Developer: Zillions credit company limited
Category: Finance
Meta Loan provides mobile loan service for Kenya customers.
• Loan Amount: KSh 1000 – KSh 80,000
• Tenure: 91 days - 365 days
• Maximum loan limit: Ksh 80,000
• maximum APR: 48% per year
For example:for loans of ksh 20,000 with a term of 91 days, the fees charged are as follows:
Monthly interest rate： 48% / 12 = 4%
Monthly interest： ksh 20,000 * 4% = ksh800
Total monthly payment ：ksh20,000 / 3 + ksh 800 = ksh7467
total repayment bill including principal and interest shall be:
ksh 20,000.00 + ksh20,000* 4%*3= ksh 22400
1. Why loan from Meta Loan?
• No Credit report is required
• Paperless and digital process on your mobile
• No collateral requirements
• Get 7/24 access to a loan at any time and anywhere
• Disburse to your M-PESA directly in 1 minute once approved
• Available across Kenya
• As the credit score grows, the loan limit increases
2.who are eligible?
• Kenya Resident
• 18-60 years old
• has a source of income and have the ability to repay
3. How to repay the loan?
• through our M-pesa Paybill 4023507 and the account no. is the Mpesa phone number you sign up with/ through our APP M-pesa express
• enter the amount you pay and enter the pin of M-pesa
• timely repayment will increase your credit score, you will have more chances to get more limits
4. Security
Your data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.you can review our privacy policy before registering.
5. CONTACT US
If you have any feedback, questions, or concerns, please e-mail us at [email protected] or in our application online service.
Address: Daykio Plaza, Nairobi City, Kenya
