How to apply for M-Pesa Fanikiwa loans in Kenya? In this article, I will be touching on this topic including how to use Fanikiwa USSD and Download Fanikiwa App.
This financial solution lets you borrow between KES 100 and 10,000 at an interest rate of just 5% over 30 days.
This comprehensive guide will dive into the key aspects of the M-Pesa Fanikiwa loan service and teach you how to apply instantly on your phone.
Loans from M-PESA Fanikiwa range from Ksh100 to Ksh10,000 disbursed instantly upon approval.
M-Pesa fanikiwa loan interest rate is 5% .
How to apply for M-Pesa Fanikiwa Loans via USSD Code
The application process is currently available via M-PESA Fanikiwa USSD code *844#.
To apply dial *844# using your Safaricom number and register for M-Pesa Fanikiwa.
Upon successful registration, you’ll then be able to apply for M-Pesa Fanikiwa loans according to your loan limit.
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M-Pesa Fanikiwa Loan App Download
Can one download the M-Pesa Fanikiwa loan app? No. Currently, there’s no availability of the app on the Google play store or Apple app store.
You can, however, check the M-Pesa Fanikiwa service by downloading M-Pesa App.
To Repay M-PESA Fanikiwa Loans
The loan repayment duration is 30 days.
Borrowers pay loans via USSD Code*844# or via M-PESA App.
Customers are encouraged to make early loan repayments to avoid late fees and being CRB blacklisted.
M-Pesa Fanikiwa loan customer care contacts
The service is being provided by Safaricom. You can therefore contact Safaricom M-Pesa customer care for help.
The M-Pesa Fanikiwa loan is a breath of fresh air in mobile lending, providing a quick, convenient, and low-cost borrowing option. While its accessibility is currently limited, it promises to be a game-changer when fully launched.
With this guide, you instantly know how to apply for an M-Pesa Fanikiwa loan on your phone, provided you are part of the pilot phase.