Aleza

Store description excerpt

Aleza Limited – Mobile Loans Aleza Limited is a Central Bank of Kenya licensed digital lending platform offering secure, transparent, and collateral-free mobile loans to individuals across Kenya. Apply in minutes and receive funds directly to your M-Pesa wallet upon approval — no paperwork required. Loan Features Loan Amount: KES 5,000 – KES 50,000 Repayment Period: 61 – 90 days Interest Rate: 0.6% – 0.90% per day Annual Percentage Rate (APR): 26.9% – 67.2% per annum Fees Processing Fee: 2% Insurance Fee: 2% Excise Duty: 20% (applied to applicable fees) Late Repayment Fee: 1% Disbursement: Funds sent directly to your M-Pesa wallet upon approval Transparency: All charges are clearly displayed before loan acceptance Representative Example Loan Amount: KES 5,000 Repayment Period: 61 days Interest Rate: 0.8% per day Cost Breakdown: Interest: KES 2,440 Processing Fee: KES 100 Insurance Fee: KES 100 Disbursement Charge: KES 9 Excise Duty: KES 41.80 Total Repayment Amount: KES 7,690.80 Repayment Plan: 2 instalments of KES 3,845.40 APR (Example): 44.5% APR varies between 26.9% and 67.2% depending on loan amount and repayment duration. Why Choose Aleza Simple and fast loan application No collateral required Higher loan limits with timely repayment Licensed and regulated by the Central Bank of Kenya Built for Kenyan borrowers Important Information Aleza Limited provides short-term loans for personal or business use. Before applying, ensure you understand: Interest rates and APR Applicable fees Repayment schedule Total cost of the loan Late repayment may result in additional charges and may affect your future borrowing eligibility. Borrow responsibly. Privacy & Data Use We collect and process your data to verify identity and assess creditworthiness. Your data may be shared with: Licensed credit reference bureaus Regulatory authorities, including the Central Bank of Kenya Fraud prevention agencies Debt collection partners (where permitted by law) Aleza Limited is registered with the Office of the Data Protection Commissioner. Privacy Policy: https://aleza.co.ke/privacy Licensed & Regulated Aleza Limited is licensed by the Central Bank of Kenya and operates in compliance with applicable financial regulations, ensuring a secure and transparent lending experience.

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AppRill has captured 40 reviews for this app. This is a collected sample, separate from the store rating count. Latest review capture: 2026-09-18.

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