KWFT M-pesa Loan

KWFT M-pesa loan is Kenya’s premier microfinance bank, designed exclusively for the empowerment and financial inclusion of women. As a leading microfinance institution in Kenya, KWFT is committed to providing tailored financial solutions that cater to the unique needs of women across Kenya.

With their innovative banking app, they bring banking closer to you, fostering financial independence, growth, and prosperity.

Read on as we take you on a journey toward financial empowerment through exploring limitless possibilities with KWFT.

How to Get a KWFT M-pesa Loan

First, note that the specific steps and requirements may vary depending on the type of loan you want to get from KWFT.

They offer different types of loans which have different requirements, steps and procedures. Always ask for the documents needed for the type of loan you wish to apply for.

KWFT M-pesa offers different types of loans which include:

The KWFT biashara loans
The KWFT SME loans
The asset financing loans
KWFT emergency loans
KWFT water, sanitation & hygiene loans
KWFT kilimo bora loans
KWFT clean and renewable energy loans
KWFT nyumba smart loan
KWFT phone loan
KWFT salary loan
KWFT consumer loan
KWFT education loan

To apply for a loan with KWFT microfinance bank, you need to go to the KWFT online application site, download the form, fill the form with the correct information and submit it with other required documents at any KWFT offices close to you.

KWFT M-pesa Loan Requirements for Application

To get the know, you need to get some documents ready and also be eligible for the loan. You will need:

Original/copy of national ID Card
Passport photo
Three months of certified payslips
You need to be a KWFT customer in either a group or individually (This is only for those seeking a KWFT phone loan). You may be asked to bring other documents when applying for a different kind of loan.

KWFT Mpesa USSD Code

To apply for a KWFT M-pesa loan using a USSD code, you can dial *692# and follow the prompt. This is also the mobile banking USSD code.

KWFT M-pesa Interest Rate

The interest rate differs depending on the type of loan you are applying for. To get the accurate loan amount, use their online calculator.

KWFT Loans App

The KWFT mobile banking service is the most convenient way to do your banking on your phone without having to visit the branch. You can download the mobile app on the Google Play store to access the bank’s mobile loans and other services.

The features include:

There is a feature for cash deposits from your m-pesa wallet to your KWFT account
Option for loan request and payment
You will also see the cash withdrawal option from your KWFT account to your M-pesa & Airtel money account
There’s a feature for balance enquiry
Another feature for money transfers between KWFT accounts
You can get the customer service numbers from the app.

How to Repay Kwft Mpesa Loans

To deposit money from your M-pesa to your KWFT account to repay your loan, you need to follow this step:

Locate your phone’s menu and go to Safaricom
Choose the m-pesa menu and then lipa na M-pesa
Enter 101200 as the business number
Type in your KWFT account number
Input the amount you want to repay and your M-pesa pin
Then, you will receive a confirmation message saying that you have successfully repaid your loan.

Conclusion

In conclusion, taking a loan from KWFT M-pesa provides a convenient and accessible financial solution for women who are in need of funds.

The review process in this article is designed to evaluate eligibility and ensure that women can access the funds they require. The loan platform is legit and one of the best women’s banks in Kenya.

Also, it’s essential for women who wish to borrow from this platform, to approach this opportunity responsibly, understand the terms and conditions associated with each type of loan, and make timely repayments.

KWFT M-Pesa offers a valuable resource for financial support, helping women in Kenya meet their diverse financial needs efficiently and effectively.