Chapaa Loan

1.0.8
Chapaa Loan is a modern and user-friendly loan application, seamlessly providing customers with fast loan service experiences on the APK mobile platform.
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3.9/5 Votes: 1,363
Developer
Chapaa Loan
Updated
06/03/2024
Size
18,70 Mb
Version
1.0.8
Requirements
5.0
Downloads
100,000+
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Description

With the aim of providing a reputable and prompt loan experience, the Chapaa Loan app has been readily available to customers in the Kenyan market. The registration process here is conducted online, while the accompanying terms are also straightforward. This online personal loan app operates on simple principles, effectively bridging customers with the largest financial institutions in the country. Consequently, loan processes are entirely simplified.

Features available on the Chapaa Loan app include:

  • Personal loans with large limits, starting from Ksh 1000 and up to a maximum of Ksh 50,000
  • Adjustable loan durations ranging from 3 months to 12 months
  • No service fees attached to loans
  • Competitive interest rates, with flexible loans ranging from 12% to 28%, depending on the customer’s loan profile.
  • All processes are handled online, from registration to verification. Particularly, processing time is swift and does not require personal documentation.
  • Payments can be made anytime, anywhere, with no early repayment fees for early payments.
  • Customer information is kept confidential and guaranteed absolute security by Chapaa Loan.

Customer requirements:

Before downloading the Chapaa Loan app and applying for a loan, customers need to meet the following criteria:

  • Be a Kenyan citizen within the age limit of 18-55 years old.
  • Provide proof of financial income, with a minimum salary of Ksh 5000.
  • Utilize the Chapaa Loan app and successfully download it onto their phone.
  • Register an account through the registered phone number.
  • Verify personal documents and upload a selfie through the official mobile app.

The loan process you need to follow:

Guidance for new customers is always available within the app. However, to swiftly complete your profile and successfully disburse loans, simply follow these instructions:

  1. Download the app via the official download link and wait for successful installation.
  2. Verify customer information and fill in all required details. Particularly, ensure to verify monthly income before proceeding with loan applications.
  3. Set the loan amount and adjust the loan period accurately. Additionally, ensure that loan requests here meet the specified limits.
  4. Execute electronic contract signatures and confirm. Then, simply wait for about 15 minutes for profile approval.
  5. For successfully approved profiles, funds will be transferred directly to the customer’s account. Subsequently, customers can comfortably use these funds and complete payments within the stipulated contract period.

Throughout this process, if assistance is needed, customers can always contact Chapaa Loan staff. They will receive, respond to, and provide necessary assistance to all customers.

Chapaa Loan is highly regarded for its flexible loans, with borrowing limits reaching up to Ksh 51,000. For those in need of quick and secure financial loans, consider downloading the app and completing loan applications today. However, if you wish to explore more about online lending apps, you can always refer to the content below this section.