PrimeKopa

PrimeKopa MOBILE LENDING SERVICE

To enhance your access to credit, we have introduced PrimeKopa, our mobile lending service on PrimeMobi.
PrimeKopa is designed to provide you access easy access to finance anytime at a click of a button.
PrimeKopa guarantees you instant mobile loans of up to KShs. 150,000 with flexible repayment periods of up to 90 days.

Features

Borrowing amounts

  • From KShs. 5,000 to KShs. 150,000

Term

  • 30, 60 and 90 days.

Pricing applicable on amount of loan granted

  • Processing fee - 5%
  • Interest rate - 11% per annum
  • Insurance - 0.5%
  • Excise duty - 20% of processing fee

Services

  • Check loan amount eligible
  • Request loan
  • Instant loan disbursement
  • Flexible payment terms (partial payment allowed)
  • Gradual increase in loan amount eligible based on demonstrated prompt loan repayment
  • Check loan balance
  • Check loan statement

Eligibility

  • Active account with Prime Bank for at least 3 months

HOW TO APPLY FOR A PRIMEKOPA LOAN

  • Go to Play Store (Android) or App Store (iOS) and update PrimeMobi.
  • Login to PrimeMobi app.
  • Click on PrimeKopa on the home screen.
  • Check loan amount you are eligible for.
  • Request for a loan.