Umba

Umba
Umba allows users to apply, drawdown and repay loans directly from their smartphone. Once an individual is verified, we make lending decisions based on an assigned risk rating.
What do people use Umba for? Plenty of things, like:
Getting a Mobile Money Loan
Apply mobile money loan in seconds. Receive mobile money to your M-Pesa account.

Finance a Utility Bill
Add your utility accounts in the Umba App and finance your utility bills! Pay for water, electricity, internet, and more.
Transferring Money
A secure and fast way to send money! Pay Utility Bills in other countries with a few taps.
Earn N250 for every friend you refer to Umba!

IT'S EASY TO GET STARTED
Create your account
Apply in seconds
Receive an Umba Loan
Increase your loan limit every time you repay a loan on time

KEY UMBA FEATURES: LOANS ARE JUST A TOUCH AWAY
Umba puts you in control of your finances. The Umba app lets you apply for credit on the go and it works 24/7.
No paperwork, collateral or office visits needed
You can use your Umba loan to send money directly to your M-Pesa account, to merchants, or utility providers
No late charges or rollover fees
Get access to bigger loans, lower fees, and flexible payment terms as you repay
Loans are approved and disbursed quickly
Get access to credit to build the life you want -- for your business, your home, your family, your life.

REFERRAL PROGRAM
Get N250 free every time you refer friends and family to Umba using your unique referral link or UmbaTag. The person you referred will also receive N250. Grow your wealth and the Umba community!

RATES AND FEES
Loan amounts and interest rates vary by country.
Limits and fees on transactions vary based on type of transaction including transaction history, payout location, payment instrument, and delivery method.

Kenya
Loans are not active in Kenya.

Nigeria
Minimum and maximum period of repayment: 62 days
Maximum APR = 10%
Additional fees: None
For example, for a loan with a principal amount of 10,000 Nairas, there is an applicable fee of 10% (1,000 Nairas) and the total amount due would be 11,000 Nairas.
No late fees, rollover charges or origination fees. Currently our amounts range from 2,000 to 30,000 Nairas.

CONTACT US
We love hearing from our customers so please let us know on the details below if you have any questions or comments.
Questions? Our Customer Experience Team provides excellent support for your financial needs, from 8AM-5PM, Monday through Friday. Message us within the app and receive an answer in minutes!
EMAIL: [email protected]
FACEBOOK: facebook.com/umbamobile
WEB: www.umba.com