New loan apps are entering the lending market almost everyday. One of the latest entrants in this growing fintech space is PawaKash Loan App, a digital lending platform that is quickly gaining popularity for its affordability, ease of use, and transparency.
What is PawaKash?
PawaKash is a newly launched mobile loan application in Kenya offering quick online loans of up to KES 50,000 directly to your mobile phone. Unlike some loan apps that impose high interest rates and short repayment periods, PawaKash sets itself apart with low interest rates and flexible repayment terms.
This service is operated by Sokohela Limited, a fintech company that is licensed and approved by the Central Bank of Kenya (CBK), making it a legit and trustworthy digital lender.
Key Features of PawaKash Loan App
✅ Loan Limits
- Borrow from as little as KES 1,000 up to KES 50,000
- Loan limit increases with a good repayment history
✅ Interest Rate
- Maximum APR of 24% per year – one of the lowest in the digital lending space
- Transparent fee structure with no hidden charges
✅ Repayment Period
- Minimum repayment term of 90 days
- Flexible repayment options to suit your cash flow
✅ User-Friendly Interface
- Easy-to-navigate mobile app available on Google Play Store
- Quick registration and loan application process
Is PawaKash Legit?
Yes, PawaKash is a legitimate loan app. It is managed by Sokohela Limited, a registered fintech company that is licensed and regulated by the Central Bank of Kenya (CBK). This ensures that the platform operates within legal and ethical lending standards.
Borrowers are assured of fair treatment, data privacy, and clear loan terms as stipulated by the CBK guidelines.
How to Apply for a PawaKash Loan
Applying for a loan on PawaKash is straightforward and entirely online. Here’s a step-by-step guide:
- Download the PawaKash App
- Search for “PawaKash“ on the Google Play Store
- Download and install the app on your Android phone
- Register Your Account
- Sign up using your personal details (ID number, phone number, etc.)
- Ensure the details are accurate to avoid verification issues
- Apply for a Loan
- Select the amount and preferred repayment period
- Submit your application and wait for approval
- Receive Your Funds
- Once approved, the money is disbursed directly to your M-Pesa account
- Repay on Time
- Use the app to repay your loan on or before the due date to build your credit score and unlock higher loan amounts
Why Choose PawaKash?
- Regulated and transparent – Operated by a CBK-approved fintech
- Low APR compared to other digital lenders
- Flexible repayment starting from 90 days
- Fast disbursement and easy mobile access
- Improved credit limit with timely repayments
Customer Support
If you need help or have any queries, PawaKash provides reliable customer support:
- Phone: 0793 059 320
- Email: kashpawa069@gmail.com
Reach out for assistance on loan application, repayment issues, or app-related inquiries.
Final Thoughts
PawaKash Loan App is a promising and reliable option for Kenyans looking for fast, affordable mobile loans with fair terms. With its CBK approval, competitive interest rates, and user-friendly platform, PawaKash stands out in a crowded market of digital lenders.
Whether you need emergency cash or a quick boost for your small business, PawaKash offers a safe and convenient solution. Just remember to borrow responsibly and always repay on time.
Have you tried PawaKash? Share your experience in the comments below or get the app today from the Google playstore.