Orbit Kadogo
Orbit Kadogo is a new offering from Orbit Capital, designed to provide customers with access to small, highly affordable loans, ranging from KES 500 to KES 5000.
This product is intended to enhance the inclusivity and accessibility of digital financing.
Key Features of Orbit Kadogo:
-Customers can obtain instant loans for various daily necessities, such as food, educational expenses, medical bills, urgent needs, or minor business expenditures, all through mobile money.
- Loan disbursements are processed instantly via mobile accounts.
- No collateral is required for these loans.
- Repayment periods are flexible, ranging from 1 to 30 days.
- Interest rate is from 10% to 30% per loan
- Processing fee of 10% may apply
- It is essential to repay all advanced loans.
- This product is specifically designed to align with the daily or weekly cash flow requirements of typical borrowers, alleviating the pressure often associated with conventional, rigid 30-day salaried loans.
How to Apply
- Please visit our website at www.orbitcapital.co.ke.
- Kindly click on "Apply Now."
- You will then need to create an account or sign up.
- Log in to proceed with your application.
- Select "First-time application."
- Please complete the required details.
- Click "Submit."
- Loan disbursements will be made via Mpesa or bank account (cash disbursements are not available).
- Repayments can be made through our designated paybill numbers, which will be provided when due.
- No collateral is necessary.