Fairkash is a reliable platform that provides personal loans through a simple and streamlined process. In this article, we will explore the features, application process, and benefits of using the Fairkash loan app.
Accessing Personal Loans with Fairkash
Fairkash offers a user-friendly mobile app that allows you to access personal loans in just a few steps. Let’s take a closer look at the process:
Install Fairkash App: Start by installing the Fairkash app on your mobile device. It is available for download on both Android and iOS platforms.
Registration: Register on the app using your M-Pesa number. This step ensures that your loan application process is linked to your M-Pesa account, enabling seamless transactions.
Identity Verification: Fairkash prioritizes the security of your personal information. To complete the identity verification process, follow the three simple steps outlined in the app. This verification process helps maintain the integrity of the platform and ensures a secure borrowing experience.
Loan Repayment: Repaying your loan is made easy with Fairkash. You can conveniently repay your loan using M-Pesa through their Paybill number 4074255. Simply provide your registered phone number and the loan amount you applied for. Fairkash offers the flexibility to make full or partial payments before the due date, giving you control over your repayment schedule.
Transparent Charges: Fairkash is committed to transparency, and there are no hidden charges associated with their loans. You can be confident that the fees and interest rates are clearly communicated upfront, allowing you to make informed borrowing decisions.
Why Choose Fairkash?
Fairkash offers several key benefits that make it an attractive option for personal loans. Let’s explore these advantages:
No Hidden Charges: Fairkash operates with full transparency, ensuring that there are no hidden charges or unexpected fees. You can borrow with confidence, knowing exactly what you will owe and when.
Flexible Loan Amounts: With Fairkash, you can borrow amounts ranging from KES 2,000 to KES 50,000. This flexibility allows you to tailor the loan amount to your specific financial needs, whether it’s for urgent expenses or personal investments.
Customizable Payment Tenure: Fairkash understands that everyone’s financial situation is different. Therefore, they provide the option to choose your payment tenure. This flexibility allows you to select a repayment period that aligns with your financial capabilities, ensuring comfortable and timely repayments.
Secure, Reliable, and Flexible: Fairkash prioritizes the security and reliability of their platform. You can trust that your personal and financial information is protected. Additionally, the app offers a user-friendly interface that ensures a seamless borrowing experience. Fairkash aims to provide a flexible solution that caters to your individual needs.
Credit Decision and 24/7 Availability: Fairkash provides a credit decision promptly, allowing you to access the funds you need without unnecessary delays. Moreover, their services are available 24 hours a day, 7 days a week. This accessibility ensures that you can apply for a loan whenever it is convenient for you.
Loan Offer Details
Fairkash sets specific criteria for loan eligibility and provides transparent information regarding loan terms. Here are the key details of the loan offer:
Age Requirement: You must be between 20 and 60 years old to be eligible for a loan with Fairkash.
Kenya Citizenship: Fairkash serves Kenyan citizens, ensuring that their services are tailored to the local market.
Loan Amount: You can borrow anywhere between KES 2,000 and KES 50,000, allowing you to choose an amount that suits your financial needs.
Loan Term: Fairkash offers loan terms ranging from 91 days to 365 days. This flexibility allows you to select a repayment period that aligns with your financial situation and ensures comfortable repayment installments.
Annual Interest Rate: The annual interest rate provided by Fairkash ranges from 16% to 21%. The specific interest rate applied to your loan will depend on factors such as the loan amount and repayment tenure you choose.
To help you understand the cost structure of Fairkash loans, let’s consider an example:
Suppose you borrow KES 1,000 from Fairkash with a loan term of 180 days. With an interest fee as low as 7.8%, the interest charged would amount to KES 78. Therefore, the total repayment amount would be KES 1,000 + KES 78, totaling KES 1,078.
By offering affordable interest rates and transparent fees, Fairkash ensures that borrowers can access loans without experiencing excessive financial burden.
Contact Fairkash
Fairkash values customer feedback and aims to provide excellent customer support. If you have any questions, concerns, or feedback, you can reach out to them through the following channels:
Email: For inquiries or support, you can send an email to [email protected]. Fairkash’s dedicated support team will respond to your queries promptly.
WhatsApp: Alternatively, you can message Fairkash on WhatsApp using the number 254743736277. This provides a convenient way to reach out and get assistance with any issues you may encounter.
Address: Fairkash’s physical address is located at Muthangari Dr, Nairobi, Kenya. While most interactions with Fairkash can be done digitally, their physical address is provided for reference.
Conclusion
When financial needs arise unexpectedly, Fairkash stands as a reliable platform to provide personal loans conveniently and efficiently.
With a simple registration process, transparent loan terms, customizable repayment options, and a commitment to customer satisfaction, Fairkash ensures that borrowers in Kenya can access the funds they need without unnecessary hassle or delay. Download the Fairkash app today and experience a secure and flexible way to fulfill your financial requirements.
