Helasasa-line of credit loan

Loan amount(Line of credit) 6000-50000 KES

Loan term 120-180 days

Comprehensive interest rate 12%-36%

The following examples will help you understand our products:

Your line of credit is 10000 KES, and you choose to withdraw 5000 kes loan amount. Your loan term is 180 days. Your interest rate 12% per annual.

Your one time processing fee is 300 KES; Your interest is 5000*12%/365=1.64 per day.

You decide to repay the loan after 150 days. Your repayment amount is calculated as follows:

Principal=5000；

One time processing fee=300

Interest=5000*12%/365*150=246

Your total repayment amount=5000+300+246=5546

Comprehensive interest rate=26.57%

Helasasa is a personal line of credit product (PLOC) that provides you with a preset borrowing limit. Once you are approved for your borrowing limit, you can withdraw any amount (usually with a minimum withdrawal amount) at any time and as many times as you want within the borrowing limit.

You can repay at any time according to your personal needs within the agreed maximum repayment period, and we will only charge interest during the period when you use the loan. Once you complete the repayment, the corresponding amount will revert to your available limit.

Advantage*

1. No fees will be incurred if you do not withdraw after the loan limit is approved.

2. The repayment period is long and flexible, allowing you to borrow and repay at any time within the agreed maximum period without incurring additional fees.

3. Flexible use, you can withdraw the loan amount multiple times or any amount within the limit according to your personal needs.

4. Revolving limit, after the loan is paid off, your corresponding available limit will be restored immediately.

Loan Application Eligibility*

Kenyan citizen

Have a fixed income

Age between 20-65

Have a valid personal M-pesa account

Contact us*

Address：MVGP+X3J, Cosmas Ndeti Rd, Nairobi, Kenya

Telephone：+2540718168019

Email：Helasasakenyaservicew@outlook.com