What is Sulu Cash Loan App
Sulu Cash is a mobile loan app in Kenya that provides fast, convenient, and paperless loans directly to your M-Pesa account. Designed for individuals who need urgent cash for emergencies, business needs, or personal expenses, Sulu Cash offers flexible loan amounts from KES 1,000 up to KES 50,000 with repayment periods ranging from 91 days to 180 days.
The app is available for download on the Google Play Store and allows you to apply, receive, and repay your loan fully online without visiting any office.
Features of Sulu Cash Loan App
- Loan Range: KES 1,000 – KES 50,000
- Flexible Repayment Period: 91 to 180 days
- Interest Rates (APR): 15% – 35% per annum
- No Collateral: Only your phone, national ID, and mobile number are required
- Quick Processing: Loan approval within minutes for eligible borrowers
- Direct M-Pesa Disbursement: Funds are sent straight to your M-Pesa wallet
- Secure Platform: Uses encryption and verification for safe transactions
- 24/7 Accessibility: Apply any time, anywhere in Kenya
How to Apply for a Loan on Sulu Cash
- Download the App: Get Sulu Cash from the Google Play Store.
- Register an Account: Sign up with your mobile number and create a password.
- Provide Details: Fill in your personal and employment information.
- Loan Request: Choose the loan amount and repayment duration.
- Submit & Wait: The app will process your request and notify you of approval.
- Receive Funds: Approved loans are sent instantly to your M-Pesa account.
How to Repay Your Sulu Cash Loan
- Repayments are made directly through the Sulu Cash app.
- The app will guide you on the payment method, usually via M-Pesa Paybill or in-app payment channels.
- Always repay on or before the due date to avoid late payment fees and improve your credit limit for future loans.
Customer Support
For assistance, reach out to Sulu Cash via:
📞 +254 020 7905198
📞 +254 742 259809
Frequently Asked Questions (FAQ)
1. How much can I borrow from Sulu Cash?
You can borrow between KES 1,000 and KES 50,000, depending on your creditworthiness.
2. What is the repayment period?
Loans have flexible repayment terms between 91 days and 180 days.
3. How much interest does Sulu Cash charge?
Interest rates range from 15% to 35% APR depending on your loan amount and repayment period.
4. Do I need collateral to get a loan?
No. Sulu Cash does not require any physical collateral—only your phone, ID, and active M-Pesa account.
5. How long does approval take?
Approval is usually within minutes after submitting your loan application.
6. What happens if I miss a repayment?
Late repayments may attract penalty fees and lower your credit score, making it harder to borrow in the future.