Okolea loan app has launched an iOS app to reach the increasing number of local Apple device users in the region.
With majority of the lending app’s in the region operating under android, this move sets Okolea apart from major industry players giving it an upper hand to grow its market share as it targets both android and IOS users.
Okolea also offers the multiple loans function that allows the users to have three loans simultaneously, unlike other digital lenders where users can only access one loan.
Okolea’s instant loans to bank option that allows clients access loans directly and instantly into their bank accounts has benefitted Small medium enterprises (SMEs) owners. This means that unlike the 140,000 mobile money limits Clients are able to receive up to 1M loans instantly in their bank accounts by requesting the loan from the app.
This has led to Okolea getting recognition by being voted as the first runners up in the Financial Inclusion Awards 2019 under best preferred non-banking app. “Okolea is committed to enhancing financial inclusion by responsibly availing credit to those who would otherwise not access much needed business funds across the country,” avows Mr. Muraya, Okolea CEO. Okolea also won the top award in Top Women in Business Awards 2019 under the Best in Finance category. The reflects the effort the company makes to ensure that our Kenyan ladies get equal access to finance as their male counterparts.
Okolea continues to solidify its position as the leading locally owned digital lender in Kenya by putting clients first and creating products which improve financial inclusivity. In addition, Okolea advocates for a responsible lending culture and provision of sizable credits clients who are capable of repaying and those empowering others through small businesses.
“We are in the business of helping people, not exploiting them and that to us means providing affordable and timely finances to those who can afford it and those who can direct it to make an impact in our society,” said Peter Muraya, Chief Executive, Okolea International.