Karibu M-cash Loan

PRODUCT FEATURES
- Borrow upto KSh20,000
- Repayment period - 2 months
- Interest rate - 7.5% one off charge
- No Guarantors needed
- No paperwork
To qualify for the loan, one must be a member for a period not less than three months. The loan limits is subject to your deposits
HOW TO BORROW
- Dial *276*30#
- Select option 1: Karibu M-Cash Loan
- Under loan type: Mobile (Note: type the word mobile and not your mobile number digits)
- Number of instalments:1
- Enter Amount (Maximum amount is 20,000)
- Enter your pin (as set during self-activation)
PROCEDURE OF LOAN REPAYMENT
- Dial Go to your Mpesa Menu
- Go to Lipa na Mpesa
- Select Paybill
- Enter business number: 840300
- Account number: 30*Mobile (Note: type the word mobile and not your mobile number digits)
- Amount: Your outstanding loan amount.
- Enter your Mpesa Pin number and send
ADDITIONAL SERVICES
- Transfer Money to own or other M-Pesa
- Pay any Paybill (Including K.P.L.C, DSTV, ZUKU,Nairobi Water)
- Savings and Loan Balance enquiry
- Check guarantors/guarantee status
- Buy goods and services
To register download the form here(download here)
Download user guidelines form here(download Here)
Mobile Banking User Guidelines