Tuesday, February 5, 2019

How to Apply and Repay Zenka Mobile Loan using Mpesa

How to Apply and Repay Zenka Mobile Loan using Mpesa
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Zenka Mobile Loan is the latest mobile loan application in Kenya.  It is operated by Pata Mkopo Company LTD and has 100,000+ downloads on Google Play Store.

Zenka's loan limit is Ksh. 20,000 and their repayment period is 30 days. They charge a commission fee of 11%.

Below is a detailed procedure on how to apply for loan via Zenka Mobile loan application.

1. Download Zenka Mobile Loan application on google play store.
2. Select your preferred loan amount and term.
3. Select "Get Loan".
4. Once you get your offer details, click "Get Loan".
5. You will receive your loan via Mpesa.

How to Register Zenka Mobile Loan

1. Download the Zenka Mobile loan application on Google Play Store.
2. Enter your preferred loan amount and terms on the sliders.
3. Select "Apply for Loan".
4. Click on the sign up option to register.
5. Key in your first and last name followed by your ID number.
6. Select a security question of your choice and answer.
7. Enter your preferred 4 digit PIN number.
8. After going through the "terms and condition", click on "agree and sign up".
9. You will receive a short message with your 4 digit verification code.

How to repay your Zenka Mobile loan

1. Open Zenka Mobile Loan application.
2. Select "repay" option.
3. Select the default repayment amount.
4. Click on the "repay now" option and follow the payment link.

How to repay your Zenka Mobile Loan via Mpesa.

1. On your cellphone go to sim toolkit and click on the Mpesa menu option.
2. Choose "Lipa na Mpesa".
3. Choose Pay Bill.
4. Enter business number 979988.
5. On the account number option enter your phone number.
6. Enter the amount you wish to repay.
7. Key in your Mpesa PIN number and click OK.
8. You will receive a confirmation message

NB: You can also register for Zenka using *483*101# USSD code

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