What we Know about Lendi Pesa.

[Update : 29.07.2021]

There is not enough information about Lendi Pesa apart from it being a digital lender. The app does not even make it to the top 100 reliable apps in Kenya.  We know many applicants on the platform do not qualify for any of their loans despite paying their registration fees.

The Lendi Pesa platform seems to be inactive, and the communication response is scattered. Kashy advises due diligence before using these services.

How much is the exact cost of a loan from Lendi Pesa & representative example?

Remember that Lendi Pesa charges a registration fee of Ksh.300. If you successfully borrow, for example, Ksh. 1000, with the loan term being 91days, and the Interest rate at  18%, the total Interest should be 1000 Ksh * 18% = 180 Ksh.

*calculation is indicative and may vary with different loan amounts and periods.*

Where can you download the Lendi Pesa loan app?

The Lendi Pesa loan app can be downloaded from the Google play store.

LendiPesa has no direct website for APK downloads neither is there a USSD option on the Lendi Pesa loan app.

The LendiPesa app is also unavailable on Apple Stores.

How can you get a loan from Lendi Pesa?

An internet dive on Lendi Pesa amounts, periods and interest gave us these numbers.

Amounts you can borrow: Min KSh 5,000 – Max KSh 150,000

Period terms for their loans: Min 92 days.- Max 180 days.

Interest rates from: 10% – 32% APR.

Now that you have seen the numbers and are still determined to take a risk? Follow these steps for a complete registration on the Lendi Pesa app. You need, 

  • To be at least 18 years old,
  • Have valid national ID,
  • Be a  registered Safaricom/Mpesa subscriber.

With all the necessary requirements proceed to , 

  • Download the app,
  • Fill in the required details and allow access to your phone data.
  • Pay the registration fee of around Ksh.270- Ksh.300. to Lendi. ( It will appear as Fredi Technologies on the transaction. )
  • Check your loan limit and apply for the amount you need.

Disbursement and Repayments at Lendi Pesa.

When you borrow from Lendi Pesa, your payment should reflect within 24 hrs.

Unsure of the amount to borrow? Use the loan calculator to check the rates and repayment on the app before you commit to borrowing. Please note that the Ksh.300 registration fee is non-refundable and does not guarantee you can get a Lendi Pesa loan.

You can pay for your Lendi Pesa loans using the in-app payment option.

What are the penalties for late repayment of a loan at Lendi Pesa?

If you default in repaying your loan with Lendi Pesa, you will get a bad credit history, CRB listing and inability to access other loans.

Offers, Promotions and Rewards from Fuliza.

We could not find any promotions or rewards on the Lendi Pesa app.

Is my information with LenidIi Pesa safe & secure?

Lendi Pesa uses your information to determine your eligibility to get personal loans.  Simply by using the data on your phone, including your SMS history to verify your identity and create a credit score.

As it says on their privacy policy, they encrypt the data you choose to share with them to protect your privacy, and it’s not shared with third parties.

Contacts for Lendi Pesa.

You can try to reach Lendi via Facebook @LendiPesa Twitter @lendiPesa.

Alternatively, try to call-254706675039.

To get assistance in regard to the Lendi Pesa services, try their email – [email protected]. When all else fails and the above channels of communications have failed. Email this person: [email protected]

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The new GetBucks app aggregates your data to show you a seamless overview of your financial landscape.
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