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How to Apply For Umba Loan

April 4, 2021
in Wealth
Reading Time: 2 mins read
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Here is a simple guide on how to apply for Umba loan and how to pay Umba loan. Umba loan app, formerly known to many as Mkopo Kaka, is a money lending app in Kenya that gives loans to their clients at a low-interest rate. How to Apply For Umba Loan

The mobile loan app is a product of Beatha Technology and has more than 100k downloads on Google play store, with a rating of 4.4.

Umba loan app is only available to Kenyans and Ugandans.

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Their loan amount ranges between Ksh. 250 and Ksh. 70,000 and interest rate between 1% and 15% p.m.

Umba loan repayment duration is between 1 to 12 months.

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Umba Loan App Registration Process

  • Download Umba loan app on Google play store.
  • Click on “Apply for Loan with Facebook”.
  • You will be required to provide your National ID details.
  • Click on the x button of your screen.
  • Enter the details below:
  • First name
  • Surname
  • National ID number
  • Date of Birth
  • Gender
  • Click on “Apply Now” button
  • Click on “Allow SMS log permission”
  • Allow Umba loan app to send and view SMS messages
  • Click on “Accept Contacts permission”.
  • Allow Umba to access your contacts
  • Click on “Accept Phone state permissions”.
  • Allow Umba to make and manage phone calls.
  • Click on “Accept Location permissions”.
  • Allow Umba to access the location of your phone.
  • Set and verify email/phone number.
  • Set email.
  • A verification code will be sent to your email address. Enter and click submit.
  • Set phone number and choose country.
  • A confirmation code will be sent to your phone. Enter and click submit.

How to Apply For Umba Loan

  • Go to “Apply Loan”.
  • Choose loan type and proceed.
  • Enter loan amount.
  • Choose reason.
  • Click on apply now.
  • If the application is approved, the money will be sent to your M-Pesa account.

How to Pay Umba Loan

  • Go to M-Pesa menu on your mobile phone.
  • Choose Lipa na M-Pesa.
  • Select paybill option.
  • On the business number section, enter Umba paybill number 264130.
  • On the account number section, type Umba or your phone number.
  • Enter loan amount.
  • Key in your M-Pesa PIN and submit the information.
  • You will receive a confirmation message from Umba loan app and M-Pesa.

Umba Loan Contacts

Email: support@umba.com

EMAIL: support@umba.com
FACEBOOK: facebook.com/umbamobile
WEB: www.umba.com

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