Mega Loans Kenya for Android – Latest Version & Features

Mega Loans App focuses on providing short-term credit to fix your emergencies and occasional short-term money needs.Our services are available to any adult in Kenya(18+) with a national ID and an MPESA-enabled phone number or bank account.
We give a minimum of Ksh.
1,000 and a maximum of Ksh.
3,000,00 at a reducing Maximum Annual Percentage Rate of 60% per annum.
The minimum loan repayment period is 3 months and a maximum period of 1 year.For example, if you take a loan of Ksh.
20,000, and plan to repay it in 3 months, the payment can be broken down as follows Monthly Payment = Ksh.
18,360Interest 1st Month = KSh.
2,500Interest 2nd Month = KSh.
1,706Interest 3rd Month = KSh.
874Cumulative Interest = Ksh.
5,080Total payment in 3 months = Ksh.
55,0801.
Why choose Mega Loans App?We offer a variety of loans to cater for your needsWe offer flexible repayment period plansQuick disbursement on approvalLoan extension application available2.
Who can apply for a loan?We will consider an application form from you if you are:Aged 18 or overA Kenyan residentYou have a salary account with a bank in Kenya3.
SecurityYour 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.