Chapaa Loan is a free Android app that provides loan services to non-bank customers with advanced digital technologies. The app offers loans ranging from Ksh 2,500 to Ksh 50,000, with a loan tenure of 90 days to 365 days and an APR of a minimum of 24% to a maximum of 50%. For example, if you borrow Ksh 5000 for 90 days with an APR minimum of 24%, you will get Ksh 5000 and should repay Ksh 5, + 382) after 90 days. The loan application process is simple and straightforward. Just install the app, create an account, choose the loan amount, fill in your basic information, and submit. Once approved, you will receive the cash straight into your M-Pesa account.

Chapaa Loan requires authorization to access your mobile information to verify your identity and evaluate your credit eligibility. However, your data is protected by the highest security standards, and the company is committed to protecting your privacy. To be eligible for the loan, you must be a Kenyan resident, aged 18 or older, and have an M-Pesa account.