KenNow is a mobile money lending platform which gives instant and affordable loans to borrowers via M-PESA.
Welcome to Loans Kenya Blog.in this is article I will be telling you what I know about Kennow loans,app download, interest rate and contacts.
KenNow loan features - Interest Rates and Limits
This mobile money lender gives loan amounts ranging from KES 3,000 to KES 80,000 disbursed via MPesa. Loan limits vary from customer to customer. The app does background checks to come up with each customer's loan limit.
Ken Now loans have an interest rate of up to APR 20% . In addition there's a service fee of between 3% - 6% depending on the customer's credit score.
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| Kennow Loan App Logo |
How to Download KenNow app APK and apply for loans
You will need to download KenNow loan app from Google play store and create your account.
As said earlier, the app awards each customer with a loan limit ranging from KES 3,000 to KES 80,000. A customer can then apply for the loan within KenNow app not exceeding the loan limit given. Approved loans will be directly disbursed to the borrower's M-Pesa account.
Unfortunately,the loan limit can also be zero (0) for customers who don't qualify right away.This can be due to several reasons for example insufficient or false information provided or poor credit score.
How to pay KenNow loans
KenNow loans repayment duration is from 91 days to 365 days. Borrowers pay from within the app without using KenNow paybill number.
If you like videos you can check KenNow loan app video on Loans vLog YouTube channel;
KenNow loan app Contacts
KenNow has no mobile phone numbers at the moment. Use the email address below to get help;
customerservice@kennowken.com
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