Fadhili

Welcome to Fadhili Mobile
Fees and commissions:
Loan Amounts: Ksh 250- Ksh 70,000 (unsecured) to Ksh 71,000 - Ksh 10M (secured loans)
Repayment Periods: 4 months to 5 years
APR: 25% to 240%
Annual Ledger Fees/Account Maintenance Fee: Ksh 100 - Ksh 400
Example Fees: For a loan of Ksh 10,000, a flat fee of Ksh 2,500. No late fees, rollover charges, or origination fees.
Meaning even if the loan is repaid 1 year after no additional amount is charged. However late payment by over 180 days can lead to CRB listing
Note: For secured loans(Asset Finance & Business loans:
Kindly visit our offices to avail documentation after online application

How to Pay your Fadhili Loan:
1. Go to your Safaricom menu and select M-Pesa.
2. Select Lipa na M-Pesa.
3. Select the Pay Bill option.
4. Enter the business number 995321
5. Enter your Fadhili registered phone number as the account number.
6. Enter your payment amount.
7. Enter your M-Pesa PIN

Technical Assistance
If Fadhili loan app is crashing, hanging or unable to register you after submitting your details you can easily fix that yourself! Before contacting us, please go to your:
Phone Settings>Apps>Fadhili>Clear Data/Cache/Storage > Then proceed enter details afresh and proceed and start applying

Loan application Assistance
Fadhili uses your answers to the loan application questionnaire as one component of determining your credit worthiness and debt capacity. Please answer the questionnaire correctly & truthfully. Unemployment or level of education will not prevent you from getting a loan but providing inaccurate information might.

Loan Approval/Rejection
Loan decisions are based on many pieces of information, including income, social media activity, repayment of other loans, M-pesa usage and 10,000 data points. Users provide this information by filling out our in-app survey from which our software builds a personal credit file using complex algorithms. This allows us to provide loans more quickly and to more people in real time than traditional banks. We are providing access to credit to everyone who can afford it


Payment Schedule
There are no payment fees for paying early. In fact, early and on-time payments will help you qualify for longer repayment loans in the future. Missing loan repayments may result in fees, lower loan limits or inability to get a subsequent loan from us as well. You may also be contacted by collection agents if you do not repay your loan on time. In event of a long period of non-payment you may be blacklisted from Fadhili and also reported to relevant Credit Reference Bureaus

Fadhili - Mpesa Loan in 3 minutes!