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Lend Plus Loan App: How to Apply

By Oluchukwu Ikemefuna

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The Lend Plus Loan App is a newcomer to the Kenyan industry, having only started operations two years ago in 2021.

If you occasionally need a quick cash injection between paychecks, a large sum to fulfill orders for your small business quickly, or are wondering where you can get some money for emergencies, Lend Plus is a digital loan app you should consider among the many options available in the Kenya mobile app loans market. 

By using Lend Plus’ user-friendly app, you can avoid the inconvenience of typical bank visits and apply for a loan from the comfort of your own home. 

The LendPLus app is available for download in the Google Play Store. As of December 7, 2022, the app had more than 100,000 downloads and a 4-star rating out of 5. This is from a total of around 4,100 reviews. 

In this article, we will go over the Lend Plus loan app and how to manage the application process, which includes app download, account creation, and important considerations for the Lend Plus loan limit. Let’s make sure you make an informed decision on your loan application.

Overview of the Lend Plus Loan App

Lend Plus Loan Limit

Lend Plus, whose legal name is Aventus Technology Limited, is a Kenyan fintech business founded by the Aventus Group in 2021. Customers can apply online for short-term loans (up to 60 days). The Central Bank of Kenya supervises Kenya’s short-term lending activity. 

Lend Plus provides an easy, quick, and safe borrowing experience by simply using the phone app. The advanced solution and sophisticated customer verification process allow you to rapidly obtain a loan online at any time of day or week.

Lend Plus, on the other hand, does not lend to Kenyans in certain professions, including the army, police, and security sectors. There are also certain counties for which Lend Plus has yet to issue loans.

Lend Plus has the lowest price structure in the market, and you can return your loan via any of our repayment channels that are most convenient for you.

Related – Kashway Loan App: How to Apply

Features of the Lend Plus Loan App

LendPlus recognizes the importance of immediate financial solutions and, as a result, removes the typically time-consuming and stressful procedures. Lend Plus mission is to help you achieve your financial needs without worry and on time. Key features of LendPlus:

  1. Fast and convenient: Apply for a loan at any time and from any location, and it will be in your MPesa account within 15 minutes of approval.
  1. Simple Application Process: Lend Plus simply needs one identifying document to process your mobile loan.
  1. Competitive Interest Rates: Lend Plus offers the most competitive interest rates on the market, allowing you to return your loan promptly.
  1. Flexible Repayment Choices: Lend Plus provides many repayment choices to meet your financial position.
  1. Privacy and Security: Your information is secure with us. Lend Plus will not share your information with third parties without your permission.
  1. Reliable: Unlike other lending applications, Lend Plus guarantees a high approval rate and consistent customer service.
  1. Increase Your Loan Limit: By making timely payments, you can improve your credit score.
  1. Round-the-clock Customer service: Any questions? Lend Plus’ specialized customer care team is available 24 hours a day, seven days a week.
  1. Licensed by the Bank of Kenya: Lend Plus is more than just another loan app, as it is licensed by the Bank of Kenya. It is a licensed, real solution for mobile loans in Kenya, ensuring a dependable lending experience.

Lend Plus, Kenya’s most dependable lending app, can help you achieve your financial goals faster and more easily. You are simply a few clicks away from the funds you require. Try Lend Plus today for a hassle-free borrowing process.

Eligibility Criteria and Requirements For Lend Plus Loan

To qualify for a loan through their mobile app in Kenya, Lend Plus has delineated some fundamental prerequisites. Here is an overview of the things you need to have:

  • To borrow from Lend Plus, one must be a minimum of 21 years old, as they only cater to legal adults.
  • You have to be a Kenyan citizen to be offered this loan.
  • During the application process, you must furnish a Kenyan identification document that is valid.
  • To receive funds disbursed by LendPlus through M-Pesa, it is necessary to have a mobile money wallet.

Though LendPlus does not specify a minimum income prerequisite, they emphasize the significance of maintaining an impressive credit history and displaying a sound capacity for repayment on their website. This indicates that possessing a consistent source of income could enhance your likelihood of securing loan approval and conceivably affect the sum you qualify for.

Below are some other factors to consider:

  • LendPlus appears to consider both employed and self-employed individuals for employment.
  • Although LendPlus doesn’t impose any limitations on loan purposes, it’s advisable to be transparent regarding your intention of utilizing the finances.

In general, LendPlus provides a prompt and hassle-free channel for obtaining loans in Kenya; however, it is recommended to thoroughly examine their terms of service before submission.

Read Also – Full List of Blacklisted Loan Apps in Nigeria

How to Apply For a Loan on the Lend Plus Loan App

Lend Plus Loan App

If you have a phone running Android 5.0 or higher, all you have to do is download the loan app “Lend Plus.” Go to the Google Play Store, look for the LendPlus app, download and install it, sign up for the app, and start applying for loans.

Getting your first loan from Lend Plus is simple. Here is how:

  1. Download the Lend Plus app: You may get it for free from the Google Play Store or our website.
  1. Quick Registration: Complete the registration form with your information. The method is quick, uncomplicated, and gentle on your fingers!
  1. Apply for a Loan: Choose your loan amount and submit your application.
  1. Wait for Approval: Your application is examined in real-time, and if everything is in order, you are authorized immediately!
  1. Receive Your Loan: The funds are deposited directly into your M-Pesa account. Get a loan and have access to your money right away!

