In Kenya, where Smartphones penetration rates are high, mobile lending apps have bridged this gap by leveraging technology to offer convenient and accessible financial services to the unbanked and underbanked populations. Lendplus Loan App, in particular, has capitalized on this opportunity to provide Kenyans with a seamless borrowing experience. The app offer loans from Kes 1000 up to Kes 40,000 at low interest rates of 2.2% daily and longer repayment period up to 61 days.
Lendplus Loan App Unique Features
Lendplus Loan App distinguishes itself through its array of features designed to meet the diverse needs of borrowers:
1. Easy Application Process:
The app boasts a straightforward application process, allowing users to apply for loans with just a few taps on their smartphones. Borrowers are required to provide basic personal information and authorize access to their mobile money accounts for credit assessment.
2. Fast Approval:
One of the key advantages of Lendplus Loan App is its quick approval process. Unlike traditional banks, which may take days or even weeks to process loan applications, Lendplus employs advanced algorithms to assess borrowers' creditworthiness swiftly, often providing instant approval.
3. Flexible Repayment Options:
Recognizing the importance of flexibility in loan repayment, Lendplus offers a range of repayment options tailored to suit borrowers' financial circumstances. Whether it's weekly, bi-weekly, or monthly installments, borrowers can choose a repayment schedule that aligns with their cash flow.
4. Competitive Interest Rates:
While convenience and speed are crucial, affordability remains paramount. Lendplus strives to offer competitive interest rates, making borrowing more accessible and sustainable for its users.
5. Credit Building Opportunities:
For many individuals, accessing credit is just the first step towards financial empowerment. Lendplus recognizes this and provides responsible lending practices that not only grant access to funds but also help borrowers build their credit profiles over time.
Is Lendplus Loan App Legitimate
While mobile lending apps like Lendplus have made significant strides in expanding financial inclusion, there is an influx of Fake Loan Apps in the lending market. For this reason online borrowers must first verify if they are dealing with Genuine or Fake app. But for the case of Lendplus this is a genuine loan app as it's reviews and comments on Google playstore shows. However this app is yet to be Approved by CBK. The mother company for this app Aventus Technology Ltd is not in the list of CBK approved Digital Credit Providers.
My Personal Experience with Lendplus Loan App
I once download this app and applied but I was denied the loans. For reasons of insufficient information. I did provided all the information required but still got no loan. On my side I think this loan app looks mainly for Mpesa transaction messages.
How To Apply For Lendplus Loans
Having any financial pressing issue , you can try Lendplus Loan App.
Download Lendplus app from Google playstore
Register using your personal details including phone number and ID card number and create an account.
You will be provided with a login PIN and loan limit
Login into your account and check your limit provided
Request for a loan within the limit provided.
If approved the loan will be deposited directly into your mpesa account.
How To Contact Lendplus Loan App Customer Care
Incase of any challenges, contact Lendplus Loan App Customer service through:
Call +254 709029000
Whatsapp+254 113255953
Email:customer@lendplus.ke
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