Zash Loan App

[Cassey Tash]

Zash loans are offered by KopaKash Developers in Kenya from Sh500 to Sh50,000 within minutes to an individual's phone with an interest of 20% of the principal amount.

Zash loan offers a repayment loan period from 7 to 14 days depending with the amount granted and an individual's loan limit. Zash loan requires an individual to allow them access contact list, text messages, location, storage, camera, calendar and the customers identity.

Requirements to access Zash loans

• An android smartphone
• National Identification number
• A registered Safaricom number
• Internet access

How to get Zash App

• Go to google play store and search for Zash Loan App
• Select an item with Zash logo as shown in the picture above
• Click on install to allow the app to download.
• Once it has fully downloaded, click on open to access the app

Grant Zash App an access your mobile data, phone number, contact list, text messages, location and photo, calendar, camera and phone identity. Once granted, you will give Zash Loan App permission to call and send you a text message.

Proceed to registration by filling in the provided mandatory spaces. This include;

• Your full names as they appear on National ID
• National ID number
• Date of Birth
• Phone number
• Level of education
• Purpose of the loan
• Emergency contact - Three people, including a relationship you have with them.
• Your income
• Upload a photo of your ID card, both front and rear
• Upload a photo of you holding your ID card
• Upload a selfie of yourself

A 4-digit confirmation code will be sent to the phone number that you have registered with, this allows the app to verify your information before granting you a loan.

How to get Zash loans

• Open the Zash loan app on your phone
• Click on get a loan
• Select the amount you'd like to borrow
• Select the loan period and click on submit
• Before being approved, you will receive a call from one of their representative to confirm your application
• If the loan is approved, you will receive a confirmation message from Mpesa and Zash
• If rejected you will receive a message of the same from Zash

Advantages of Zash loans

• Once approved, a customer receives loans to their phones within minutes of application
• No presentation of several document apart from ID card to be granted a loan
• No guarantor or collateral need to be granted a loan

Disadvantages of Zash loans

• Loans are offered at a high interest rate
• If a loan is defaulted, a customer may be listed on CRBs
• A lateness fee is added to the loan after the repayment days elapse
• An individual receives several calls as a reminder about an outstanding loan(s)

How to repay Zash Loans via MPesa

• Go to SIM tool kit on your phone
• Select Lipa Na Mpesa, the Paybill
• Enter Zash Paybill number - 733555
• Enter your phone number as account number
• Enter your mobile money PIN number and submit