ikash - Reliable Online Loans 1.5

ikash - A Review of Quick and Reliable Online Loans

ikash offers a contemporary solution for individuals seeking reliable online loans that can be accessed anytime and from anywhere. This platform enables users to borrow with confidence, potentially alleviating financial constraints and facilitating the realization of personal aspirations.

How It Works:

1. Download the ikash App
2. Register using your Phone Number
3. Complete the required personal information
4. Receive funds directly into your Mobile Money Wallet
5. Repay your loan using your Mobile Money account along with the applied loan amount

Eligibility Criteria:

Applicants must meet the following criteria to qualify for a loan:

• Age between 18 and 60
• Ugandan Citizenship

Timely repayments and good credit management may lead to an increased loan limit.

Loan Description:

• Loan Amount: Ranges from UGX 50,000 to UGX 500,000
• Loan Period: Options vary from 91 days to 365 days
• Annual Interest Rate: Minimum of 18% to a maximum of 26% APR

Repayment Examples:

• Loan Amount: UGX 500,000
  Loan Term: 365 days
  Total Interest: UGX 500,000 * 18.25% = UGX 91,250
  Total Due Amount: UGX 591,250
  Annual Interest Rate: 18.25%
• Loan Amount: UGX 500,000
  Loan Term: 91 days
  Total Interest: UGX 500,000 * (25.55% / 365 * 91) = UGX 31,850
  Total Due Amount: UGX 531,850
  Annual Interest Rate: 25.55%

Privacy Commitment:

The company emphasizes its commitment to protecting user privacy and the security of personal information in compliance with relevant laws and regulations. For further details, users are encouraged to visit the official website at https://sites.google.com/view/ikash-site. It is advisable to thoroughly read the terms and conditions before engaging in any loan transactions.

Contact Information:

• Email: [email protected]
• Working Hours: 9:00 AM - 6:00 PM (Monday - Saturday)
• Address: Lugogo Road, Kampala, Uganda