Getting an instant salary loan via mobile phone through the MCo-op Cash App from the Co-operative Bank of Kenya is just awesome, coupled with convenience and affordability.
With MCo-op Cash App, you can apply for up to a maximum of 200,000 shillings of 1.5 times your net salary.
For example, if your net salary is 10,000 shillings, you can apply for a maximum of 1.5 x 10,000 shillings which gives you a cool 15,000 shillings.
The loan can be repaid in 1 month or 3 months depending on what period suits you.
For example, if you take a loan of 15,000 shillings, you can repay the full 15,000 shillings after one month, or pay 5,000 shillings per month for 3 months.
To qualify, all you have to do is:
- Dial *667# or use the MCo-opCash app
- Register for MCo-op Cash (free of charge)
- Link your salary account at the nearest branch
- Apply for a loan
The money will be deposited into your MCo-opCash account INSTANTLY! There is no waiting. As soon as you apply, you get the cash. You can withdraw the money at any Co-op ATM or agent.
What is more, there are no approvals from your employer or guarantors required. Just you and your mobile phone! Chukua mkopo my friend. Why suffer?