Kona Advance: Emergency Loan Solution at Your Fingertips

Are you facing unexpected emergencies and need quick financial relief? Kona Advance is here to empower you with fast and accessible loans. Through the QonaPay App or *USSD 345# | Option 5 Loan, you can secure funds to manage your urgent needs seamlessly.

Key Features of Kona Advance

• Maximum Loan Limit: Borrow up to KES 200,000, making it ideal for urgent financial needs.

• Eligibility: Members must have attained a minimum share capital of KES 40,000 to qualify for the loan.

• Flexible Repayment Terms:

  • The loan is payable within 3 months, offering manageable repayment timelines.

  • Repayment can be made anytime before the 3-month tenure, giving borrowers added flexibility.

• No Guarantors Required: Experience stress-free borrowing without the need for guarantors.

• Interest Rates:

  • Issued at 3% per month for the first 2 months, ensuring competitive rates.

  • Interest is recovered upfront for the first month, simplifying the loan process.

  • If rolled over into the third month, an interest rate of 5% will be applied.

• Loan Amount Based on Deposits: Borrow up to 5 times your deposits, giving members greater leverage for higher loan amounts.

How to Apply for Kona Advance Take advantage of this quick and reliable solution for emergencies by applying today. Simply:

1. Download the QonaPay App, or

2. Dial *USSD 345#, then select Option 5 Loan.