KB Okolea

Features KB Okolea

About this app:In out endeavour to meet our customer needs, Kingdom bank in partnership with Okolea International; would like to be able to server over 200,000 retail customers and over 100,000 micro, small and enterprises.Download KB Okolea App and get loan up to Kes 30,000 for up to 120 days for personal, business or other financial needs.
Money directed to your M-pesa in realtime.Features:KB Okolea is the go to solution for customers in need for quick mobile loans processing at their convenience.
The following is what is required National ID photo Profile photo Realtime processing of loan to Mpesa Grow you limit fast One off commissions from as low as 4% inclusive of Excise Duty No security requiredKB Okolea Personal Loans:Loan Amount - Ksh 1,000 - Ksh 30,000Duration - 62 days to 120 daysInterest rates - One off interest from 4% to 15.45% dependent on loan durationMaximum APR - 74.16%Example personal loan: Amount requested - Kes 5,000Duration - 120 daysInterest - 10,000 * (15.45 / 100) = Kes 772.50Amount disbursed - Kes 5,000Amount to be repaid - Kes 5772.50Monthly payment - 5772.50 / 4 = Kes 1444Eligible CustomerAny Kenyan resident of 18+ years of age who has a valid Identification Card and an M-pesa number.Time to money:Customer indicates how much they need within their allocated limits and choose the ideal repayment date.Money is sent realtime to customer M-pesa in realtime upon request approval.Repay directly via the app or via Paybill 7381740 and ID Number as the account number.Early of partial payments can be done before due date.Data privacy and safetyAll data collected is to verify your identity and build your credit profile.
KB Okolea does not disclose and personal information to anyone without your permissions.We encrypt the data you choose to share with us for safety.Click https://kb.okolea-international.com/privacy-policy to view our privacy policy.DisclaimerKB Okolea is owned by Kingdom Bank LTD, which is regulated by the Central Bank of Kenya in partnership with Okolea International which is a licensed DCP by Central Bank of Kenya.