This is a micro-lender in Kenya which offers affordable and quick loans by means of an android mobile app. The android mobile app is referred to as ‘Utunzi Loan App’. It functions as a platform that enables clients to apply for loans ranging from kshs. 500 to Kshs.100,000. Loan approvals depend on the borrower’s credit score calculated automatically by the app whereas also putting into consideration the information given in the sign up questionnaire. When the loan is approved, the amount applied for is disbursed to the borrowers Mpesa account within minutes.

THEIR MISSION                                

• To build the safest and easiest way to get a loan.

THE PROCEDURE FOR ACQUIRING THE UTUNZI LOAN APP;

The following is the procedure of acquiring the Utunzi loan application in your android mobile phone.

• Go to the google play store in your mobile phone
• Then download the utunzi application
• Install the application in your mobile phone
• Use your phone number and Identification number to sign up

THE PROCEDURE FOR APPLYING FOR UTUNZI LOANS;

The following is the procedure that an applicant will use when applying for Utunzi loans.

• Login into your utunzi app
• Then choose the ‘Apply for a loan’
• Enter the amount of money you wish to borrow
• Answer the questions you are required to answer     
• Attach a photo of your Identification Card
• An applicant can also add referees if needed for to testify an applicant’s character
• Submit

If your application is approved, the loan amount applied for will be sent to you by the use of your MPESA number. This is in duration of a few minutes from the utunzi ventures. The duration of repaying the loans is at variance as per the amount loaned out or issued.

THE PROCEDURE OF REPAYING THE UTUNZI LOAN

When the loan will be due, this is the method you’ll use to repay your borrowed money;

• Go to the Mpesa menu
• Then choose Lipa na Mpesa
• Select the Pay bill option       
• Enter this number ‘ 800950’ (this is Utunzi Ventures Pay-bill number)
• Select the Account number
• In the account number enter your phone number
• Enter the Amount (which is the amount of loan owed)
• Then press OK

THE UTUNZI LOAN CONTACTS

This is how an applicant can communicate with the Utunzi ventures;

• If any trouble arises that requires the teams attention an applicant can SMS or Call 0720686009 or 0721843974
• An applicant can also access the app and use the in-app support to send them a message
• They are to be found at Vitram Plaza, 3^rd Floor, Nairobi.
• The Utunzi venture email address is admin@utunziventures.co.ke