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- Helasasa-line of credit loan Vs. Equity Mobile
Helasasa-line of credit loan im Vergleich zu Equity Mobile Nutzung und Statistiken
Loan amount(Line of credit) 6000-50000 KES
Loan term 120-180 days
Comprehensive interest rate 12%-36%
The following examples will help you understand our products:
Your line of credit is 10000 KES, and you choose to withdraw 5000 kes loan amount. Your loan term is 180 days. Your interest rate 12% per annual.
Your one time processing fee is 300 KES; Your interest is 5000*12%/365=1.64 per day.
You decide to repay the loan after 150 days. Your repayment amount is calculated as follows:
Principal=5000;
One time processing fee=300
Interest=5000*12%/365*150=246
Your total repayment amount=5000+300+246=5546
Comprehensive interest rate=26.57%
Helasasa is a personal line of credit product (PLOC) that provides you with a preset borrowing limit. Once you are approved for your borrowing limit, you can withdraw any amount (usually with a minimum withdrawal amount) at any time and as many times as you want within the borrowing limit.
You can repay at any time according to your personal needs within the agreed maximum repayment period, and we will only charge interest during the period when you use the loan. Once you complete the repayment, the corresponding amount will revert to your available limit.
Advantage*
1. No fees will be incurred if you do not withdraw after the loan limit is approved.
2. The repayment period is long and flexible, allowing you to borrow and repay at any time within the agreed maximum period without incurring additional fees.
3. Flexible use, you can withdraw the loan amount multiple times or any amount within the limit according to your personal needs.
4. Revolving limit, after the loan is paid off, your corresponding available limit will be restored immediately.
Loan Application Eligibility*
Kenyan citizen
Have a fixed income
Age between 20-65
Have a valid personal M-pesa account
Contact us*
Address:MVGP+X3J, Cosmas Ndeti Rd, Nairobi, Kenya
Telephone:+2540718168019
Email:Helasasakenyaservicew@outlook.com
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Equity mobile has revolutionised digital banking. This app gives you complete control of your financial and lifestyle needs. Simply view your balances, pay your bills, buy airtime, send money and so much more, all from one convenient platform.
With Equity mobile, you will be able to:
Conveniently and securely do your banking
- Open a bank account in an instant
- Create your profile from the comfort of your home at any time
- Have a full view of your accounts, balances and transactions
- Download account statements and transaction receipts
- Lost your card? Block it temporarily
Grow
- Borrow with ease
- View and pay your loan balances
Transact on the go
Send money
- To your own or other Equity accounts
- To other banks, locally or internationally
- To mobile money
- To your prepaid or credit card(s)
Pay with Equity
- Pay your bills
- Buy goods
- Pay to an M-PESA till
Buy airtime
Save people and businesses to your list of favourites
Quick and easy access
- Sign-in with fingerprint or facial recognition
- Change the app to your preferred language (we support English, French, Kinyarwanda, Swahili and 中文)
- Day or night, manage your money with Dark Mode support
- Google Play Store
- Kostenlos
- Finanzen
Rang speichern
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Helasasa-line of credit loan VS.
Equity Mobile
Januar 9, 2025