Below is a simple guide on how to apply for LionCash loan. LionCash is a new mobile loan app in Kenya that gives small loans to borrowers who want to cover their financial needs.
The mobile loan app is a product of Grola Tech Limited and has more than 10,000 downloads on Google Play Store with a rating of 3.7.
LionCash loan app offers a minimum loan amount of Ksh. 2,000 with the maximum being Ksh. 70,000. Their shortest tenor is 91 days and longest 365 days.
The interest rate of LionCash loan is 16% APR and service fee 0.
LionCash Loan Requirements
- Loan applicants should be between age 20 to 60 years old.
- Citizen of Kenya
- Kenyan ID holder
LionCash Loan App Registration Process
- Go to Google Play Store on your smartphone.
- Search for LionCash loan app.
- Install the app.
- Allow LionCash loan app to make and manage phone calls, access the location of your smartphone and also contacts.
- Click on the register now button.
- Enter your M-Pesa phone number.
- Click on “code”. It will be sent to your phone in less than 5 seconds. Key it in.
- Set your password.
- You will be taken to another screen where your loan limit will be displayed.
- Choose your loan term and click on the authorization button.
Fill in the details below:
- Full names
- National ID
- Date of Birth (birthday date)
Fill in your real contact person(s) below:
- Phone Number
- State your relationship with the contact person(s).
- Allow LionCash loan app to access your M-Pesa statement and you will be good to go.
How to Apply For LionCash Loan
- Enter loan amount within your limit.
- Select loan term and submit the information.
- Once your LionCash loan application goes through, the money will be sent to your M-Pesa account.
How to Repay LionCash Loan
- Go to M-Pesa menu on your phone.
- Choose Lipa na M-Pesa.
- Choose pay bill.
- On the business number section, enter LionCash pay bill number 309517.
- On the account number section, enter your phone number.
- Enter your due loan amount.
- Enter M-Pesa PIN.
- Confirm if all the details you’ve entered are correct and submit the information.
- You will receive a confirmation message from M-Pesa and LionCash loan app.
LionCash Loan App Contacts
- WhatsApp Number : +254 793302922
- Email: email@example.com