Azima: Instant Loans for Business and Emergencies in Kenya

Azima is a free Android application developed by Kewatt that offers instant loans to Kenyan residents who need money for their businesses, emergencies, or shopping. With Azima, you can request a loan amount ranging from KSh 500 to KSh 20,000 with a maximum loan limit of KSh 80,000. The loan period can last from 91 days up to 365 days, and the maximum Annual Percentage Rate (APR) is 25% per year. Additionally, you will be charged a service fee ranging from Sh.

The loan request process is straightforward and paperless. You only need to be 18 years or older, have a source of income, and be a resident of Kenya to apply for a loan. You don’t have to worry about your credit report as it is not required. Once approved, the loan amount will be disbursed to your M-PESA account in just one minute. Azima offers a digital and convenient repayment process with multiple options, and you can apply for a loan extension if you can’t repay on time. As your credit score grows, your loan limit will gradually increase.