New loan apps are taking shape in the kenyan lending market – one of these apps is Hela Cash Loan App. It stands out as a convenient and reliable mobile lending platform in Kenya. Owned and operated by Fezotech Ltd, this app has quickly gained popularity among Kenyans seeking fast, unsecured loans without the hassle of paperwork.
Whether you’re dealing with an emergency, need cash for business, or simply looking to stay afloat before your next paycheck, Hela Cash can be a helpful solution. Here’s everything you need to know:
What is Hela Cash Loan App?
Hela Cash is a mobile loan application in Kenya developed by Fezotech Ltd. It provides quick and affordable digital loans directly to your M-PESA wallet. The app is available on Google Play Store and caters to both salaried and self-employed individuals who need short-term financial support.
With minimal requirements and a user-friendly interface, Hela Cash aims to bridge the financial gap for Kenyans by offering accessible credit options.
Loan Limits and Interest Rates
Hela Cash offers flexible loan amounts and interest rates designed to suit a wide range of financial needs:
- Loan Limits: From KES 500 to KES 100,000
- Interest Rates: 12% to 36% APR (Annual Percentage Rate) depending on creditworthiness and repayment history.
- Repayment Period: Minimum of 90 days, offering borrowers a more relaxed repayment schedule compared to many competitors.
This longer-term repayment option makes Hela Cash suitable for both emergency needs and more substantial short-term projects.
Who Can Apply for Loans on Hela Cash?
The Hela Cash loan app is open to all Kenyan residents who meet basic eligibility criteria. You can apply for a loan if you are:
- A Kenyan citizen with a valid national ID.
- Aged 18 years and above.
- A registered M-PESA user with a consistent transaction history.
- Have a smartphone with access to the Google Play Store.
How to Apply for Loans on Hela Cash
Getting a loan through Hela Cash is a straightforward process. Follow these steps:
- Download the Hela Cash App from the Google Play Store.
- Register an Account using your mobile number.
- Fill Out Your Profile with your personal and financial details.
- Request a Loan by selecting your preferred amount and repayment duration.
- Receive Money directly into your M-PESA account once approved.
Loan approval is fast and often takes just a few minutes, depending on your credit profile.
Requirements to Apply for Hela Cash Loans
To increase your chances of approval, ensure you meet the following requirements:
- Valid Kenyan National ID
- Registered Safaricom line with active M-PESA
- Android smartphone
- Accurate personal information (such as employment or business details)
- Positive mobile loan repayment history (if any)
How to Repay Hela Cash Loans
Repaying your Hela Cash loan is easy and can be done via M-PESA using the provided Paybill number.
Follow these steps to repay:
- Go to your M-PESA menu.
- Select Lipa na M-PESA > Paybill.
- Enter the Paybill Number: 4093963.
- For the Account Number, enter your mobile phone number used for registration.
- Enter the amount to repay and your M-PESA PIN.
- Confirm the transaction.
Always repay your loan on time to maintain a good credit score and unlock higher loan limits.
Tips: How to Increase Your Loan Limits
Want to borrow more in the future? Here are some practical tips to help you increase your Hela Cash loan limit:
- Repay your loans on time or early.
- Ensure accurate and complete profile information.
- Transact frequently on M-PESA to build a strong transaction history.
- Avoid defaulting on loans from other digital lenders.
- Refer the app to friends (if referral bonuses or incentives are offered).
- Use the app regularly, even if for small loans at first.
Consistency and reliability are key to growing your creditworthiness with Hela Cash.
Customer Care Support
For any inquiries, issues, or feedback, you can reach out to Hela Cash’s customer support through the following:
Phone Number: +254 711 082598
The support team is available during business hours to assist with loan application issues, repayments, or account-related concerns.
Conclusion
Hela Cash by Fezotech Ltd is a helpful tool for Kenyans in need of quick financial support with flexible loan terms. With loan amounts ranging from KES 500 to KES 100,000 and a reasonable repayment period starting from 90 days, it caters to a wide variety of financial needs.
Just remember to borrow responsibly and always read the terms and conditions before taking a loan.