L-Pesa is a progressive finance service that is transforming financial inclusion around the world. Through L-Pesa it is possible for anyone with a mobile device to access microfinance services, through loans.
If you are above 18 and have a registered mobile phone line, you are legible to access L-Pesa services. To access an L-Pesa loan, you need to pass to qualify. A background check is carried out, and this involves a 6-month history check with your mobile banking partners. You need to have had at least 10 transactions done through mobile banking.
The application process is incredibly straightforward. You can do so from your mobile phone using the L-Pesa Android App (Click for app downloading http://bit.ly/2L24kO8 or you could enter your correct phone number on the L-Pesa website http://www.l-pesa.com. The first loan that you get will be worth $1. You will be given one week to pay back the loan. Once you do so, you will be able to access your next loan. The more you borrow and pay back, the easier it will be to access higher credit limits. L-Pesa has its very own credit score system that controls what you can borrow at any time. If you do not make a loan repayment in time, then your credit score will drop all the way down to zero. This means that you will not be able to access any cash.
