Kashbean-your loan partner

Kashbean offers a mobile loan service tailored to meet the financial needs of customers in Kenya, aiming to facilitate business growth and address various financial requirements.

Product:

• Loan Amount: KSh 1,500 – KSh 80,000
• Loan period: 91 days - 365 days
• Maximum loan limit: KSh 80,000
• Low interest rate (maximum APR): 36% per year

For instance, consider a loan of KSh 20,000 over a 91-day term. The breakdown of fees is as follows:

• Monthly interest rate: 36% / 12 = 3%
• Monthly interest: KSh 20,000 * 3% = KSh 600
• Total monthly payment: KSh 20,000 / 3 + KSh 600 = KSh 7,266

The total repayment amount, including principal and interest, will be KSh 21,800.

Operating as an online lending platform, Kashbean offers competitive fees and interests based on the selected product. These charges cover credit score evaluation, account management, and payment processing costs.

Why choose Kashbean for your loan needs?

• No Credit report is required
• Paperless and digital process accessible on mobile devices
• No collateral needed
• 24/7 access to loans anytime, anywhere
• Funds disbursed directly to your M-PESA account within one minute post-approval
• Services available nationwide in Kenya
• Loan limits increase as credit scores improve
• Flexible payment options

Eligibility criteria:

• Must be a resident of Kenya
  
• Aged between 18-60 years old
  
• Possess a verifiable source of income with repayment capability

Repayment methods:

  
• Repay through our M-PESA Paybill number:196184 with your M-PESA phone number as the account number/using our APP M-PESA Express.
  
• Enter the repayment amount and your M-PESA PIN.
  
• Timely repayments enhance your credit score.

Data Security:

Your information is safeguarded by a secure HTTPS connection. We prioritize data privacy and do not disclose any information without consent except to approved lenders. All transactions are encrypted using a secure 128-bit SSL encryption method. Feel free to review our privacy policy before registering.

Contact Us:

If you have any inquiries or feedback, please reach out to us via email at [email protected] or utilize our online application services.

Address:

Applewood Building, Nairobi City, Kenya.