Little Pesa Loan App, developed by Little Pesa Limited, is a newly approved loan app by the Central Bank of Kenya (CBK) to provide loans to Kenyan citizens. The app offers loans ranging from Kes 5000 up to Kes 100,000 at low interest rates, accompanied by extended repayment periods spanning from 3 to 6 months.
Additionally, Little Pesa App is not limited to Kenya but is also accessible in other countries such as Tanzania, Uganda, Congo, among others.
How to Download Little Pesa Loan App
To download the Little Pesa Loan App, follow these steps:
- Open App Store or Google Play Store: Launch the app store on your smartphone or tablet.
- Search for “Little Pesa”: Use the search bar within the app store to look for the Little Pesa Loan App.
- Select the Little Pesa App: Once you find the app in the search results, tap on it to access its download page.
- Download the App: Tap on the “Download” or “Install” button to begin downloading the Little Pesa Loan App to your device.
- Wait for Installation: Allow the app to download and install on your device. The time this takes can vary depending on your internet connection speed.
- Open the App: Once the Little Pesa Loan App is successfully installed, you can open it directly from the app store or find its icon on your device’s home screen.
- Register or Log In: Follow the on-screen instructions to either register for a new account or log in if you already have an existing account.
- Complete Setup: After logging in, you may need to complete any necessary setup steps or provide additional information to start using the app effectively.
- Explore the App: Once your account is set up, you can start exploring the features of the Little Pesa Loan App and apply for loans as needed.
By following these steps, you can easily download and start using the Little Pesa Loan App on your device to access loans conveniently.
Little Pesa Loan Interest rates
Little Pesa offers loans ranging from Ksh 5000 up to a maximum of Ksh 100,000, disbursed instantly to the borrower’s M-Pesa account. The lender imposes an interest rate capped at a maximum Annual Percentage Rate (APR) of 106% per year.
How to Pay Little Pesa Loan
The repayment period for Little Pesa loans extends up to a maximum of 62 days. When the loan repayment date approaches, borrowers can conveniently make payments using either of the following methods:
- Via USSD code: Dial 48393# to access the repayment menu and follow the prompts to complete the repayment process.
- Via M-Pesa Paybill:
- Go to your M-Pesa menu.
- Select “Lipa na M-Pesa”.
- Choose “Paybill”.
- Enter the Little Pesa Paybill number: 755141.
- Use your mobile phone number as the account number.
- Enter the loan amount to repay.
- Input your M-Pesa PIN.
- Confirm the details and submit the payment.
By following these steps, borrowers can easily repay their Little Pesa loans using either the USSD code or the M-Pesa Paybill number provided.
How to Apply for Little Pesa Loan
To apply for a loan with Little Pesa, follow these steps:
- Download Little Pesa App: Visit the Google Play Store for Android users or the App Store for iOS users. Search for “Little Pesa” and download the app to your smartphone.
- Register/Login: Open the Little Pesa app and either register for a new account or log in if you already have an existing account.
- Fill in Personal Details: Provide the required personal information, including your name, phone number, and email address.
- Verify Identity: Follow the prompts to verify your identity. This may involve providing additional details or documents, such as your ID or passport number.
- Apply for Loan: Once your account is verified, navigate to the loan application section within the app.
- Enter Loan Details: Input the desired loan amount and choose your preferred repayment period. Little Pesa typically offers loans ranging from Ksh 5000 to Ksh 100,000 with a repayment period of up to 62 days.
- Submit Application: Review the loan terms and conditions carefully, then submit your loan application.
- Wait for Approval: Little Pesa will process your loan application. If approved, the loan amount will be disbursed directly to your M-Pesa account.
- Repay Loan: Ensure to repay the loan within the agreed-upon timeframe to avoid penalties or additional charges. You can repay the loan using the provided USSD code or M-Pesa Paybill number.
By following these steps, you can easily apply for a loan with Little Pesa using their mobile app.
Little Pesa ContactsÂ
You can reach Little Pesa customer care through the following contact details:
Little Pesa Mobile Phone Numbers:
- 0746510778
- 0746510781
- 0710490126
Little Pesa Email Address:
- info@littlepesa.com
Feel free to contact them via phone or email for any inquiries, assistance, or support related to their services.