Mobile lending has become a very popular practice in Kenya. Its growing popularity and easy accessibility, has led to a boom in the number of mobile loan services available in the country, as a direct response to the ever growing demand present here.
One of such mobile loan services available in Kenya, is Afri Kash and in this season of Love i.e Valentine’s, this information might just come in handy. Especially with the D Day just a few days away.
Afri Kash Loan App is a fast mobile loans solution for everyone and anyone and was one of the popular loan apps available in Kenya as at 2018. It was as developed by Afri-CAN Sun Limited.
Afri Kash aims to cater to the under served and unbanked population in Kenya who are unfortunately not given access to the traditional credit and loan services that are available.
What You Should Know About Afri Kash Loans
Below are certain things you should know about Afri Kash i.e, the features as well as the requirements for your loan application:
- Afri Kash does not require its users to pay any registration fee in order to activate their accounts.
- You must be residing in Kenya in order to be eligible for a loan from Afri Kash.
- All Afri Kash loans once approved are dispersed to applicants via Safaricom’s M-Pesa service.
- You must have an Android mobile device that can successfully download and install the Afri Kash mobile app.
- Interest loans on Afri Kash are low and in addition, you can choose which particular rate would work for you.
- Afri Kash allows its users to a repayment duration that would work best for them.
- You do not need to have a Bank account in order to acquire a loan from Afri Kash.
- You do not need any form of collateral in order to acquire a loan from Afri Kash.
- All Afri Kash loans are delivered within minutes of approval directly into your M-Pesa mobile money wallet.
How To Apply For An Afri Kash Loan Via The Afri Kash App
To apply for an Afri Kash loan via the loan provider’s mobile app, simply:
- Go to Google Play Store on your android device and search for ‘Afri Kash Kenya’. Alternatively, you can download the Afri Kash Mobile app via this link: https://www.apkmonk.com/app/net.afrikash.afrikashloans/
- As soon as you are done downloading the Afri Kash application on your android mobile device, proceed to install and launch the application.
- Once done, verify your phone number.
- Next, fill in your personal details.
- Proceed to submit your Mpesa Statement for the last 3 months. Doing this will activate your Afri Kash Account.
- Once your Afri Kash account has been activated, proceed to log in using your PIN.
- Next, select an amount that is equal to or less than your loan limit.
- Once done, proceed to submit your loan application.
As stated earlier your loan once approved, will be sent to your M-Pesa mobile money wallet (which must also be your Afri Kash verified phone number) within minutes of its approval.
How To Repay Your Afri Kash Loan Via M-Pesa
To repay your Afri Kash loan via M-Pesa Paybill, simply use the following steps:
- Go to your M-Pesa via your Safaricom SIM Toolkit.
- Once there, select the ‘Lipa na Mpesa’ option on the menu.
- Next, select the ‘Paybill’ option.
- In the field labelled as ‘Paybill Number’, type in 571485. This is the official Paybill number for Afri Kash.
- Next, in the field labelled as ‘Account Number’, type in your M-Pesa phone number.
- Once done, type in the loan amount that you would like to repay.
- Type in your unique M-Pesa pin.
- Again, please make sure that all the details you provided are accurate, especially the Paybill Number and of course your phone number. After making sure the details are correct, proceed to submit your payment by selecting ‘Ok’.
How To Contact Afri Kash’s Customer Care Service Team
If you are in need of further assistance from Afri Kash, please feel free to reach out to the loan provider’s customer care via their email platform: support@afrikash.net
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