M-kopa Solar Company now offers Cash loans to Kenyans! This is what I am going to briefly talk about as follows:
M-Kopa now approved by CBK in Kenya to offer online loans in Kenya.
M-kopa is an asset financing platform that allows its customers to access life-enhancing products products such as solar panel ,TVs,Fridges,phones etc and make payments in installments.
M-kopa is now giving Cash loans to its loyal customers.
M-kopa Cash Loans
Mkopa Cash loans also known as Solapesa is a financial service available at mkopa that allows customers to get quick cash upon completion of payment for their first product. The loan is just added as a top up on the previous loan. The customer can choose to take another product or take cash. The amount and interest rates depends on the previous loan, the higher the previous loan, the higher the next loan.
M-kopa Cash Loan Limits
Depending on individual credit limits but m-kopa Cash Loan Limits is between Kes 5000 to Kes 15,000
How Do I Qualify for Solapesa loan
To qualify for mkopa phone loan ,one must have:
Active Mpesa account
Proper identification documents ie ID card
Make a deposit.
How To Repay Mkopa Cash loans
This is how to repay M-kopa loan: The Paybill number for m-kopa loans payments is 333222.
Through this Paybill one is able the daily /weekly or monthly instalments via their phone.
M-kopa Kenya USSD code
M-kopa USSD code is *685#
For those with feature phones they can still access m-kopa services via this USSD code.
How To Use the code to check Account balances :
Dial *685#
Select Account Balances
Account balances will appear on your screen.
You can check your Account balances also by sending an SMS " Balance" to 22201.
Products At M-kopa Kenya
M-kopa has got several products as follows:
Phones
Frdge
Radios
Light bulbs
TVs
Jikokoa
Solar panels
Which Phones are Available on M-Kopa loans
Mkopa phones include:
Samsung, Nokia and Tecno phones.
How To contacts M-kopa Cash loans Kenya
If you have any issues with m-kopa solar _you can contact them through:
+254 707 333 222
WhatsApp +254 799136761
SMS: 22201
Email: customerservice@m-kopa.com
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