A Mobile Banking Service Provider

L-Pesa is a mobile banking solution which provides micro loan for all mobile banking customers in Uganda and in different countries. We are leaders in providing micro loans in Uganda. L-Pesa assures to make your life simpler by offering services like money transfer, micro loan within 5 minutes.

Various services provided by L-Pesa -

Provides small scale industry loans in Uganda easily without any paperwork. You can pay your bills 24*7 with L-Pesa. Send and receive money from around the globe. You can do shopping with L-Pesa. You can recharge your mobile using your L-Pesa account.

How to apply for L-Pesa micro loan?

L-pesa micro loan is easy and most convenient way of getting fund whenever you are in great need of it. A first time L-Pesa customer is eligible for a micro loan of only $5 and than your limit will increase depending upon the proper repayment of previous loans. Applying for micro loan with L-Pesa is not a lengthy process as it requires no documentation. The only must-follow eligibility criteria is to have an active mobile banking account. A few simple steps and your work is done. Firstly, you have to register your mobile number properly according to your country code in the official website of L-Pesa than our expert will look into your eligibility and if found eligible you will receive your micro loan approval within 5 minutes.

How to repay L-Pesa micro loan?

The repayment process of L-Pesa micro loan is a weekly process in which you have to pay a particular sum of money after every week for a certain number of weeks. After the approval of your micro loan a proper system will be set up for the weekly repayment of a loan which gets automatically connected to your mobile money account.

What is a mobile banking account credit score?

L-Pesa has a unique feature for its entire customer known as credit score. Credit scoring is a system developed in order to build a long term relationship with its customers. Credit score of 1 will be awarded to an L-Pesa customer after repayment of a particular loan amount every week. Higher credit score will increase your limit for loan approval and when you reach a credit score of 107 or above then you will be automatically converted to preferred customer of L-pesa. A favorable customer is eligible for a number of new benefits like higher loan approval, low transaction cost etc. But, if you skip a week repayment, then you will lose a credit score of 1 and if you miss 10 weeks in a row repayment than your credit score will be automatically changed to zero and you will have to wait for one complete year to build a credit score.To know more about us, visit our website: - http://www.l-pesa.com