Spider Cash

With Spider Cash you get an instant loan, straight to your Mpesa account.

Get started with Spider Cash

HOW SIMPLE IS THE PROCESS?

• Download the Spider Cash app
• Verify your phone number and email account
• Pay a non-refundable amount of Kshs 200 to our paybill number 894957
• Fill out our application form in the Spider Cash mobile app
• Await Credit Limit approval usually done within 2 to 24 hours
• Once approved you access the cash sent directly to your M-Pesa in an instant

HOW DO I REPAY MY LOAN?

• Repay your loan directly through the App or through our Paybill 894957 with your phone number as the account number.
• You can pay in full or make partial payments, anytime on or before your due date

WHAT ARE THE REQUIREMENTS FOR A CUSTOMER TO QUALIFY FOR A LOAN WITH SPIDER CASH?

Be a registered Safaricom Subscriber.
Be a registered Safaricom M-PESA customer.
Have an active Safaricom M-PESA account/line
Hold a Kenyan National Identification Document (ID)
Have a good credit rating with CRB
Be an Active Mpesa user for at least one year

RATES AND FEES

Loan Amounts: Ksh 500 to Ksh 70,000
Min Repayment period: No minimum repayment period
Max Repayment Periods: 60 days after which we list you at crb
APR: 15% to 240%
Example Fees: For a loan of Ksh 10,000, a flat fee of Ksh 1500.
We have a late fee of 15%

CONTACT US
You can always reach us if you have any feedback, questions, or concerns, please e-mail us at [email protected] or find us on Facebook!
Visit our website: www.spidercash.co.ke
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