Haraka loan app is not your ordinary mobile loan app. This finance app operates in several other African countries and thanks to their generous easy to access loans, Haraka has become a favorite mobile app for millions of people.
If we were all honest, there comes a time when we all need some sort of financial assistance urgently. Unfortunately, during such times, our close friends and family members seem not to have money as well.
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Thankfully, mobile loan apps like Haraka loan app have been designed to save the situation for you. Mobile loans are easy to access and upon approval; they are sent almost instantaneously to the recipient’s M-Pesa account.
This is unlike banks which ask for collateral and take ages to process a simple loan. In times of an emergency, mobile loan apps have proved to be more reliable than banks.
Even better, mobile loans are not discriminatory, unlike banks. As such, even marginalized and unbanked Kenyans can qualify for the loans and start small businesses.
What is Haraka Loan app?
We could go on and on about the advantages of mobile loan apps but I think what brings us here is this app called Haraka mobile loan app. Haraka is lending application owned by a company called GetBucks that hails from South Africa.
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This loan app is designed to help Africans to get access to instant mobile loans to solve minor emergencies. Haraka loan app has definitely touched the hearts of millions in the countries it operates in.
The App is no amateur in the borrowing game since they have been dispensing mobile loans since 2011.
This easily makes Haraka one of the most experienced lending app if the years they have been operational is something to go by.
Haraka loan app has been acknowledged globally by NCR and MFSA which means it is one of the most reliable mobile loan apps.
Advantages of Haraka loan app
If you thought that was all, it gets even better considering that Haraka services are all customized to give borrowers the best experience.
Your opportunities with Haraka loan app are limitless and the more you borrow and repay your loans from Haraka, the more you qualify for bigger and significant loans.
Even more, there is a 90% chance that you will get a loan from Haraka loan app even if all the other loan apps have shunned you away.
According to GetBucks, the primary goal of Haraka loan app is to provide cheap turnaround capital to marginalized Africans.
Which countries support Haraka loan app
Haraka loan app is an international company seeing that they offer their services in more than 5 countries in Africa.
You can apply for Haraka loans through their Haraka app if you are a citizen of the following countries:
- South Africa
How to download Haraka loan app
The Haraka app is available on Google Play Store and Apple store for iPhone users. It all starts with downloading the app as follows.
- Go to Google play store or Apple Store]
- Download Haraka Loan app
- Install the app on your phone
- Open the app to create your account
- Create your account by logging in to Facebook
- Agree to the use of your Phone Data
What data does Haraka loan App require?
The Haraka Mobile Loans app uses data from your mobile phone to create a loan application for you.
Haraka uses the data to determine your financial and non-financial behavior, transaction history, and identify financial fraudulent activity.
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After collecting the data, the app calculates a mobile wallet credit score, and your loan limit. The below data is used to determine your behavior.
- Apps installed on your phone
- Mobile Wallet SMS transaction messages
- Device make, model, firmware and software versions
The below data is used to determine client behavior, mobile wallet activity, affordability, and how likely a borrower will pay their loan.
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The app will also require you to provide the following personal information;
- Full Names
- National ID Number
- Date of birth (DOB)
- Email address
- M-Pesa Number (Referred to as Wallet Number)
How to apply for Haraka loan
Considering that you have already set up your account, go ahead and apply for a mobile loan following the process stipulated below.
Keep in mind that you should be between the ages of 18-60 years in order to qualify for Haraka loans. Younger or older applicants are automatically dismissed.
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All Haraka loans should be repaid within 30 days from the day the money was sent to you. It is also worth mentioning that Haraka loans attract a fixed interest rate of 23%.
- Open your Haraka App
- Go to ‘apply for a Loan’
- Choose the amount you want to apply
- Wait for the loan to be processed
- The money will be sent to your M-Pesa account
How to repay Haraka loans
Haraka loans are repaid via M-Pesa through a paybill number. Follow this step by step process to successfully repay your Haraka loans.
- Go to Mpesa menu on your phone
- Select ‘Lipa na Mpesa’ option
- Select Pay Bill [Enter Pay Bill number 817910]
- Enter Account number (enter your phone number)
- Amount (Enter the amount of money you want to repay)
- Put your M-Pesa Pin
- Authorize the transaction
You will get a confirmation message from M-Pesa and Haraka confirming whether you have repaid the loan in full or partially.
How to contact Haraka customer care
For any questions, confirmation, or feedback, kindly reach out to Haraka customer care and support team via the following contact details.
Phone: +254 (0) 202 434 019
Phone: 079 020 4294
Second Floor, Ebenezah Building, Cathedral Road, Bungoma, Kenya
Eldoret branch (Getbucks Branded)
Phone: 079 020 4291
First Floor, Zion Mall, Uganda Road, Eldoret
Phone: 079 020 4300
Ground Floor, Trade World Building, OPP prestige Plaza, Nakuru
Phone: 079 020 4292
First Floor, Minoki Building, Oginga Odinga Street, Kisumu
Phone: 079 020 4298
Third Floor, Newton House, Namanga Road, Kitengela Kenya
Phone: 079 020 4293
Shop No. 4, Ground Floor, Kaderbhoy Building, Nkurumah Road, Mombasa