Mobile Banking has become part of Kenya due to its convenience. This is why the Co-operative Bank of Kenya (Coop Bank) has decided to make it even more convenient to their customers by introducing the Coop Mobile Loan service.
Unlike other competitors in the financial service field, Co-op bank does not charge a facilitation fee on mobile loans as their loans remain at 1.16 percent per month.
Any customer with a Co-op salary account, whether they have ever taken a branch or MCo-op cash salary advance or not is able to have access to the mobile loans. Some other advantages of going for Coop mobile loans include:
You can also get a business loan that is available to any business customer with a running Co-op business loan, whether it’s a micro loan, business loan, asset finance, doesn’t matter.
There is no reason why you would not go for Co-op Bank’s business loan since: