TumaCash 1.0.4

TumaCash presents itself as a notable option in the realm of cash loans, offering an online platform that emphasizes both convenience and speed in financial support. The service is designed to cater to various financial needs, whether they arise unexpectedly or are planned in advance.

Loan offerings range from KES 1,000 to KES 90,000, with repayment periods spanning from 91 to 360 days, allowing borrowers adequate time to manage their financial obligations. Interest rates are transparent, with a minimum Annual Percentage Rate (APR) of 14% and a maximum of 30%. For example, if one were to borrow KES 5,000 at an interest rate of 22% for a term of 91 days, interest charges would amount to approximately KES 274.25, leading to a total repayment figure of KES 5,274.25.

Several characteristics distinguish TumaCash loans:

• Convenient online application: The process allows users to apply for loans at their convenience without excessive formalities.
• Rapid loan disbursement: Upon approval, funds are typically transferred swiftly into the borrower’s M-PESA account.
• User-friendly experience: The application process is straightforward and can be completed in just a few steps.
• Accessible approval criteria: TumaCash offers a streamlined application avenue especially for individuals with stable incomes.

The target demographic includes Kenyan citizens aged between 20-60 years who possess:

• A valid M-PESA account
• A stable job or verifiable income source
• A government-issued identification

The loan application process is as follows:

1. Download the TumaCash app
2. Complete the loan application form
3. Await prompt approval
4. The approved loan amount will be deposited directly into your M-PESA account

For inquiries, TumaCash can be contacted via email at [email protected] or visited at their offices located in Kilimani, Yaya Towers, 3rd Floor, Nairobi, Kenya.