Jamii Loans was a finance app developed by sasatech. It was removed from Google Play Mar 20, 2022 and is no longer available for download.
Download Statistics
Jamii Loans had been downloaded 710 times before it became unavailable.
User Ratings
The app had no ratings.
App Information
Jamii Loans was free to download. The APK download size was 5.26 MB. The last available version was 1.1.jamii1. The last update was on January 28, 2022.
Technical Requirements
The app had a content rating of Everyone. The app had been available on Google Play January 2022.
Description
Jamii Loans offers you secure instant loans to MPESA with an interest rate of upto 5% which is currently the market best in Kenya. Loan application process is also made very easy enabling anyone from all levels to apply instantly from the comfort of their Android device. Quick Steps to apply for instant loan to MPESA. 1. Fill in all your information as required in application process 2. Choose the loan amount and click on apply 3. Your loan application will be sent to the mobile wallet account provided upon approval. 4. You will receive feedback for your application as soon as the instant loan is processed and transfer completed.
Platinum Instant Mpesa Loans products and Fees • No service charges • Minimum Amount: Ksh 500 • Maximum Amount: Ksh 250,000 • Minimum Repayment Period: 90 days • Maximum Repayment Period: 48 months • Maximum Annual Percentage Rate(APR):18% • Interest Rate:15% INTEREST CALCULATION EXAMPLE: If for instance initial MPESA loan amount is KES 1,000, And a Repayment period of 12 months, With the APR (Annual Percentage Rate) = 18% Interest will be calculated as follows;
Total Interest (1000*15/100) = KES 150 Sample Monthly Repayment (1000*1.18/12) = KES 95.83 Total repaid amount therefore (KES 1000 + 150) = 1150
INCREASE YOUR LIMITS EVERYTIME YOU CLEAR OUTSTANDING LOAN ON TIME.
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Each subscription will automatically renew 3 days before the expiration date for
the same time period. Subscriptions can be cancelled at any time before the renewal.