Who we are
Instanewsbuzz Chama Loans is a members' chama that offers small, short-term loans to its members. We keep it simple: you apply online, we review your application, and you repay on time.
Our loans at a glance
| Loan amount | Ksh 800 to Ksh 10,000 |
| Repayment period | 14 days |
| Interest | Ksh 150 flat per loan |
| Transaction fee | Ksh 20 per application, covers transaction costs. Refunded if rejected. |
| Late payment penalty | Ksh 200 |
How it works
- Fill in the application form with your name as it appears on your ID, your ID number, your phone number and the amount.
- We review your application and contact you.
- If approved, the money is sent to your M-Pesa number.
- Repay the amount plus interest within 14 days.
What we stand for
- Clear costs. The total you repay is shown before you apply. There are no hidden charges.
- Respect for your data. We use your details only to run your loan. See our Privacy Policy.
- Responsible lending. Please borrow only what you can repay on time.
Apply for a loan