Finance is always a sensitive issue for many people. If you are looking for a simple, fast, and secure way to borrow money, consider reputable loan apps like Mkopofast.
Introduction to Mkopofast loan app
Mkopofast is known as the leading online lending app in Kenya today. The company possesses a professional and experienced management team. By utilizing the most advanced technological platforms, Mkopofast consistently provides customers with convenience, speed, and safety.
With Mkopofast, you can easily obtain short-term loans with favorable interest rates. No matter where you are, as long as you have a smartphone with an internet connection, all your financial concerns can be addressed. The loan application process at Mkopofast is extremely simple, saving a lot of time for customers. All loan transactions and customer information are securely protected, so you can have complete peace of mind.
Conditions, Limits, and Interest Rates
To borrow money from Mkopofast, you need to meet the following requirements:
- Be a Kenyan citizen, currently residing and working in Kenya.
- Age between 22 and 60.
- Have a stable monthly income.
- Possess a valid national ID card and bank card under your name.
- Having assets can facilitate the borrowing process.
At Mkopofast, even if you are a first-time borrower, you can easily obtain loans ranging from 200 to KES200,000 for a period of 92 to 183 days.
The interest rates offered are highly favorable, starting from 12% per year, which translates to approximately 1% per month. Additionally, any other fees will be clearly stated in the contract.
Guide to Registering for a Loan at Mkopofast
The steps to register for a loan at Mkopofast are simple and fast. Just follow the instructions below:
Step 1: Choose the loan amount
First, access the Mkopofast website or download the mobile application. Then enter the desired loan amount. The interest rate, fees, and monthly repayment amount will be displayed. If you agree, enter your phone number and click “Register Now.”
Next, a confirmation code will be sent to your phone number. Enter the code to verify and provide the required personal information for registration.
Step 2: Provide personal information
Provide your complete personal information, including your full name, date of birth, gender, address, ID number, etc. Additionally, provide details about your occupation, such as job title, company contact, and monthly income.
Take photos of both sides of your ID card and upload them to the system for verification.
Provide the contact information of a family member to facilitate the loan process.
Provide your bank account number: After successful registration, enter your bank account number to receive the loan amount. This step requires careful attention, so double-check the information, as an incorrect account number may result in the funds not being deposited to you.
Step 3: Consultation and Loan Disbursement
Immediately after completing the account registration and loan application process, a representative from Mkopofast will call you to provide guidance and consultation.
If your application is approved, you can receive the loan amount quickly, usually within approximately 5 minutes. Once the disbursement is successfully processed, you will receive a notification message from the system.
Loan Repayment Instructions
The loan repayment process at Mkopofast is also straightforward and convenient. You can choose one of the following methods:
Payment via mobile wallet
- Step 1: Log in to Mkopofast to obtain the payment account information. Alternatively, you can contact Mkopofast’s hotline to obtain the payment information.
- Step 2: Log in to your mobile wallet.
- Step 3: Select the transfer method. Note that if using internet banking, you should choose “Quick transfer to an account.”
- Step 4: Enter the account number obtained in Step 1.
- Step 5: Enter the payment amount > Enter the OTP code and click “Confirm.”
- Step 6: The screen will display a successful payment confirmation. You can check the transaction history for verification.
- Payment at designated outlets: You can make the payment at various designated outlets such as supermarkets, convenience stores, etc. When visiting these outlets, you will need to provide your ID card for payment confirmation.