Kasente-Instant mobile loan 1.2.6

Kasente is a mobile lending application serving individuals and businesses in Uganda with emergency loan solutions. The platform boasts a user-friendly interface that simplifies the borrowing process. Utilizing our app can enable users to access larger loan amounts to support business growth or address emergencies.

1. Loan Product Features:
   • Loan Limit: UGX 30,000 - UGX 1,000,000
   • Loan Term: Minimum 91 days - 365 days
   • Loan Interest: 0.5% - 2% daily
   • Loan Charges: 5%
   • APR: 25% - 250%
   • Repayment Method: Daily, weekly, or monthly installments based on your preference
   Example: For a loan amount of UGX 200,000 over 120 days with a 5% service fee and 33% interest, the total repayment amount would be UGX 266,000. Monthly installments would be UGX 66,500.

1. Eligibility for Loan Application:
   • Ages between 22 - 55
   • Valid National ID required
   • Stable source of income from employment or business
2. Documents Required for Loan Application:
   • Valid National ID card
   • Mobile money account registered under your name with MTN or Airtel Money
   • Completion of KYC forms and application forms
   • Agreement to terms and conditions along with privacy policy in the app
   • Evidence such as salary slips or bank statements to enhance creditworthiness
How to Apply: Download and install the app on your device Authorize data permissions Register using your MTN or Airtel phone number Complete the KYC form with your information Submit your loan application and agree to the terms If approved, funds will be transferred directly to your mobile money wallet; otherwise, recheck information provided before reapplying Data Security Measures:To assess creditworthiness, Kasente may require personal details such as full legal names, NIN, address, income information, and data from your device. Users have the option to authorize this data collection. All data is securely stored and processed using various methods like HTTPS encryption, firewall protection, and access controls. To ensure you have access to the latest features, keep the app updated on your device. Date & Privacy:Kasente prioritizes user privacy by employing robust security measures akin to those used by banks. Customer Service and Complaints:Operating hours are from 8 a.m. to 5 p.m. on weekdays (excluding public holidays). For inquiries, contact [email protected]; for complaints, reach out to [email protected]. Office Location:Ntinda, Kampala, Uganda.