Mshwari Loans
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Go to WebsiteAbout Mshwari Loans
M-Shwari is a savings and loan service available to M-PESA customers. It allows users to save as little as Kshs. 1 and access credit starting from Kshs. 1,000. This service provides a convenient way for individuals to manage savings while accessing small loans without collateral.
Amount
KSH 1,000 - KSH 1,000,000
Tenor
1 - 12 months
Min. Approval Time
24 hrs
Countries
Requirements
The basic requirements to apply for a loan on Mshwari Loans include:
- • Be an M-PESA subscriber for at least 6 months
- • Save on M-Shwari
- • Actively use other Safaricom services such as voice, data and M-PESA
How to Apply
To apply for a loan with Mshwari Loans, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
Alternatively, you can download the lender's app on Google Play StoreorApple App Store.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
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