Kashat 1.0.7.5

Kashat is a lending app that provides small loans to individuals for managing their short-term liquidity needs for small businesses.

Kashat offers loans starting from 300 EGP and going up to 2,000 EGP. As customers repay their loans on time, their credit score increases, allowing them to borrow higher amounts in subsequent loan applications.

Once a loan application is approved, customers can withdraw their money through various digital platforms such as Fawry, Vodafone/Orange/Etisalat cash, or bank digital wallets.

Loan Tenor and Fees

Kashat charges customers service fees ranging from 10% to 28%, depending on the loan amount and the customer's level. The maximum Annual Percentage Rate (APR) charged for the loan is 28%. Additionally, there are admin fees of 8 EGP deducted from the principal loan amount for processing fees at the time of loan disbursement.

Loan Example

If a customer takes a loan of 300 EGP, the principal amount they will receive in their digital wallet or through Fawry will be 292 EGP (after deducting the admin fees). The applied APR for this loan is 28%, assuming repayment after 90 days. Therefore, the customer will repay a total of 384 EGP.

Alternatively, if the customer chooses to repay the loan after 2 weeks, the applied APR will be 10%, resulting in a repayment amount of 330 EGP within that timeframe.

Loan Repayment Plans

The duration for repayment is 91 days, subject to approval. Customers can choose to repay their loans between 90 days and 120 days from the disbursement date, either over 1 or 2 installments. They are also allowed to repay earlier than 30 days (starting from 2 weeks from the loan date) and be eligible for lower service fees. The full loan repayment period is 120 days.

Why Choose Kashat

• Easy account creation with only a few required details
• Flexibility to choose a loan amount within the assigned limit
• No collateral or personal guarantees required, with minimal documentation

To create an account on Kashat, you need to be above 18 years old, an Egyptian citizen, and have a valid national ID.

Limits start from 100 EGP to 2000 EGP. With each on-time repayment, your credit score increases, providing an opportunity to borrow larger amounts in the future.

To learn more about increasing your credit score, visit the financial tips section in the app.

How to Withdraw Your Loan

After loan limit approval, Kashat will generate a voucher that can be cashed out from various disbursement channels such as Fawry, Vodafone/Orange/Etisalat Cash, or bank wallets.

How to Repay Your Loan

Generate a repayment voucher within the app and choose from multiple repayment channels.

Kashat Offers

• Increase your loan limits
• Pay reduced administrative and service fees
• Increase your chances of improving your credit score

To learn more about our offers, visit the offers section in the app.

Your privacy and security are important to us. When you download Kashat, you will need to scan your National ID for identity verification and grant certain android permissions. We encrypt your data to ensure the highest standards of privacy and security. Your personal information will never be shared without your permission.

Contact Us

We're always pleased to hear from you! If you have any feedback, questions, or concerns, you can reach us at [email protected] or visit www.facebook.com/Kashateg.