SongaCash

SongaCash provides mobile lending services to clients in Kenya who require financial assistance for business growth or other monetary needs.

Loan Eligibility:

1. Must be a resident of Kenya.
2. Age 18 and above.

How to Apply for a Cash/Personal Loan:

1. Download the application.
2. Provide your details and check eligibility.
3. Enter the loan amount and choose the term.

Loan Products:

• Loan Amount: KES 1,500 - KES 50,000.
• Loan Tenure: 91 days - 365 days.

Key Features:

1. Maximum Loan Amount: KES 50,000.
2. Annual Percentage Rate (APR): 20% - 36%.

Example of Cash/Personal Loan Calculation:

• Loan Amount: Kes 50,000.
• Term: 12 months.
• APR: 22%.
• Total Interest: KES 50,000 x 22% = Kes 11,000.
• Total Amount Payable: KES 50,000 + (KES 50,000 x 22%) = Kes 61,000

If you seek further information or encounter challenges during the application process, please contact us at:

Contact Us:
Email: [email protected]
Customer Care: 0730731002
Address: Isiolo, Kenya