iPesa is a mobile lending app that makes it easy for people in Kenya to access a loan, anytime, anywhere. One has to Complete application in seconds and receive loan straight into M-PESA account. iPesa is like a bank in your pocket, there for you at all times.
Currently ipesa can lend loan sizes range from Ksh 2000 to Ksh 10,000. If one repays loan as scheduled, the amount that you can borrow will increase.
How to download iPesa app and register
ipesa lending platform can be accessed through Google Play. To Open GooglPlay and search for “iPesa” APP, then download and start to sign-up with your phone number.
You can also click on this link to download directly
iPesa Eligibility criteria
Requirements are simple
- Safaricom phone number, N
- National ID and
- Answering few questions.
- Access to the data on your phone.
How to repay iPesa loan via M-PESA paybill
iPesa paybill number is 192010. To make a repayment with M-PESA, follow these steps:
- Navigate to MPesa in your Safaricom menu on your phone
- Select Lipa na M-PESA
- Choose the Paybill option
- Enter the Paybill number 192010
- For account number, enter your MPesa number on which you received your iPesa loan
- Enter your repayment amount
- Enter your M-PESA pin
- Confirm that all details are correct and press “OK”.
ipesa late repayment and crb
Late loan repayments automatically incur a fee of 2% per day. It is therefore advised that one does not exceed the due date.
Repay the loan by its due date allows you to access larger loan sizes. Late repayments will affect your ability to get subsequent or larger loans.
If one is very late on loan payments, ipesa report to the Credit Reference Bureau (CRB). Blacklisting by the CRB may affect ability to borrow from other lenders.
iPesa loan app Contacts
In case of any question one can contact iPesa through 05488888888 or emal them through [email protected]