Lend Plus marks the actual revolution in mobile financing.

Lend Plus Loan Repayment

You can pay your LendPlus loan via the LendPlus app via the M-PESA Pay Bill number 4073865, where the account number is your phone number.

Early repayments are available through the LendPlus app or M-PESA Pay Bill. However, as previously noted, because the interest owed is calculated based on the loan period chosen rather than the actual repayment date, there is no immediate monetary benefit to repaying early. 

LendPlus, on the other hand, encourages borrowers to pay off their loans early to increase their borrowing limits. 

You can also pay back your loan via the Lend Plus app. If you’re repaying your loan via the Lend Plus Loan App, follow these instructions. 

  • Access the LendPlus app and sign in.
  • After logging in, you’ll be brought to the “customer cabinet”.
  • Click the “payment button” and follow the prompts.
  • Wait until the M-PESA prompt appears on your screen.
  • Enter your M-PESA pin and press OK.
  • LendPlus will send you an SMS confirming loan repayment.

Also Read – Full List of Fake Loan Apps in Kenya 2024/2025

Lend Plus Loan Limit

Lend Plus has a wide choice of loan limits to meet your requirements. As you utilize the app and return your loans on time, the amount of your loan rises. 

Lend Plus’ loan limit differs from person to person because it is mostly determined by your repayment capacity and credit score. 

Borrowing amounts often range between 1,000 KES and 40,000 KES. Good repayment practices and a high credit score, on the other hand, can raise your limit and allow you to borrow more money.

Lend Plus Loan Interest Rate

Lend Plus Kenya has a representative interest rate of 2.2% per day, but it is important to note that the actual rate offered can vary based on different factors, such as creditworthiness.

Here are some more details to think about:

It is difficult to compare the real cost of loans from other lenders because Lend Plus Kenya does not show their maximum Annual Percentage Rate (APR) in public.

Before taking a loan, make sure you can afford the repayment, as short-term loans have high daily interest rates that could be very expensive if not repaid on time.

It is of great importance to completely understand the terms and conditions of Lend Plus Kenya before getting a loan. It may also be beneficial to obtain quotations from other lenders to compare rates and terms.

LendPlus Discounts and Promotions

LendPlus also runs specials on occasion to reward loyal customers with interest-rate savings. We’re not sure when or how frequent discounts are available, but here’s what LendPlus recommends. 

“We often send SMS messages with loan promotion codes. Make sure you get our SMS and use our promo code to get a discount on your interest rate,” LendPlus says.

Steps to Get Lend Plus Promo Codes?

  • Becoming a LendPlus customer
  • Allow SMSs from LendPlus.
  • Receive an SMS with a personal promotional code for a discount
  • Enter the coupon code into the LendPlus app.

How to use a Lend Plus promo code

  • Launch the LendPlus lending App.
  • Fill out a loan application
  • When applying, click the “enter promo code” link below the “get money” button.
  • Enter your promo code obtained via SMS in the form and press “apply”
  • You will get a personal reduction on the interest rate.

How to Enable LendPlus SMS to Receive Promo Codes

If you are not receiving SMSs containing promo codes from LendPlus, you may have disabled SMS mailing. 

Check to see whether you’ve blocked SMS from LendPlus. To unblock SMS mailing, call *456*9*5# or contact LendPlus customer service. 

Final Thoughts

Using the Lend Plus lending app is straightforward for anyone in need of immediate financial assistance. Lend Plus offers a user-friendly layout and a straightforward application process, making it accessible to anyone. 

The app also provides specific information about loan limits so that borrowers are fully aware of their borrowing capacity. 

Whether you need it for unexpected costs or a planned investment, Lend Plus has you covered. Thus, when you next need money, try coming to Lend Plus for a simple borrowing experience.

Frequently Asked Questions

What exactly does Lend Plus mean?

Lend Plus is a Kenyan mobile lending platform that offers users fast loans. It is one of the best and most reputable lending apps on the Kenyan market.

How can I get the Lend Plus application?

The LendPlus app may be downloaded from Google Play. You can also download the app from our website.

How do I apply for a loan with Lend Plus?

After downloading and registering, you can apply for a loan immediately from the app. The process is quick and user-friendly, and you may apply for a loan in minutes.

How fast can I acquire a loan from Lend Plus?

Lend Plus is dedicated to providing rapid loan approval. Once your application is approved, the loan amount is transferred directly into your M-Pesa account.

What is the loan limit on Lend Plus?

Lend Plus provides a wide selection of loan limitations to meet your demands. As you continue to use the app and return your loans on time, your loan amount grows.

How can I repay my Lend Plus loan?

Loan repayment is as straightforward as obtaining a loan through Lend Plus. You can return your loan straight away using the app, which allows you to do so at any time and from any location.



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Onyinyechi Ikemefuna
Onyinyechi Ikemefuna

Ikemefuna Onyinyechi Patience, a skilled Content Writer hailing from Anambra State Nigeria, holds a Higher National Degree in microbiology from Federal Polytechnic Oko, Anambra. Armed with robust research and SEO expertise, she excels in crafting articles spanning technology, finance, healthcare, education, and lifestyle. Her work stands out for its ability to authentically inspire and engage while inciting action. Beyond her writing prowess, Ikemefuna finds joy in reading, exploring movies, and delving into continuous research, contributing to her growth as a proficient writer.

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