Request Loan in Kenya

FairKash loan app is a convenient cash advance service accessible through a mobile application, aimed at providing swift access to funds as needed. With FairKash, borrowers can secure up to Ksh 60,000 swiftly, eliminating the long waiting periods typical of traditional loan approval processes. This platform boasts competitive interest rates and adaptable repayment plans, ensuring borrowers can repay their loans promptly and efficiently.

How to Download FairKash Loan App

To download the FairKash Loan App, follow these simple steps:

  1. Open your smartphone’s app store:
    • For Android users, open the Google Play Store.
    • For iPhone users, open the Apple App Store.
  2. In the search bar, type “FairKash” and press Enter.
  3. Locate the FairKash Loan App among the search results.
  4. Tap on the FairKash app icon to open its download page.
  5. Click on the “Download” or “Install” button.
  6. Wait for the app to download and install on your device. This may take a few moments depending on your internet connection speed.
  7. Once the installation is complete, open the FairKash app from your device’s home screen.
  8. Follow any prompts to complete the setup process, including registration if required.
  9. Once the setup is complete, you can start using the FairKash Loan App to access quick cash advances whenever needed.

FairKash Benefits

The FairKash loan app caters primarily to individuals requiring short-term financial assistance, particularly for emergency expenses or immediate bill payments. It serves those in need of a cash advance with attractive interest rates and adaptable repayment schedules.

Eligibility for the app extends to Kenyan citizens aged 20 and above, possessing an active M-Pesa account, and valid identification.

FairKash Loan Requirements

To qualify for FairKash, applicants must meet specific eligibility requirements. These include being aged 20 or above, possessing an active M-Pesa account, owning a smartphone, and having a valid identification document. Additionally, a good credit score and a stable source of income are also necessary.

FairKash Interest Rates

FairKash Loan App facilitates quick and hassle-free access to loans with competitive interest rates and fees. According to the app, borrowers can request loans ranging from KES 3,000 to KES 60,000, with repayment terms spanning from 91 days to 365 days.

Depending on the loan amount, users may be subject to a one-time service fee of up to 8%, while interest rates can vary between 3% and 18%. The minimum Annual Percentage Rate (APR) is stated as 20.1%, while the maximum APR reaches 80.2%. Additionally, the app suggests that users can potentially increase their borrowing limit to KSh 60,000 through timely repayments, although this claim is subject to verification.

How to Repay my FairKash Loan

To pay your FairKash loan conveniently and avoid additional charges, consider making early payments to potentially increase your borrowing limit. Follow these simple steps to pay your FairKash loan via M-Pesa:

  1. Go to the M-Pesa Menu on your phone.
  2. Select “Lipa na M-Pesa”.
  3. Choose the “Paybill” option.
  4. Enter the FairKash Business Number – 4074255.
  5. Input your Safaricom M-Pesa Number as the Account Number.
  6. Enter the amount you wish to repay.
  7. Enter your M-Pesa PIN.
  8. Confirm the transaction by pressing “Send”.

By following these steps, you can efficiently repay your FairKash loan using M-Pesa, ensuring timely payments and potentially increasing your borrowing limit.

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