How are you going to pay me?
We send via Mpesa or Pesalink/EFT/RTGs to bank.
FAQ Category LOANS
Understanding the types of loans and terms in our services
How soon can I get the loan?
You will get your loan within 6 hours once you have met all the requirements.
Which arm of the government regulates Elite wallet?
We are governed by the Companies Act
What’s the maximum amount of loan that can be borrowed?
You can borrow up to Kes. 2,000,000/=
What’s the loan duration?
We have flexible loan duration depending on the product ranging from 1 month to a maximum of 24 months.
Can one use logbooks/title deeds to secure loans?
Yes, you can use your log book or title deed to secure a loan. However, the property on the title deed needs to be receiving rental income.
What is your interest rate per annum?
We have flexible interest rates depending on the product one takes. Refer to products on this website and the loan calculator.