Posted by admin, February 12, 2020

L-Pesa Makes Mobile Banking Easy for Everyone

L-Pesa is a progressive finance service that is transforming financial inclusion around the world. Through L-Pesa it is possible for anyone with a mobile device to access microfinance services, through loans.

If you are above 18 and have a registered mobile phone line, you are legible to access L-Pesa services. To access an L-Pesa loan, you need to pass to qualify.  A background check is carried out, and this involves a 6-month history check with your mobile banking partners. You need to have had at least 10 transactions done through mobile banking.

The application process is incredibly straightforward. You can do so from your mobile phone using the L-Pesa Android App (Click for app downloading or you could enter your correct phone number on the L-Pesa website The first loan that you get will be worth $1. You will be given one week to pay back the loan. Once you do so, you will be able to access your next loan. The more you borrow and pay back, the easier it will be to access higher credit limits. L-Pesa has its very own credit score system that controls what you can borrow at any time. If you do not make a loan repayment in time, then your credit score will drop all the way down to zero. This means that you will not be able to access any cash.

The first thing you will want to do is confirm whether your mobile money service country supports L-Pesa. Some mobile providers like Tigo Pesa, Airtel Money, MTN, Paytm and M-Pesa already allow access to L-Pesa. If you cannot access L-Pesa through your mobile money provider, you can do so through the L-Pesa App or website.

Take control of your finances with L-Pesa services. Once you qualify, you will be able to get your micro cash within just five minutes. One massive advantage of this service, if you pay your loans back on time, the credit balance keeps increasing. Within a short time, you will be able to access loans that are worth hundreds of dollars. Even better, the higher the loan, the more favorable your interest rates. You will also be given longer periods to pay back the amount.

There are some more features in selected countries that make L-Pesa so favorable. Payments are automatically deducted from your mobile wallet. You will not get similar services from a normal bank, especially when it comes to the credit score.

To reach out to L-Pesa for any help, you can access the support team online through the App or Email at . The service is 100% virtual and operate 24/7 for your conveniences.

Find out more by visiting the website or download l-pesa Android app today