The darker the berry the sweeter the juice! Berry loan app must be one of the darkest berries in a bunch of mobile loan apps in Kenya. Berry mobile loan app is the newest kid on the block and they are trying to market the app to reach as many people as possible. But we all know if a product is really good, it will definitely sell and berry got their product right.
For the last couple of months, the app has been causing shock waves on social media. Some say it is the best loan app they have used so far and others say the app just does what it is supposed to do, giving loans!
Since berry loan app was launched, it has been winning hearts and changing lives among Kenyans who need instant mobile loans. The app gives business and individual mobile loans at very competitive and favorable interest rates.
Unlike other mobile loan apps, Berry mobile loan app does not have a physical office or location. Their website as well does not tell more about the Berry Company but come on guys, you do not need to visit an office to apply for a mobile loan.
In fact, what matters is the fact that their lending app is one of the best in Kenya. This is not to mean that you will not get any help if you have a problem with the app.
You can easily reach their dedicated virtual support team on Facebook and have all your grievances heard. I have also noticed that they also answer to comments on Google play store under the review section of their Berry loan app.
Is Berry Loan app reliable?
I do not have to give you my word but a quick read through the comments on Facebook and Google PlayStore will give you an answer. People who have used the app leave tonnes of reviews about the user interface and reliability of an app.
In this case, Berry loan app has several good reviews and comments from users based on which we can confidently ascertain the app to be one of the best.
Must Read: How to Get a Loan from Tala Loan app
Berry mobile loan app claims that they do not charge interest rates on their loans. However, they take a service charge of 8%-15% on all loan amounts.
How does Berry Mobile loan apk work?
Now that you have known a thing or two about Berry mobile loan app, why don’t we start the process of getting you a loan right away?
Like most loan apps in Kenya, Berry loan app uses a machine-learning algorithm to establish your identity and determine your creditworthiness.
Creditworthiness in simple terms is a ‘loan limit’ or the amount of money that the app can lend to you. Ones you download the app and grant it the necessary permissions, the app scans and retrieves important data from your phone.
This data will be used to determine whether you will be given a loan or not. The data that the app collects include:
- Phonebook records
- Airtime reloads and usage
- Mobile-phone usage patterns
- Mpesa transactions messages
- Speed dial
- Voice call patterns
How to get a loan from Berry Mobile loan app
If you have not downloaded the app yet, go to Google Play Store and download the Berry Loan App
- Read the terms and condition and click on I Agree
- Install the app
- Open the app ones installed
- Registers for an account
- Provide honest personal and financial details that will be asked
- Ones the account has been created, log into the app using your username and password
- Apply for a loan by clicking on the ‘Apply Now Button’
- Select the amount you want to borrow
- Specify your repayment option and finish the process
- Approved loans are sent to M-Pesa in minutes
How to Repay Berry Mobile Loan
One of the ways you can increase your loan limit not only at Berry loan apps but with each and every mobile loan app is through repaying all your loans in time.
Repaying your loans keeps you in the good books of borrowing apps and you benefit from bigger loans for being honest and faithful in your repayment. The following is the process of repaying your Berry loan through M-Pesa
- Go to M-Pesa options
- Select Lipa Na M-Pesa
- Pay Bill Option (Paybill/Business Number 977888)
- Account Number (enter your phone numbers as the account number)
- Amount (Here, enter the loan amount you want to repay)
- Enter your PIN and send
Just like that, your loan has been repaid and you can immediately qualify for another loan from the App.
Make sure you use the app responsibly and repay your loans in time in order to grow your credit limit. Late payments may lead to CRB blacklisting.
If you are blacklisted on CRB, be sure to read my other article where I guide you on how to remove your name from CRB.
You can also let us know about your experience with Berry loan app in the comment section below. Cheer!