LOOP just dropped a new way to get quick cash when you need it most, the LOOP Quick 30-Day Loan. It’s simple, fast, and made for everyday Kenyans who need a little help to cover short-term expenses.
What’s the Deal?
If you’re a registered LOOP customer with a credit limit and no overdue loans, you can borrow between KES 2,000 and KES 100,000. The money lands in your LOOP wallet instantly. Need to pay a bill, handle an emergency, or grab a quick opportunity? This loan’s got your back.
Why?
– Super Fast: Get your cash in seconds through the LOOP App.
– Flexible: You can add more to your loan (up to your limit) within the first 20 days.
–Clear Costs: There’s a 7% facility fee upfront. If you don’t pay back by day 31, a 7% roll-over fee applies to what’s left. Plus, a 20% excise duty on both fees.
– No Fuss: Apply in a few taps—no paperwork, no stress.
LOOP’s CEO, Eric Muriuki, put it best:
“This loan is about giving you control. Life moves fast, and sometimes you need a quick boost. With the LOOP Quick Loan, help is just a few taps away.”
How to Get It
1. Open the LOOP App.
2. Check your credit limit.
3. Agree to the terms.
4. Boom—cash in your wallet!
Why It Matters
LOOP is all about making life easier with smart, digital solutions. This loan isn’t just money, it’s a way to stay on top of your game, whether you’re paying school fees, fixing a car, or starting a side hustle.
Ready to Try It?
If you’re on LOOP, open the app and check it out. The Quick 30-Day Loan is here to help you keep moving without missing a beat. For more info, hit up the LOOP App or their website.
