Kamoa: your credit marketplace 1.50.0

Meeting the financial demands of daily life can be challenging. Kamoa's goal is to offer Kenyans access to affordable loan options from various lenders. The mission is to establish a trustworthy relationship between borrowers and lenders, enabling Kenyans to achieve their financial aspirations.

The Kamoa mobile app is a free, data-driven platform revolutionizing how Kenyans discover suitable financial products tailored to their requirements. Employing real data, we provide lenders with a precise and unbiased view of your current financial situation, from education expenses to business investments and all types of personal loans.

Kamoa is a credit marketplace, not a lender. Our objective is to assist you in finding the most suitable loan through our platform, making the credit scoring process transparent so you can manage your creditworthiness effectively.

Opting for any Kamoa offers and consistently honoring repayments will enhance your Kamoa TrustScore. A higher score leads to enhanced and more cost-effective loan propositions in the future. Our innovative scoring mechanism keeps you informed about your standing even when you are not actively seeking a loan.

Key Features:

• Control over your financial data.
• Kamoa utilizes shared data to develop your personal TrustScore.
• The more data you provide, the greater the trust built and the more advantageous offers unlocked.
• Accessible and cost-effective loans from diverse lenders.

Registering with us is fast, free, and simple, with an age requirement of 18 or above. Please note that we are a credit marketplace, not a lender.

Terms:

• Credit limits range from Ksh 500 to Ksh 4000.
• Maximum Annual Percentage Rate (APR): 292%.
• Repayment periods vary from 9 weeks to 24 weeks.
• No additional fees are associated with the loans.

Representative example:
If borrowing Ksh 2000 over 12 weeks at a fixed APR of 292%, twelve weekly repayments of Ksh 233.35 each would be made. The total repayment would amount to Ksh 2800.21 with a total cost of credit at Ksh 800.21.

If you require assistance or wish to offer feedback or pose queries, please contact us at [email protected].