Kamoa: your credit marketplace vs Chipper Cash Usage & Stats

Meeting the financial pressure of everyday life can be hard. That is why as Kamoa we provide a better way for Kenyans to access affordable loan offers from a range of lenders. It is our mission to build a trusting relationship between borrowers and lenders, giving Kenyans the opportunity to reach their financial goals. The Kamoa mobile app is a free, data-driven platform that is changing the way Kenyans find the best financial products for their needs. From school fees to business capital and every kind of personal loan in between, we use real data to provide lenders with an accurate and unfiltered picture of your true current circumstances. Kamoa is not a lender. We help you find the right loan for your needs through our credit marketplace, and we demystify the credit scoring process so you can control your own creditworthiness. If you decide to accept any of the offers in Kamoa (and if you consistently repay on time) your Kamoa TrustScore will grow. An improved score translates to better and cheaper loan offers in the future. Our innovative scoring system ensures you know exactly how well you are doing at all times, even when you are not seeking a loan. What makes it awesome: - Control over your financial information - Kamoa uses the data you share to build your personal TrustScore. - The more data you share, the more trust we create and the better offers you will unlock. - Our innovative scoring system ensures you know exactly how well you are doing at all times, so even if you’re not looking for a loan right now you can check everything is ready for the future when you might need a little help. - Accessible and affordable loans from a range of lenders Signing up is quick, free and easy and you’ll need to be 18 or over to register with us, and just so you know, we’re a credit marketplace – not a lender. Terms: • Credit limit amounts: from Ksh 500 to Ksh 4000 • Maximum Annual Percentage Rate (APR): 292% • Repayment period offered: from 9 weeks to 24 weeks • There are no additional fees associated Representative example: If you borrow Ksh 2000 over 12 weeks at APR 292% (fixed) you would make twelve repayments of Ksh 233,35 per week. You would repay Ksh 2800.21 in total. The total cost of credit would be Ksh 800.21. Need assistance? We want to hear from you, ask us a question or give us feedback. Reach us on support@kamoa.app