The M-Shwari loan attracts a fee rate of 7.5%. Go to the Safaricom icon on your phone. You increase your loan limit by borrowing and repaying before the due date and NOT by savings. ( Log Out /  Keep depositing money in your M-Pesa account. | konvigilante, Need a quick, easy, unsecured mobile loan in Kenya?? For a better experience, please enable JavaScript in your browser before proceeding. Increase activity on your Mshwari Account by moving money in and out of your account. Enter your M-Pesa pin and the loan limit will be sent to you by sms Increase savings on your MShwari Account. ( Log Out /  However, you will not be able to access any subsequent M-shwari loans for a period of 30 days. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Post was not sent - check your email addresses! Click on check loan limit. Select MShwari. It is accessible from the SIM toolkit, as well as from the MySafaricom app. Change ), You are commenting using your Facebook account. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email this to a friend (Opens in new window), Click to share on Skype (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Telegram (Opens in new window). Saida Loan App [2020]- How To Apply, Repay, Interest rate, Contacts. ( Log Out /  The limit of the loan that you can get is guided by the amount of money that you save with MShwari. Check this too: How to apply for Okolea loan. This means that if you have a history of not repaying your Mshwari loans then your credit rating will hamper you chances of getting a larger overdraft. Saida Loan App [2020]- How To Apply, Repay, Interest rate, Contacts. You can pay from M-PESA or from your MShwari Account. Learn how your comment data is processed. When you save with M-Shwari you increase your chances of getting a loan. Facebook: http://www.facebook.com/SafaricomLtd, Twitter: https://twitter.com/Safaricom_Care, https://www.facebook.com/TheKonvigilante If you pay the loan in less than 30 days your loan limit qualification will increase. Yes, the 7.5% is a facilitation fee charged on the cost of processing the loan. In general, your limit will increase based on your usage of the services offered by Safaricom. Enter your email address to follow this blog and receive notifications of new posts by email. You increase your loan limit by borrowing and repaying before the due date and NOT by savings. Increase savings on your MShwari Account. In order to qualify for a loan you will have to be an active M-PESA user for at least 6 months, save regularly on M-Shwari account and continuously use other Safaricom services such as Voice, DATA and M-PESA. | konvigilante, Need a quick, easy, unsecured mobile loan in Kenya?? Select Loan. MShwari is a mobile loan service formed through a partnership between Commercial Bank of Africa ( CBA ) and Safaricom’s mobile money service M-PESA. Loan disbursement is done through Mpesa and processed in less than five minutes. To check your M-Shwari maximum loan limit, follow the steps below.