JumboPesa Plus loan App: Mobile loans have become more popular for customers seeking quick loans. Unlike over-the-counter loans, mobile loans offer convenience and flexibility.
Take for example if one had an emergency; that requires financial attention, over the weekend and on public holidays when most banking halls are closed! Such an individual will suffer a great deal.
But thanks to mobile loan Apps, one can process loans online and instantly. All that is required is a smartphone and you will get your loan instantly.
Furthermore, mobile loans are paperless, and thus very few requirements, if any, are needed.
Again, there are so many lenders providing loans online. Mobile lenders have developed Apps that can be downloaded freely from Play Store. Here is one of the lenders providing such loans online.
JumboPesa Plus is a simple, entirely, leading lending platform that provides short-term loan services in Kenya to help you cover unexpected expenses or urgent cash needs.
You can apply for a JumboPesa Plus loan 24 hours a day,7 days a week with our quick application process that lets you know your status within minutes.
Fast and quick online loans in Kenya without collateral, it’s easy to download and apply for JumboPesa Plus loans.
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Easy to get started.
This is how to go about it:
- Sign on with an M-Pesa login
- Quick application
- Get a cash loan straight into your M-Pesa
- Build loan limit up to 50,000 Ksh by keeping loan payments on time
JumboPesa Plus loan App Terms and Conditions
JumboPesa charges a service fee of 10-15% of the principal.
Loans range from 500 Ksh – 50,000 Ksh over a 1-12 week term.
Interest ranges from 18% – 180% with an equivalent monthly interest of 1.5% – 15%
Example: 2 weeks loan; 10% service fee (on-time repayment)
Loan amount: Ksh 5,000
Amount of Service Fee: Ksh 500
Management fee: Ksh 490
Interest: Ksh 35
Total Repayable: Ksh 5525
JumboPesa Plus loan App Contacts
Email: [email protected]