Fanaka 1.0

Fanaka is a new application that enters the financial market aiming to provide convenient access to loans for various activities.

WHY CHOOSE Fanaka?

• Address quick emergencies.
• Handle unexpected additional expenses.
• Access additional funds to expand your business.
• Obtain rapid emergency loans for personal needs.
• Manage bill payments efficiently through our streamlined app interface.

Fanaka app distinguishes itself with:

• Reliable and practical loan amounts.
• Affordable interest rates.
• User-friendly repayment periods.

LOAN PRODUCTS:

• Loan Tenure: Ranges from 91 days to 365 days.
• Loan Amount: Available from Kes.2,000 to Kes.50,000.
• The maximum Annual Percentage Rate (APR) provided is 26%.
• Annual Interest Rate stands at 14%.
• Monthly Interest Rate is set at 1.6%.

EXAMPLE:

Consider a loan of KES 4,000 to be repaid within 90 days:

• Annual Interest Rate = 14%
• Total Interest = KES 4000 * 14% * (3/12) = KES 140
• Total Amount to be repaid = KES 4140

ASSURANCE:

We prioritize the confidentiality of your information and assure you that we do not disclose it to third parties without your consent, ensuring that your data remains secure at all times.

DISCLAIMER:

We strictly adhere to Google's policies, particularly those related to protecting users from deceptive or harmful financial products and safeguarding user data from unauthorized sharing with third parties.

CONTACT US:

We value your feedback and inquiries. Kindly reach out to us via private message within our application to share your thoughts with us!