In today’s fast-paced world, access to quick loans can be a lifesaver. The AirPesa Loan App is one of Kenya’s leading digital lending platforms, offering fast, secure, and hassle-free loans directly from your smartphone. Whether you need emergency funds, business capital, or personal financing, AirPesa provides a seamless borrowing experience with minimal paperwork.
This comprehensive guide covers everything you need to know about the AirPesa App, including features, loan terms, eligibility, application steps, and security measures.
What is AirPesa Loan App?
AirPesa is a legally registered loan app in Kenya, designed to provide quick and convenient loans with minimal requirements. The app allows users to apply for loans ranging from KSH 10,000 to KSH 150,000 (or even up to KSH 800,000, according to some sources) with flexible repayment terms 212.
Key Features
✅ Fast Approval & Disbursement – Get funds in minutes after approval.
✅ No Collateral Required – Unsecured loans with just an ID.
✅ Flexible Repayment Terms – Repay between 91 to 200 days.
✅ First-Time Interest-Free Offer – New users enjoy a 0% interest rate on their first loan.
✅ Secure & Encrypted Transactions – Protects user data with advanced security measures.
AirPesa Loan Terms & Interest Rates
| Loan Feature | Details |
|---|---|
| Loan Amount | KSH 10,000 – 150,000 (up to 800,000 KSH in some cases) 212 |
| Interest Rate | 10% – 15% per annum (first loan is interest-free) |
| APR (Annual Percentage Rate) | 36% – 72% (varies by loan term) |
| Repayment Period | 91 – 200 days (flexible monthly installments available) |
| Service Fee | 0% (no hidden charges) |
Example Loan Calculation
If you borrow KSH 25,000 for 180 days at 72% APR:
- Total Interest: KSH 9,000
- Total Repayment: KSH 34,000
- Monthly Installment: KSH 5,666 (if repaid monthly) 12
How to Apply for a Loan on AirPesa App
Applying for a loan on AirPesa is simple:
- Download the App – Available on Google Play Store (APK) and iOS 2.
- Register an Account – Provide your phone number and national ID.
- Fill in Personal Details – Employment status, income, and bank details.
- Choose Loan Amount & Term – Select based on your repayment capacity.
- Submit & Wait for Approval – Funds are disbursed directly to your bank account.
Eligibility Requirements
To qualify for an AirPesa loan, you must:
✔ Be a Kenyan citizen (or resident).
✔ Be 18+ years old (some sources say 20+) 212.
✔ Have a stable income source (employed or self-employed).
✔ Provide a valid ID & bank account.
✔ Have no outstanding bad debts.
Is AirPesa Loan App Safe & Legit?
Yes! AirPesa complies with Kenyan financial regulations and uses advanced encryption to protect user data. The app requires verification before accessing accounts, ensuring security.
Pros & Cons
✔ Pros:
- Quick loan approval & disbursement.
- No paperwork or collateral needed.
- First-time borrowers get interest-free loans.
❌ Cons:
- High APR (up to 72%) for long-term loans.
- Strict eligibility (requires stable income).
AirPesa Customer Support & Contact
📧 Email: [email protected]
🏢 Address: Radisson Blu Hotel, Nairobi Upper Hill, Elgon Rd, Nairobi, Kenya
Final Verdict: Should You Use AirPesa Loan App?
AirPesa is a reliable loan app for Kenyans needing fast cash without lengthy bank processes. While the interest rates can be high for long-term loans, the first-time interest-free offer makes it a great option for new borrowers.
Download AirPesa Loan App today and experience hassle-free loans in minutes!
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