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