Copia Loan App is a mobile money lending platform that provides fast access to mobile loans to borrowers in Kenya. The app is managed by Hlinvest.
To start accessing loans from the lender, kindly Download Copia Loans App from the Google play store and create your account.
How to Repay Copia Loans
The repayment duration here is from 3 to 6 months. Borrowers make repayments from within the app without using the Copia Paybill number.
Copia Loans Interest Rates & Loan Limits
The mobile lender gives loan amounts ranging from ksh 500 to a maximum of ksh 60,000 to successfully loan applicants. The money is disbursed directly to the borrower’s M-Pesa wallet.
Copia loans have an interest rate of 5% to 36% per year. Some reviews on the Google play store say the app asks for registration fees.
• Repayment period: From 3-6 months. Customers can express a preference for loans of 91 days.
• Loan Amount: from KSh 500 ~ KSh 60,000. Grow up with Copia and build your credit limit up to KSh 30,000 by making your loan repayments on time.
• Processing Fee: 0
• Annual Interest Rate: from 5% to 36%.
• Service fee: 0
• Loan request: Need to be at least 18 years old
For example, 91 days of loan payment terms have an origination fee of 9%. For the loan process with the principal amount of 1,000 Ksh, the origination fee would be 90 Ksh, and the total amount due would be 1,090 Ksh.
Copia Loan Contacts
To get help from the lender kindly use the contact below. There are no Copia mobile phone numbers though at the moment;