Tag Archives: Mobile loans

Cheap Mobile Loans

Fast and Cheap mobile loans to Mpesa: The Tumiwa loans and App

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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 loans Apps, one can process the loans online and instantly. All what is required is a smart phone and you will get your loan instantly. Furthermore, mobile loans are paperless and thus very few requirements, if any, are needed. Again, there so many lenders providing loans online. The Mobile lenders have developed Apps that can be downloaded freely from Play Store. Here is one of the lenders providing such loans online.

Tumiwa Loans App

Tumiwa Loan App makes it easy for you to access loans for the way you live anytime, anywhere. Sign up in seconds, apply for a loan and receive your money straight to your account. It’s a fast, convenient and reliable way to access credit when you need it.

Get your loan right to your mobile money account, like MPesa (Kenya)

IT’S EASY TO GET STARTED

  • Download the Tumiwa App from Google play store and Create your account
  • Apply in seconds
  • Receive your loan straight into your mobile money
  • Build your loan limit every time you repay a loan

Your mobile loan is sent to you right through your mobile money or bank account:
Kenya: Safaricom MPesa

KEY FEATURES: LOANS ARE JUST A TOUCH AWAY

Tumiwa Loan App puts you in control of your finances. The Branch app lets you apply for credit on the go and it works 24/7.

  • No paperwork, collateral or office visits needed
  • Use your money the way you want to — for home or business
  • No late charges or rollover fees
  • Get access to bigger loans, lower fees, and flexible payment terms as you repay
  • Loans are approved and in your account fast

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Cheap Mobile Loans

Fast and cheap mobile online loans: The Zidisha loans and App free download

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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 loans Apps, one can process the loans online and instantly. All what is required is a smart phone and you will get your loan instantly. Furthermore, mobile loans are paperless and thus very few requirements, if any, are needed. Again, there so many lenders providing loans online. The Mobile lenders have developed Apps that can be downloaded freely from Play Store. Here is one of the lenders providing such loans online.

Zidisha loans App

Zidisha is an international lending community that offers responsible, high-achieving people the chance to raise loans directly from ordinary people all over the world.

Why join Zidisha?

  • Open to everyone: You do not need to have collateral assets, a bank account, guarantors, or a salaried job to raise a loan.
  • Flexible: You choose your own weekly repayment schedule.
  • Community: Loans are funded by other Zidisha members, not banks. You become part of a supportive community of entrepreneurs and lenders from all over the world.

What are the eligibility requirements?

  • Have your own Facebook account with extensive social connections.
  • Have a source of income that will allow you to make repayments each week.
  • Be able to secure recommendations from people in your community.

How much can I borrow?

Credit limits start small and increase with each loan repaid on time, up to a maximum of US $10 000.

What are the fees and interest?

Zidisha loans do not carry interest. Borrowers pay a service fee of 5% of the loan amount, to cover the cost of transferring and administering the loan.

Loans also carry a credit risk payment ranging from 5% to 30%, which is used for reimbursing lenders in the event of default. The credit risk payment decreases as you build a history of on-time repayments.

A one-time premium membership payment may be required in order to access higher credit limits.

Download the Zidisha loans App today from Google play store and enjoy their lending services.

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Banks and Money

AGENCY BANKING (CO-OP KWA JIRANI); THIS IS ALL YOU NEED TO KNOW

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Co-Op Kwa Jirani is a convenient and simple banking model to suit your lifestyle as well as offer you convenience. This is a service from the Co-Operative Bank of Kenya.

WHAT SERVICES ARE AVAILABLE AT A CO-OP KWA JIRANI AGENT?

  1. Cash Withdrawals (From Co-op Account / SACCO Account / Fethalink)
  2. Cash Deposits (To Co-op Account / SACCO Account / Fethalink)
  3. Funds Transfer (To Co-op Account / SACCO Account / Fethalink)
  4. School/College/ university  Fees payments ( You can pay via cash or using a Co-op Visa Card)
  5. You can pay utility bills Utility Bills Payment
  6. You can check your Account balance ( Co-op Account, Sacco Link account, and KenSwitch affiliated banks)
  7. You get  your account mini-statement ( Co-op Account, Sacco Link account, and KenSwitch affiliated banks)
  8. Other Payments that you can make at a Co-op Kwa Jirani agent include:
    • NHIF Payments
    • County Payments
    • Other Government Payments e.g. KRA

RELATED CONTENT;

KWA JIRANI TARIFFS (ALL CHARGES ARE EXCLUSIVE OF EXCISE DUTY)

  1. Cash Withdrawals From Co-op Account / SACCO Account / Fethalink​​
    amount (KSHS) Charges (KSHS)
    100 – 5,000 50
    5,001 – 10,000 70
    10,001 – 20,000 80
    20,001 – 30,000 100
    30,001 – 40,000 120
    40,001 – 50,000 140
    50,001 – 100,000 250
  2. Cash Deposits To Co-op Account / SACCO Account / Fethalink
    Any amount – Free
  3. Funds Transfer (To Co-op Account / SACCO Account / Fethalink)
    Any amount – Free
  4. School / College / University Fees Payment
    • With Card
      Any amount – 50 KSHS
    • With Cash
      Any Amount  – Free
  5. Utility Bills Payment
    • KPLC Prepaid
      Any amount – 50 KSHS
    • Water Companies
      Nairobi water bill payments – 50 KSHS
      Other water companies- Free
  6. Balance Inquiry
    Charged : 10 KSHS
  7. Mini Statement
    Charged : 20 KSHS
  8. Other services:
    • NHIF Payments
      Any Amount  – Free
    • County Payments
      Any Amount  – Free
    • Other Government Payments e.g. KRA
      Any Amount  – Free
    • Water companies
      Nairobi water bill payments – 50 KSHS
      Other water companies- Free

For a list of all approved agents click on this link; LIST OF APPROVED AGENTS IN PDF The list has: AGENT NAME, POSTAL ADDRESS, PHYSICAL LOCATION, DISTRICT/ DIVISION PROVINCE,TOWN, CONSTITUENCY, GPS COORDINATES, COUNTY AND OPERATING HOURS BRANCH.

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Mswari services unavailable

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The Commercial Bank of Africa, CBA, has issued a statement on the outage of its loan product on Safaricom’s Mpesa platform, Mshwari. Accordind to CBA, the Mshwari Services are currently unavailable due to a system outage.

CBA apologizes for any inconvenience caused and promises that their engineers are working tirelessly to rectify the problem. Mswari is a CBA product on Safaricom that Mpesa use to process mobile phone loans.