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]

OKash vs other mobile lenders

Mobile Loan Apps in Kenya (payday loans via app or ussd)
Loan amount KES
Term days
Loan cost:
0.00KES
RRSO:
0%
Total loan cost:
2000.00KES
Możliwy zakres pożyczki

kwota:

od 500.00

do 20000.00

okres:

do 1 dnia

do 30dni

18969
Osób wybrało tę ofertę
Choose this offer
1
Loan amount
From KES500.00 to KES20000.00
FIRST LOAN FOR FREE (0% COMMISSION, 0% INTEREST, NO REGISTRATION FEE)
Loan term
From 1 days to 30 days
Available via USSD
Yes
*841#
Extensions
Yes
Loan extensions are a feature that gives you more control over your loan by letting you postpone your due date by 7, 14 or 30 days.
More information
Downloading and using Zenka loan application is straightforward and it takes less than three minutes to sign up and apply for a loan. Upon approval, money is sent directly to your phone via Mpesa. Additionally, Zenka Finance provides a fast, reliable and convenient way to access a loan whenever you need it. What makes Zenka loans ideal for any Kenyan is that the loans do not need any collateral, they get approved fast, and an individual can access higher loan amounts at a low fee.
Loan cost:
220.00KES
RRSO:
513%
Total loan cost:
2220.00KES
Możliwy zakres pożyczki

kwota:

od 2000.00

do 30000.00

okres:

do 21 dni

do 30dni

7621
Osób wybrało tę ofertę
Choose this offer
2
Loan amount
From KES2000.00 to KES30000.00
Loans up to KSh 30,000.
Loan term
From 21 days to 30 days
Fees from 5-15%.
Available via USSD
No
Extensions
No
More information
Tala is a lending company that was initially called ‘Mkopo Rahisi.’ It has been operating in Kenya since 2014. The company has an android application where registered users can access instant loans using their smartphones without any need for collateral.
Loan cost:
260.00KES
RRSO:
737%
Total loan cost:
2260.00KES
Możliwy zakres pożyczki

kwota:

od 500.00

do 10000.00

okres:

do 2 dni

do 30dni

6114
Osób wybrało tę ofertę
Choose this offer
3
Loan amount
From KES500.00 to KES10000.00
Loan term
From 2 days to 30 days
Available via USSD
No
Extensions
No
More information
Okolea Loans are digital loans deployed via an android app called "Okolea" which is readily available on Google Play Store.
Loan cost:
336.00KES
RRSO:
1387%
Total loan cost:
2336.00KES
Możliwy zakres pożyczki

kwota:

od 2000.00

do 10000.00

okres:

do 14 dni

do 14dni

4245
Osób wybrało tę ofertę
Choose this offer
4
Loan amount
From KES2000.00 to KES10000.00
Loan term
From 14 days to 14 days
Available via USSD
No
Extensions
No
More information
Looking for Quick loans cheza cash in Kenya? OPesa offers the fast and affordable loans to you. No paperwork, collateral or office visits needed. You just need to install the APP, fill the questions, and make the application. The money will be credited to your M-Pesa account in a few minutes. Easy to get Cash here.
Loan cost:
600.00KES
RRSO:
9460%
Total loan cost:
2600.00KES
Możliwy zakres pożyczki

kwota:

od 500.00

do 10000.00

okres:

do 21 dni

do 30dni

3679
Osób wybrało tę ofertę
Choose this offer
5
Loan amount
From KES500.00 to KES10000.00
Loan term
From 21 days to 30 days
Available via USSD
No
Extensions
No
More information
The new GetBucks app aggregates your data to show you a seamless overview of your financial landscape.
Loan cost:
700.00KES
RRSO:
18322%
Total loan cost:
2700.00KES
Możliwy zakres pożyczki

kwota:

od 500.00

do 50000.00

okres:

do 1 dnia

do 30dni

4059
Osób wybrało tę ofertę
Choose this offer
6
Loan amount
From KES500.00 to KES50000.00
Loan term
From 1 days to 30 days
Available via USSD
No
Extensions
No
More information
Berry, Kenya’s newest mobile money lending App, credits you with low cost loans with flexible repayment schedules. Get the cash simply and swiftly straight to your mobile wallet.

Check out other mobile lending companies

New Loan apps in Kenya 2022

| Companies, Daily Tips, Financial Guide, Loans, Mobile Loans | No Comments
New Loan apps in Kenya 2022 The digital money space is getting fuller by the day with mobile lenders cropping up every other day. Startups…

Mombasa Port Sacco Information and Reviews

| Companies, Financial Guide, Loans | No Comments
Sacco Information And Reviews. Mombasa Port Sacco has partnered with Family Bank, CIC group, Sidian Bank and even Citi group. Relatively, they are a considerable…

Tower Sacco Information and Reviews

| Companies, Financial Guide, Loans | No Comments
Sacco Information And Reviews. 170,000 members, 23 Branches. What says secure and reliable Sacco than such numbers? Tower Sacco has been in operations for 47…

Help us change for the better!
We need your vote to improve further and provide you with the best possible and free loan comparison site in Kenya!

1 Star2 Stars3 Stars4 Stars5 Stars (14 votes, average: 3.29 out of 5)
Loading...