Description Mkopo Cash Loans

HiKash - Online loan app for online Kshs cash funds in kenya, with a credit limit of up to Kshs 20000. Our mission is to provide users with safe, convenient and secure cash or online cash loans.
🚩 ★ Online Loan Products
The App Hikash offer
1. Minimum Loan Amount: 1000 Ksh.
2. Maximum Loan Amount: 50000 Ksh.
3. Minimum Loan Term: 91 days
4. Maximum Loan Term: 180 days
5. Interest rate: 36% APR
6. Service Fee: 0%
7. Loan request: Need to be at least 18 years old or above
**Example: If the loan amount is 2000 Ksh, the loan term is 61days, and the Interest rate is 16%, the total Interest should be 2000 Ksh * 16% = 320 Ksh.
For the repayment plan:
Month 1 should pay the interest 160 Ksh only.
Month 2 should pay both principal and remain interst 2160 Ksh.
Privacy and Permissions:
Mkopo Cash makes getting a personal loan simple by using the data on your phone including your information to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.