Unlike iOS users, any Kenyan owning an android device can easily download the ‘Tala’ loan app and use the same to request for a loan, usually approved within a matter of seconds. The loan facility, which was previously known as ‘Mkopo Rahisi’, enables Kenyans with an android phone to request for loans of up to Ksh. 50,000. Users need to create an account though, and taken through some questions that determines if they qualify and how much they can borrow.
Risk analysis is usually based on Mpesa transactions history, and after a successful request, users can opt to repay within a month or the whole amount at the end of the month. Repayments can be done via Mpesa Paybill no: 851900, and loan limits are calculated based on user repayment history.
Tala Loan Tiers;
- Bronze: Ksh. 500 – Ksh. 4,999
- Silver: Ksh. 5000 – Ksh. 9,999
- Gold: Ksh. 10,000 – Ksh. 50,000
Tala Interest rate is calculated between 11% to 15%
How to apply and get Tala Lans from your Android Phone
- Basic requirement is at least to have an android smart phone that you can use to download the Tala Kenya App.
- Head over to the Google Play Store and download the Tala App
- You may also need to link it with a facebook account when registering
- You’ll be prompted to prove further details such as phone number and answer a few questions.
- Qualifying for a loan will depend on how you answer these questions
- You can then start using the service and check your current loan limit as well.
Comment:although i appreciate your services but how would i know my loan limit?so i kindly request you to send to me my loan limit so as to guide me in terms of borrowing loan.
Comment:8000
Comment:Ss
500
I Need 2000 from tala
I need 2000 from tala
Comment:ineed loan 500
i need 10,000 from tala
i request ten thousand from tala
Comment:I need 15000 from tala
request for 60,000/[email protected]
can i get 60,000/=?
Comment:
I forgot my pin plz hep
Comment:I have paid the loan …and I want the next loan how can I get it
5000
Comment:Request aloan1000
Comment:ineed 3000
Comment:can i get 8000
PLEASE HELP ME TO KNOW MY LOAN LIMIT THRU MY PHONE THANK YOU
Comment:how do y get the money I want money for a bussines
Comment:i need 3000
for improving my business
Help me to request a tala loan plz
Comment:ineed 5000 Loan
Comment:ineed 1000 load
Comment:I need sh 3000 loan how can I get
I Want to pay by 3weeks
ineed 10000 to improve my business how can i get it?
Comment:lneed for school fee
Comment:nataka kumalizia Nyumba: 30000
Comment:help me with 500 for personal use
Comment:I need abussiness loan
Comment:please I need ksh 6000 help
Comment please I want 5000
I need 5000
Comment:i need 10 000
Comment Please I need 1000
Comment:pleasf i need 1000
Comment:please i need 1000 ksh
Comment:please i need loan of 2000
Comment: I need 500
Comment:
Can I get a loan of 20000?
i wont 5000
Comment:
Comment:i want a loan for school fees
I want alon for iproving my bussines
Please i need 1000
Comment:loan for businesses expansion
i need 10,000,how can i get through my phone(m-pesa)
Comment:I need 120000 how can I get please
I need 50000
Comment:I need 10,000 hw can i get.
I will pay on time
Comment:I need 1000 how can I get it plzzz, I will pay on time thank you
Comment: ineed 2000 trough my 4n (mpesa) iwili pay on time
Comment:12543