From time to time, you might find yourself dealing with unexpected one-off expenses and emergencies or having to finance short-term cash flow needs when your account balance is running low.
With your LOOP Overdraft, you can keep on transacting up to a possible overdraft limit of KES.100,000 and repay the owed amount within 30 days helping you to never miss an opportunity no matter the situation.
Unlocking your overdraft is easy, simply increase your deposits and transactions on LOOP and maintain a good credit score and history, no paperwork, no hassle.
Why LOOP Overdraft?
Borrow what you need, as often as you need it, within your overdraft limit
Enjoy easy stress-free repayments by simply depositing money into your LOOP Payment Account
Access some of the lowest interest rates in town
Easy application and instant approval all through your app