How to Apply for Utunzi Loan

How to Apply for Utunzi Loan
How to Apply for Utunzi Loan

How to Apply for Utunzi Loan

About Utunzi 

This is a micro-lender in Kenya which offers affordable and quick loans by means of an android mobile app. The Android mobile app is referred to as ‘Utunzi Loan App’. It functions as a platform that enables clients to apply for loans ranging from kshs. 500 to Kshs.100,000. Loan approvals depend on the borrower’s credit score calculated automatically by the app whereas also putting into consideration the information given in the sign-up questionnaire. When the loan is approved, the amount applied for is disbursed to the borrowers Mpesa account within minutes.

Their mission 

To build the safest and easiest way to get a loan.

The following is the procedure of acquiring the Utunzi loan application in your android mobile phone.

  1. Go to the google play store on your mobile phone
  2. Then download the utunzi application
  3. Install the application on your mobile phone
  4. Use your phone number and Identification number to sign up

The following is the procedure that an applicant will use when applying for Utunzi loans.

  1. Login into your utunzi app
  2. Then choose the ‘Apply for a loan’
  3. Enter the amount of money you wish to borrow
  4. Answer the questions you are required to answer     
  5. Attach a photo of your Identification Card
  6. An applicant can also add referees if needed to testify an applicant’s character
  7. Submit

If your application is approved, the loan amount applied for will be sent to you by the use of your MPESA number. This is in duration of a few minutes from the utunzi ventures. The duration of repaying the loans is at variance as per the amount loaned out or issued.