Get Baraka today.
Loan Amounts: Ksh 250 to Ksh 70,000
APR: 32% to 240%
Monthly interest: 1.8% to 20%
Example Fees: For a loan of Ksh 10,000, a flat fee of Ksh 2,160. No late fees, rollover charges, or origination fees.
For a loan of Ksh 10,000, customer would pay 10,000(loan)+2160(flat fee) = Ksh 12160 total
Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms for up to 336 days. Every loan amount we offer has the option to repay in a minimum of 60 days.
How we are different
* Baraka Loans offers flexible loan products
* Only three steps to Your loan:
- Get Approval
- Disbursement to your M-pesa account
* Repay your loans in time or complete Increase Limit tasks to build your credit limit and reduce on interest rate.