Thursday, July 15, 2021

Mapato Loan App - Download, Apply for Loans, Repay via M-Pesa, Contacts

    July 15, 2021   No comments


Mapato loan app

Mapato App is a fast and secure mobile money lending platform providing Kenyans with affordable loans. The app is managed by Lentech Inc.

Mapato Loans - Interest Rates, Loan Limits 

The micro lender provides loans ranging from ksh 2000 to a maximum of ksh 50,000 instantly via Mpesa. 

Mapato charges an interest rate of 1.3% per month or 16% per year. No service fee is charged. 

Note ; the app shows ads. Proceed only if you're comfortable with advertisements. 

To start accessing loans from the lender, Download Mapato App from Google play store and create your account. 

How to Repay  Mapato Loans

The repayment period for Mapato loans is from 91 days all the way up to 365 days. When the repayment is due, borrowers can do so from within the app without using Mapato Paybill number. 

How to Contact Mapato Loan App

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Mwabaya Katana

About Mwabaya Katana

Mwabaya is an experienced and talented finance content creator based in Kenya. He is the Founder of Loans Kenya Blog.

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