Zenka Loan App - Kenya was a finance app developed by Zenka Finance. It was removed from Google Play Jun 22, 2021 and is no longer available for download.
Download Statistics
Zenka Loan App - Kenya had been downloaded 2.2 million times before it became unavailable.
User Ratings
Zenka Loan App - Kenya was rated 4.04 out of 5 stars, based on 55 thousand ratings.
App Information
Zenka Loan App - Kenya was free to download. The APK download size was 12.40 MB. The last available version was 2.1.2. The last update was on March 15, 2021.
Technical Requirements
Zenka Loan App - Kenya required Android 4.4+ or higher. The app had a content rating of Everyone. The app had been available on Google Play December 2018.
Description
Zenka is one of the most flexible personal loan platform on the market, giving Kenyans more control over their finances with its unique features. We offer a simple registration and application process. After positive approval decision, you will receive your loan straight to your M-Pesa account.
Money on your account even in just 5 minutes!
What are my loan terms?
Customers can apply for a first loan of fixed term 61 days.
- 61-day loan payment terms have a one-time processing fee of 9-30% (risk-based pricing) - Processing Fee: Range from KSh 45 - KSh 870 for a one-time charge. - Loan Amount: from KSh 500 to KSh 30,000. - Minimum period for repayment: 61 days - Maximum period for repayment: 180 days - Minimum Annual Percentage Rate: 70.7% - Maximum Annual Percentage Rate: 224.89% - Grow with Zenka and build your limit up to KSh 30,000 by making your loan repayments on time
Representative example for a first loan for 61 days: Annual Percentage Rate (APR) is 179,51%, total loan amount KSh 1,000; the processing fee: KSh 300, total amount repayable Ksh 1,300; total cost of the loan KSh 300; loan agreement concluded for 61 days. The granting of the loan depends on the assessment of credit risk. Customers have the option due to the extension to repay their loan amounts even up to 12 months (ZenkaFlexi option).
Have questions? Visit www.zenka.co.ke to check out our FAQs Ready to get started? Download the Zenka app and apply for a loan today.
Privacy and permissions: When you download Zenka, we will ask to scan your M-Pesa SMS and other information in order to verify your identity, creditworthiness, and provide you with one of the fastest loan in Kenya. We take privacy very seriously, and your personal information will never be shared without your direct permission.
How does it work?
1. Download Zenka App Visit the Google Play Store. Search for Zenka Loan App and download it on your mobile.
2. Fill the short application form After downloading our app, choose how much money you need and sign up with Zenka.
3. Receive money on your M-Pesa account Your application will be evaluated, and when it is approved, you will receive money on your M-Pesa account.
4. Need additional financing? Make use of our flexible additional amount feature that allows you to top up your existing loan with extra cash, up to your current credit limit.
5. Need more time to repay? Loan extensions give you more control over your loan by letting you postpone your due date by 7, 14 or 30 days.
6. Repay on time and build a positive credit history Timely repayment increases your credit limit and allows you to apply for higher amounts in the future.
What's so special about us? Additional amount and extensions do the job!
- Considering additional financing? Don't miss on great opportunities and top up your existing loan with just a few clicks! - Need more time to repay? Get control over the unexpected by extending your due date. Enjoy the flexibility we offer. - Achieve financial harmony! Realize your ideas and needs with our instant personal loans.
The lender and the data controller of your data is Zenka Finance Limited with its registered seat in Nairobi. All information concerning the personal data processing including in particular the purposes of processing your data, categories of recipients of personal data and your rights you can find in our Privacy Policy.
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★★★★★
A good and a reliable financial app, keep it up
★★★★★
This is the best app ever, i recommend it to all my friends who would like to borrow money to start or improve their businesses.
★★★★★
EDIT: You have dropped the interest from 35% to 18%. I feel so happy with my loan limit. Not sure if this offer is special to me or everyone. But it feels nice having it. BIG THANKS. ===================================== You've raised the interest rates from 30% to 35%. Unfortunately, I can't borrow higher given that I have a limit of 10,000/=. I hope M-shwari and Branch will accept me back soon 😭😭😭
★★★★★
The most amazing app loan...you people should use zenka
★★☆☆☆
They keep telling me that they have sent a confirmation message via text and i havent received anything,i have tried like 20times and nothing.
★★☆☆☆
Very useless App. Was given kes 500 as my 1st loan and repaid before their due date, now it's over 5 months, they keep telling me that am not eligible for another loan. They don't care, time wasting App.
★★☆☆☆
Quick disbursement, looking forward to grow step by step with Zenka(taking every step with Zenka) Thanks.
★★☆☆☆
This is one of the worst loaning apps, I repaid their Ksh5560 loan earlier hoping for another loan. Do you know what they did?, The app tells up to date tgat, "We're sorry, but you are not eligible for a loan at the moment". Very dissapointing indeed
Technologies used by Zenka Loan App - Kenya
Zenka Loan App - Kenya is requesting 17 permissions and is using 18 libraries.
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