L-Pesa services are known for reaching out to anyone who wants to experience financial freedom. To experience the best that L-Pesa has to offer, you need to try out its core services. That is, get yourself a microloan on your mobile phone. The application process is straightforward, and you can expect to get results within seconds. The first thing that you need to do is make sure that you have registered for L-Pesa services. Upon registration, you will be able to apply for a loan.
For example, you may want to apply for a loan worth $40. When you apply for this loan, one of two things may happen. The first is that the system automatically and immediately approves your application for the microloan. If this occurs, you will receive your loan within 5 seconds, straight into your M-Pesa wallet. The second scenario is that your loan for $40 is not approved, and no money is sent to your account. Before you panic, there are options that you can explore. One of the main issues that could affect loan approval is in the amount that you want to borrow. Rather than giving up on the application process, try and get a loan for a lower amount. You can apply for lower amounts in $5 or $10 differences, such as, applying for a loan worth $35 or $30 to get approval. You can continue reducing the amount be $5 or $10 until you get an approval.
Once you get an approval, increase the amount that you can borrow over time by making sure that your payments are also timely. If they are, then you improve on your credit score, and the amount that you can borrow goes up and most important, we approve you automatically and you will receive your cash loan in 5 second direct to your mobile wallet.
If you have not received your approval yet, and you do not want to reduce the amount that you apply for, then you can request for an approval. Should you choose to do this, it will take no less than 72 hours to get the approval and receive the loan in your e-wallet. L-Pesa will help you get ahead, as and when you need to. Enjoy having financial freedom at your fingertips, with L-Pesa service.