and just how easy it is to be a Mobile loan apps have grown almost threefold here in Kenya, exerting some pressure on traditional USSD based service providers such as Mshwari and KCB-Mpesa. With the introduction of OKash by Opera Software, there’s no better time to review terms and interests charged on loan applications approved for a short term loan. And as of today, OKash is currently the most popular loan app; at least from statistics of downloads from the Google Play store.
According to Opera’s Managing Director Eddie Ndichu who was speaking on the tremendous positive response the app has received from Kenyans, he acknowledged presence of enormous demand for short term loans in the market with incentive for earlier repayment which is the model taken by OKash. OKash, alongside M-Pesa, enables users to access small loans for an interest as low as 1 percent per day and a loan term of a maximum of 14 days.
“We know that there are more than 20 million people in Kenya who use loans actively every day and we want to give them a high-end product with an exceptional user experience to make their life more comfortable when applying for and making payments with loans,” says Mr. Ndichu.
“The faster a user pays off an active loan, the sooner they can request a new loan. Users with timely and consistent repayment behaviors can apply for a single loan up to 500,000 KES at a total interest of 5 percent,” reads a statement from the company.
How to Get OKash and Start requesting loans from your mobile phone;
- Download OKash app from Google Play store.
- You’ll need to create an account before using the app, and a mobile number is mandatory
- While at it, personal details such as Names, ID no, Date of Birth, level of education, current monthly income, marital status, employment details, residential status, referees names and mobile number as well as details of any outstanding loans will have to be entered.
- After you’ve successfully created an account, you can now proceed to request a loan.
- As one of their conditions, users need to be between age range of 20-55 years.
- Good luck
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Comment:I have tried to request a loan but they did not ,iam active in paying loan some companies like tala ,branch,and many others knows me that iam a. CRB enemy ,why not Okash
Comment:Okash is a financial caring partner
Comment:loan
Comment:I just cleared paying the loan yet I still can’t get accessed to borrowing again after clearing. what could be the problem? ??
I have tried to request for a loan and it seems impossible.why is that?
Comment:how long to take to approve Sloan or send a feedback??coz I applied yesterday and till I have not got a feedback.
Its increasingly difficult to asecond loan, the app is not reliable. Pls look at it.
You cannot challenge it without trying
Comment:how can access the loan
Comment:why is it that the app isn’t installing in my phone..
Comment:If I cannot get a loan please refund 350/=back seriously I need please. Its a humble request.
thanks
Comment:i want a lone
I’ve paid my loan but i can’t see the approval for the cash loan ive made today, so please am requesting for the next loan approval.
I have applied for a loan and have been told to review my application details which have done severally but no approval, pls assist.
Comment:I have tried to create my account,,,BT they said I’ve not put correct m_pesa number.what can I do now
Comment: everything is ok with Okash.
Okash wacha iwe ya kusaidia watu lakini sio kuibia wateja
Comment.So okash is full of problems?To hell with okash,.Vile naona watu wakicomplain?!Siezi jiingiza kwa shida naona,,,bye
Comment:request loan
Comment:Hi
Comment5000
Comment:paid my loan on time but cannot access another one.What’s the problem?
Hi how long does it take for the loan repayment to be reflected on the app. It also rejected the account number so I entered my mobile number and later received a confirmation of repayment from Ipay…kindly update.
Comment:l paid the overdue loan with okash procedure but have not receive approval confirmation and yet loan is still adding up.
Ineed a loan but can’t get and paid previous Loan what might the problem please help
Paid my loan on time but still shows I owe you money.what could be the problem.
I paid my loan on time,but cannot access anymore.why?
Kama uko na shida ni NGUMU sana kwa hiyo loan kukusaidia pesa hawatumii SAA hiyo.
Comment:they don’t offer a loan for me
I paid my loan of 1500 on time,but cannot access anymore.why?
i applied for a loan one day ago and have not received the loan yet
Comment:I have tried to apply loan but it is saying your name does not match with that of ID
Comment:am a new member am trying to tap “apply loan ” but its not showing anything..what should I do?
Why can’t I not been given loan in your app?
Why am not given loan
Opened an account.But noticed after submitting ID no was not correct.kindly help I rectify it.
Comment:If the loan is good,keep it,up and make,sure that, if someone have applied it,give them the loan they have applied.Do not retain the loan sonmeone have applied.Give him or her.
I have registered and applied for loan,but the last proceess where you click ‘apply for loan’ is not showing so that I may apply.
I have tried accessing loan but you don’t approve me why ati check your app
I can’t access ur loan everytime check your app or your names doesn’t match your ID
APP are not representing my Gmail yet it’s my Gmail I normally use why?
Comment:if lhave another will u give aloan
Comment:why do u ask for ID n person’s photo yet u deny the loan then I am un able to reset…. I’m not comfortable with this o-kash app
Comment:i have been applying but havent given the loan wots up i need the cash
Comment:I have tried to request for a loan na bado cjapewa.kwani MTU anachukua mda UPI ndo apewe?
i have applied a loan I didn’t get what could be the problem and I have paid for 150 to given 1500/=.please assist me.
Comment:wajeni uongo Okash loan
mnasema click app?wafanye pashara wensangu mkopo ni Tala na branch
what could be the reason advertising the app and your very mean to other people?
Comment:
l applied a loan na bado sijapata pesa bt kwa account inaonyesa
Am applying for a loan but you are declining,is the loan meant for specific people?
Comment:okash u should change tala perfect since I started borrowing its now 2months no feed back talla have lend me twice so big up for talla and branch pull up ur socks okash or change name to nokash ur wasting bundles for nothing mybe confirmation is after new constitution just wait✋✋