Okolea International is a mobile lending platform that operates under the name Okolea loans. Users can access loans via an app that they can download to their device in Google Play Store.

How to get Okolea loan

Registration

• Go to the Google Play store and download the application. This should take a few seconds given the small size
• Create an account through entering your Safaricom M-Pesa number
• Fill in your names, your Id number, county, date of birth, county, occupation (employed, self-employed, student)
• Create a password and you are set

How to get money from Okolea app

• You should successfully log in to the app(enter your email address and password)
• Click on “Get a loan” on the dashboard. You can opt to check your loan limit usually displayed on the app or click on “Loan limit” to get the amount.
• If you have a CRB listing, the application will expressly show you do not qualify for the loan with its message prompt.
• In case you are eligible, the application will ask to access some phone features like camera, location, application permissions and CRB your listing
• You should get your loan limit displayed on the application
• Enter in the empty field the amount you’d wish to borrow (Not exceeding your limit)
• Okay the transaction
• Your transaction should be processed swiftly
• Check your balance on the application
• A confirmation M-Pesa message of the transaction will be sent to your phone.

Okolea loan charges are relatively modest compared to others in the market and vary depending on how long you take to repay the loan.

READ ALSO: How to repay Okolea loan

Okolea Loan interest rates

The lender often increases the credit limit for depending on how promptly you repay your loan. If you are stuck and need money urgently consider using Okolea app. The only downside is the application gives out loans between 7 am and 7 pm, unlike other lenders who work 24/7. It makes up for this with swiftness and convenient user-friendly application