Broke? Give your Wallet a boost of NRG with Okash Instant Loans

Written by on March 13, 2018

Are you broke? Do you need some money to see you through the next couple of days? No need to worry, OKash has your back.

OKash is a mobile application that was launched on Monday by OPay – the Fin Tech company of the Opera Group.

It enables Android smartphone users to access safe and convenient loans for their day-to-day expenses be it education, health, travel or even rent.

What’s more is that users can access small loans that attract a low interest rate of 1% per day and a maximum repayment period of 14 days.

Paying off your active loans faster allows you to request a new loan sooner and users with consistent repayment behaviors can apply for a single loan up to Ksh. 500,000, which attracts a paltry 5% interest rate.

OKash is easy to use. After installing the application from Play Store users should follow the simple steps illustrated below to access loans.

Step 1: Enter Your Details and Request for a Loan

  Step 2: Confirm Your Details and Repayment Term

 

Repaying the loan is quite easy. All users need to do is to click the repayment button and the loan will be deducted from their M-PESA wallets.

The application uses Artificial Intelligence (AI) to analyze the purpose of the loan as well as the repayment behavior of the user.

“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,” Eddie Ndichu, Managing Director for Opera in Kenya, stated.

Download OKash HERE and get rid of that expense that has been bugging you.


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