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Qualified first-time borrowers can have a loan from PHP 1,000 to PHP 2,000. The initial loan amount is small, but making timely repayments and frequently borrowing from Tala entitles you to higher loan amounts up to PHP 15,000 for your second-time loan. By the way, Php 1,500 ang 2nd approved loan ko kay Tala. Hindi kalakihan pero alam ko lalaki din ang pwede kung ma loan pag inaalagaan ko ang relationship namin ni Tala during repayment.

Tala second loan amount

For example, when you select a payment schedule of 30 days, Tala expects you to service the money lent to you including interest and service fee within 30 days. Today, Tala app offers a minimum loan amount of Ksh 500 to first-time users and up to a maximum of Ksh 30,000 for subsequent users with good loan repayment history. They have claimed that they don’t charge interest on loans instead take a service fee. For example, for a 30-day loan with principal amount of Php 1,000, the service fee would be Php 152-171, the applicable tax would be Php 8-9, and the total amount due would be Php 1,160-1,180.

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The M-Shwari loan require any SECURITY at all to apply, meaning that this makes it perfect for emergencies and small loans that you want to apply for. How do you repay your Tala loan?Follow these quick and easy steps:1.

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In this video, I will teach you on how to apply loan on TALA. Just follow this tutorial. On the next time, you take another loan, Tala will use that amount to repay your loan in part.

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To sort this out, If your amount is not reflecting in your tala account, or has not been updated on your tala account this is what you need to do. Copy paste the mpesa confirmation message showing repayment made of tala loan. Open the tala app and navigate to the tala in-app chat. Check out These Best Loan Apps to Get an Instant Cash Loan in Kenya: 1. Branch Loan App. The first loan app in Kenya to review is Branch Loan.

Join the millions using Tala to build their financial future.
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And lastly, from TALA confirming that the loan can already be claimed. It may be 11% for 21-day loans and 15% for 30-day loans. Thus, Tala online loan calculator shows that for the amount of P1,000 taken for 30 days, the fee will be P150.