Kasente Loan App - Loan Shark Review
Interest Rate 35%
Duration 14
Access Level Public
Company Name Okane Financial
Phone 1
Phone 2
Website or Store
Address Ntinda, Kampala, Uganda
Category Mild Loan
Company Email complaints@kasente.ug.
Views 70

Kasente Loan App – Quick Loans for Your Business and Personal Needs

Kasente is a fast and reliable mobile lending app that offers emergency loans for individuals and businesses in Uganda. Whether you’re facing a financial emergency or need funds to grow your business, Kasente is here to help you access loans with ease. By using the Kasente app, you can also increase your loan limit over time to access larger loans when needed.

App Details

  • Developer: Okane Financial
  • Updated: March 2, 2024
  • Size: 26.51 MB
  • Version: 1.1.2
  • Requirements: Android 5.0 and above
  • Downloads: 100,000+
  • Available On: Google Play

What’s New

  • Latest update for improved performance and bug fixes.

Why Choose Kasente Loan App?

In the vibrant business environment of Uganda, having quick access to financial support can make all the difference. Whether you need funds for a business emergency or to expand your enterprise, the Kasente Loan App makes it easier than ever to get the financial help you need.

Kasente Loan Features

  • Loan Limit: From UGX 30,000 to UGX 1,000,000
  • Loan Term: Flexible terms from 91 days to 365 days
  • Interest Rate: Competitive daily rates from 0.5% to 2%
  • Service Fee: Fixed at 5%
  • APR (Annual Percentage Rate): Ranges from 25% to 250%
  • Repayment Methods: Choose from daily, weekly, or monthly payments based on your convenience

Example:
If you borrow UGX 200,000 for 120 days with a 5% service fee and 33% interest, the total repayment amount would be UGX 266,000. If you choose monthly installments, you'd repay UGX 66,500 each month.

Who Can Apply for a Loan?

  • Age: 22 to 55 years old
  • Requirements:
    • Valid National ID for verification
    • Stable source of income (employment or business ownership)

How to Apply for a Loan

  1. Download & Install: Get the Kasente app from Google Play
  2. Authorization: Grant necessary data permissions
  3. Registration: Sign up using your MTN or Airtel phone number
  4. Application: Fill in required details and submit your loan application
  5. Approval: Once approved, receive funds directly in your mobile money wallet

Data Security

At Kasente, your data security is our priority. We utilize advanced security measures such as HTTPS encryption, firewalls, and access controls to keep your information safe. You control the data permissions and can manage your personal details with transparency.

Customer Support & Contact Information

  • Operating Hours: Monday to Friday, 8 a.m. to 5 p.m. (excluding public holidays)
  • Inquiries: help@kasente.ug
  • Complaints: complaints@kasente.ug
  • Office Location: Ntinda, Kampala, Uganda

Conclusion

Kasente Loan App is the perfect solution for individuals and businesses in Uganda who need quick and reliable financial assistance. With transparent loan terms, a simple application process, and robust data security, Kasente makes managing your finances easier. Download the Kasente app today to access fast loans and unlock new financial opportunities!


Expert Counsel

Expert Advice on Using Kasente Loan App – Tips for Safe Borrowing

While loan apps can seem like a quick fix for urgent cash needs, it's important to be aware of the potential risks. Here are 10 essential tips to ensure a safe and responsible experience when using online loan apps like Kasente:

1. Download Only from Official Sources

Always download the Kasente Loan app from official platforms like Google Play. Avoid third-party websites, as these may expose you to cybersecurity risks, including misuse of your personal information.

2. Be Prepared for Communication Regarding Payments

Kasente understands that situations arise, but if you're late on a payment, be prepared for reminders. If you’re facing any difficulty, it's essential to reach out to our customer support team before the situation escalates.

3. Understand the Repayment Terms

Kasente offers flexible repayment terms from 91 days to 365 days. Make sure you review these terms and only borrow what you can comfortably repay within the given time frame to avoid financial strain.

4. Know the Interest and Fees

Kasente offers competitive interest rates from 0.5% to 2% daily, with a fixed service fee of 5%. Always consider these rates and fees when borrowing and ensure that you can manage the repayment without excessive strain.

5. Protect Your Reputation

Kasente takes your privacy seriously. We will never misuse your contacts or tarnish your reputation. However, if you experience any issues with the app, reach out to our customer support immediately for assistance.

6. Avoid Borrowing from Multiple Sources

If you're facing financial challenges, borrowing from multiple loan apps can worsen the situation. It's always best to manage your debt by seeking financial advice and staying within your repayment capacity.

7. Use Call Screening Apps for Peace of Mind

If you experience excessive calls or messages from any service, including Kasente, you can use call-blocking apps like Truecaller to screen and manage these communications effectively.

8. Break the Cycle of Borrowing

If you find yourself in a cycle of borrowing, it may be time to reconsider your borrowing habits. Reducing unnecessary borrowing can help you regain control over your finances.

9. Block and Report Harassment

If you ever face any form of harassment, either through WhatsApp or any other communication channel, we encourage you to block the sender and report them. Kasente aims to ensure that your borrowing experience is smooth and respectful.

10. Choose Safe Financial Alternatives

While Kasente is designed to be a helpful solution for financial needs, always weigh your options. Explore other financial alternatives if they offer better security and stability for your specific situation.

By following these tips and using the Kasente Loan App responsibly, you can manage your financial needs safely and avoid potential pitfalls. Kasente is committed to providing transparent, accessible, and secure financial support—so you can focus on your goals, whether it's for personal use or business growth.




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