how to get a loan from Berry Loan app

Berry Loan App offers loans ranging from Ksh 500 to Ksh 50,000. It’s flexible payment periods range from 30-120 days. Approval is quick, typically taking only a few minutes. Interest rates vary, and the app provides both secured and unsecured loans. To check your limit and apply, simply download the Berry Loan App.

Disbursement Details

How to Access/Register for the Loan

Desktop screenshot of Berry Loan App in Play Store

To access Berry loans, you can use the mobile app. Berry Loans does not have a USSD code, so you need a smart phone to access it.

Berry Loan App: Download from the Google Play Store.

How to Apply for the Loan

Open the Berry app on your mobile device.
Select “Apply for a Loan.”
Submit your M-Pesa statement.
Choose your preferred loan product.
If approved, the loan amount will be disbursed to your M-Pesa account.

Total Cost Breakdown (Loan Fees)

Interest rate Fee: 8–15%, depending on the loan amount
Facilitation Fee:9–25% per month
Taxes: Included in the processing fee
Insurance: is optional and varies by loan amount
Withdrawal Fee: As per M-Pesa charges
Late Payment Penalties: 10% 0f loan amount
Other Fees: None

Repayment Details

To repay your Berry loan, you have two convenient options:

Via the Berry App:
- Open the Berry app on your mobile device.
- Click on “Pay Now.”
- Follow the self-explanatory payment procedure within the app, which will guide you through the steps.
Via M-Pesa:
- Go to your Safaricom menu and select M-Pesa.
- From the M-Pesa menu, select Lipa na M-Pesa.
- Choose the Pay Bill option.
- Enter the business number 977888.
- Enter your registered phone number as the account number.
- Input your payment amount.
- Enter your M-Pesa PIN.
- Confirm that all details are correct and press OK.

Berry allows early repayment, which can reduce the overall interest you pay. Multiple repayment methods ensure flexibility and convenience for users.