Pesa Zetu

    September 19, 2016   No comments

Pesa Zetu is a Kenyan domestic mobile lending marketplace with many Kenyan lenders and Kenyan borrowers.The marketplace uses the peer to peer lending model practised by international money marketplaces like Kiva and Zidisha. Pesa Zetu was founded by Engineer William Keliehor,Business Market Advisor Samir Satchu and FinTech Specialist Hilda Moraa.



Read How to borrow from Kiva

Pesa Zetu Statistics 
Though Pesa Zetu is still in Beta,it has already seen over 100 lenders joining, over 1300 loans approved and over kes6.7million disbursed through M-Pesa as loans to qualifying borrowers.
Pesa zetu peer to peer lending market place

Pesa Zetu Partners 
Pesa Zetu lending marketplace have seen support from Musoni,ZEGE Technologies, Credit Information Sharing (ICS)Kenya,TransUnion,Busara,Financial Sector Deepening (FSD)Kenya and First access.

How Pesa Zetu Works 
Borrowers 

  • Register on the Pesa Zetu Website(www.pesazetu.co)
  • Describe your loan and approve it
  • If lenders fund your loan,money is disbursed to your M-pesa account
  • Repay your loan through paybill number 531304 on time to unlock big loan amounts
Lenders 

  • Register on the Pesa Zetu website(www.pesazetu.co)
  • Top up Pesa Zetu wallet and start funding loans
  • Watch and monitor the progress of loans you funded
  • Earn interest on repaid loans
  • Grow your pesa zetu wallet or withdraw your money
Loan Features

  • Loans have up to a maximum of 28 days to be fully repaid
  • Interest rate on loans r├ánges between 6% to 10% per month
  • Late loan repayment attract a charge of 10% of the arrears
Pesa Zetu Contacts 
Visit Greenhouse Mall,Ngong Rd,Nairobi.
Call:0713632772 or 0711126506 .
Email: mambo@pesazetu.co
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Mwabaya Katana

Posted By Mwabaya Katana

Mwabaya Katana is a Personal Finance online writer.He is the founder of 'Loans Kenya' Blog.

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