PataKash

Description of PataKash

I would like to recommend you an application with large number of downloaders. 20,000+ users downloaded PataKash latest version on 9Apps for free every week! You'll found many people are using it. This hot app was released on 2019-09-12. For more mobile apps information, you can go to our official website - 9Apps.
Patakash is an app developed to allow our customers timely access to mobiloans.
How To Get Started :
• Download the Patakash app
• Fill out our quick loan application in the Patakash mobile app
• Verify your identity through our secure system
• Get cash sent directly to your M-Pesa in an instant
What are my loan terms?
• 91-day and 180-day loan options let you choose what’s right for you
• 91-day loan payment terms have a one-time fee of 1.25%*
• 180-day loan payment terms have a one-time fee of 1.75%*
• Grow with PataKash and build your limit up to KSh 60,000 by making payments on time
How do I repay my loan?
• Repay your loan with M-PESA Xpress or the phone number you sign up with
• You can pay in full or make partial payments, anytime on or before your due date
• Easy repayment schedule keeps you on track with your payments
Privacy and permissions: When you download PataKash, we will ask to scan your M-Pesa SMS and other information in order to verify your identity, creditworthiness, and provide you the fastest loan in Kenya. We take privacy very seriously and your personal information will never be shared without your direct permission.
Terms and Conditions: Patakash charges a one-time service fee of 2-3%* of principal. Repayment schedules may vary. There is no minimum payment period for repayment; customers may make payments towards their principal at any time following disbursement. The maximum repayment period for a PataKash loan is 91 or 180 days from disbursement. A one-time extension fee of 1.25% of principal and interest may be applied to loans past due. No other fees will be charged after this time. Additional terms and conditions apply.
*Effective APR: 75-85%. PataKash will never charge you more than the amount of your service fee (plus a one-time extension fee if you do not pay by the due date). Fees do not compound or accrue.
**Representative example: a KES 100.00 loan taken for 91 days may incur a service fee of 10%, for a total cost of KES 110.00 if repaid by the due date.