Beta Pesa 1.1.8

Beta Pesa provides a streamlined and secure platform for obtaining online cash loans. This service is exclusively available to individuals aged 18 and above.

Applicants can initiate a loan through Beta Pesa by verifying their identity and submitting basic personal information. Approved funds are disbursed directly to the user's M-PESA account, facilitating quick access to necessary financial resources.

Beta Pesa Credit Features include:

• Efficient Online Processing: The entire application process is designed to be user-friendly, eliminating complex procedures through an intuitive mobile interface.
• Fast Approval Times: Loans of up to KES 50,000 can be approved swiftly through a rapid verification process, minimizing delays.
• M-PESA Direct Transfers: Approved loans are transferred directly to the borrower's M-PESA account, ensuring immediate fund availability.
• Flexible Repayment Options: Borrowers may select repayment periods ranging from 91 to 360 days, accommodating various financial circumstances.
• Competitive Interest Rates: The service offers a maximum annual interest rate of 24%, providing affordable borrowing terms.

For illustration, consider a loan of KES 5,000 over 120 days at an interest rate of 18%:

• Total interest payable: KES 5,000 × (18% / 365) × 120 ≈ KES 296
• Total repayment amount: KES 5,000 + KES 296 = KES 5,296
• Breakdown: Principal of KES 5,000 plus interest of KES 296

Reasons to consider Beta Pesa include:

• Availability 24/7: The platform supports round-the-clock access for loan applications at any time and from any location.
• User-Friendly Design: The application interface emphasizes simplicity and ease of navigation.
• Diversified Loan Options: A range of loan products are available to meet personal, business, or emergency financial needs.
• Dedicated Customer Support: A responsive support team is available to assist users throughout their borrowing experience.

Eligibility criteria consist of being a Kenyan resident between the ages of 18 and 60 years, possessing a valid identity card, and maintaining an active M-PESA account.

Privacy and data security are prioritized. Beta Pesa utilizes your phone data—such as approximate location and device ID—to verify your identity and assess creditworthiness. All shared information is encrypted to safeguard your privacy, and data transmission occurs over secure HTTPS connections. Your personal information will never be shared with third parties without your explicit consent.

Download the Beta Pesa mobile application to gain control over your financial future.

Contact details include:

• Phone: +254 727634165
• Email: [email protected]
• Working hours: 09:00 - 17:00 on weekdays

Further information on privacy policies can be found at: https://www.betapesa.com/asset/betapesa_Privacy_new.html