Tala Loan is an Android application of the leading financial company in Kenya. It allows users to apply for and obtain loans within minutes. There is no need to do paperwork or go to the bank.
Restrictions
The financial services are provided to the adult residents of Kenya only. The verification requires you to enter a local mobile number as well. Therefore, if you live in Tanzania, try downloading another app from the same company Tala Tanzania.
Applying for a loan
The application provides digital financial tools to help you borrow, save and raise money regardless of your credit history. You can apply for a credit by answering a few simple questions. It will take several minutes to submit a request without the need to go anywhere.
It is possible to study terms, conditions and interest rates before applying for a loan. Then you can confirm the desired amount and select your target repayment date. You will get your cash instantly. It will be sent directly to your M-Pesa.
M-Pesa Xpress or the Paybill number may be used in order to repay. You can pay in full or make partial payments on or before your due date. After repaying, it is possible to receive the funds again. You will have to answer a few short questions for this purpose.
Features
- allows to apply for a loan in Kenya;
- it is possible to make repayments via M-Pesa;
- offers one of the fastest limit growth;
- app is free to download and use;
- compatible with current Android versions.
