Timiza loan will give you loan without collateral or paper work in kenyan, it loan disbursement is very fast and you don’t need to visit any bank, with just your phone, you will obtain the loan.
What is Timiza loan app
Timiza loan app is a loan product of Absa bank. It is a finance app where you can obtain loan without guarantor or collateral. With this loan app you can obtain up to ks150,000
Requirement to obtain Timiza loan app
Below are the requirement you need to meet, before you can obtain loan from Timiza
You must be a Kenyan and reside in kenya
Have good credit score on CRB
You must have a M-pesa account
Have a smart phone to download the app
How to apply for Timiza loan
The first step is to head over to play store and download the app
Register with your name and other details
Once you are done with your registration you will be login automatically
On your dashboard locate and click on loan
There you will see amount of loan you are eligible for
Click the loan and wait for disbursement
If everything is right your Timiza app will be credited
You can then withdraw to M-pesa
How to apply for Timiza loan with USSD code
Another way to apply for Timiza loan is through used code, it is also fast and you don’t need any registration
Dial the code *848# on your phone
.It will prompt you to input your Timiza code, do so and proceed
It will take you to page with many options
Select loan and follow the prompt
How much you can loan from Timiza
With Timiza you can obtain up to Kes 150,000 without collateral or paper work. If you have a low credit score you will not be able to obtain up to this amount.
Timiza loan interest rate and repayment period
Timiza interest rate is between 5% to 25% depending on the amount of loan obtain. The repayment period is 3 days.
Repaying your Timiza loan
To pay back your loan you will have to login to your M-pesa app and transfer to Timiza app, then from the app you can now pay back.
Is Timiza app loan legit
Yes, they are legit they have positive review on play store and good rating. Also many people are using the app to obtain loan.
Conclusion
Though Timiza loan give out instant loan to people in Kenyan, I will advice you to take loan you can pay back to avoid had I know
Do you like this article?
Feel free to share it
