Do you have a loan from Haraka? Well, in this article, I will show you how to repay the Haraka loan via Mpesa.
Haraka Loan is a product of GetBucks, a South African registered lender providing mobile loans in Africa. The Haraka Loan app is active in countries like Kenya, Uganda, Zimbabwe, Swaziland, and Tanzania.
To access the loan from Haraka, you must download the App from Google Play Store. With this App, you can borrow quick loans directly to your M-PESA in the range of between Ksh. 500 and Ksh. 5,000.
You need to have a Facebook account to get a loan from the Haraka loan app. After installing the application from the Google play store, log in or sign up for a free Facebook account.
Choose your loan amount, then choose to proceed. If you have been allocated any cash, you will receive a notification message, after which you can check your balance in your credit wallet.
This is not only easy but also simple as no bank accounts are required to open the Haraka account nor bank loan history, which can be quite daunting.
How to pay Haraka loans using M-PESA
Haraka offers monthly loans (Loans to be repaid in less than 30 days) with interest rates of about 10%. When your credit is due, you will receive a message such as the one below indicating your loan arrears.
Follow these steps to pay the Haraka loan using M-Pesa:
- Open the M-PESA menu on your mobile device.
- Select “Paybill” from the options.
- Enter the business number 817910 in the field provided.
- In the account number field, enter your phone number.
- Select the amount you want to repay.
- Confirm the details and enter your M-PESA PIN, then send.
You will receive a confirmation message that the payment has been made.
If you don’t see it, however, do not panic. There is also some negative reviews about the app having some bags while paying the loans.
Some customers have reported that loans they took and repaid still count on outstanding debts contacting the support, moreover, will help you get a better experience. Contacting customer care can also help you sort out any issue that you may have.
Taking a screenshot also may be handy as it may serve as evidence in case anything goes wrong, please consider taking one while making the payment and saving the MPESA confirmation message.
Read more on how to download, loan application and repayment on Haraka loan app.