Introduction
CashForest loan app is one of the most reliable mobile lending apps in Kenya. CashForest loan app offers personal unsecured loans ranging between KSH. 3,000 and KSH. 50,000.
CashForest loan is one of the few genuine lending apps in the country with fake apps flooding the field.
In this article, I will tell you everything you need to know about CashForest loan app. I will reveal how to download this app, how to apply for a loan, how to repay a loan and how to contact customer care.
I will also answer some of the frequently asked questions about the app at the end of the article.
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How to download the CashForest loan app
To download cashforest loan app, all you need is a smartphone that can access the google play store. This app is only available on google playstore and not any other app store.
Visit your play store and search for the keyword CashForest in the search area. The app will appear as the first search result (it has a green logo with a white tree-like logo in the middle)
After searching for the app successfully on google playstore, proceed to download and install it before starting the process of registration.
To avoid the long process, you can go ahead to click this link which will direct you to google playstore and straight to the app’s location.
How to apply for a loan on cashforest loan app
After successfully downloading and installing the app, you can now proceed to create an account with the app. To create the account, you need the following;
- Must be 18 years old and above
- Must have a national ID or a valid passport
- Must have a Safaricom number with an active M-Pesa account
- Must have a clean CRB record
- Must be a Kenyan resident
After meeting the above qualifications, you can proceed to create an account and verify the account. You will be required to take a selfie of yourself and pictures of your national ID both front and back to verify your details online.
After the verification online, you can proceed to borrow loan within your loan limit and it will be processed and disbursed within five minutes.
How to repay CashForest loan
CashForest loan app does not have a paybill number like the other lending platforms.
You will therefore have to use your app to repay the loan and make other payments to the app (You should not delete the app after receiving your loan because you will need it to repay your loan).
To repay your loan using the CashForest loan app, log into your app and select my loan, proceed to pay my loan and enter the amount you wish to repay. Proceed to enter your phone number and enter your M-Pesa pin immediately after you receive the pop-up message on your phone requesting you to enter your Pin.
The amount will be deducted automatically from your phone to repay the loan and it will be updated on your app immediately it is received by the app.
CashForest Paybill number
Cashforest does not have a paybill number. All their payments are done on the app and deducted automatically from the customer’s M-Pesa.
CashForest Interest rate
CashForest charges an interest rate of 20% on their loans. They also offer up to 91 days (3 months) for their customers to repay their loans (you can however proceed to repay the amount early if you feel like and you won’t be penalized).
CashForest contacts
Email address: service@cashforestk.com
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