Letshego Group has been a financial game changer to many people as the company offers fast and affordable loans. Before making any final decision when applying for a loan, you should familiarize yourself with the requirements, application process, and terms. In this article, you will learn about Letshego loan requirements, the application process, and anything you need to know about the company.

About Letshego

Letshego Group, a Botswana public-listed company, has grown its base in Kenya among other African countries. The company supports small and micro-entrepreneurs with business loans. Letshego Kenya opened its doors to the public in 2011 currently serving thousands of customers in various branches. Letshego loan application requires that your employer has An MOU with them. This is a disadvantage to some people however on the positive side, they have long repayment tenure.

Letshego Loan Requirements

To qualify for a loan with Letshego, you need:

• Your national identity card or passport
• At least three of your latest payslips
• Latest bank statement of your salary account
• Your signed application form
• An employment confirmation letter from your current employer

Your salary and additional allowances, among other factors, play a major role in the eligibility of your loan application.

Check Your Eligibility for a Letshego Loan

First, make sure you qualify for a Letshego Payroll Loan before applying.

• Go to https://www.letsgo.letshego.com/
• Click ‘Get Started’ on Check your Eligibility
• Select your Country and enter your phone number
• Read both the Terms and Conditions and Privacy Policy before you click to agree
• Click Verify to receive an OTP on your registered mobile number
• Enter the OTP that you have received on your phone and click Verify
• Provide your email address and click Proceed
• Setup a password and proceed to LogIn

You can use either your phone or email address to login

On your dashboard, click LetsGo Borrow

The website will ask you to confirm if you have any existing loan products. Enter your national ID. If you don’t have an existing loan, you will get a response like this:

Letshego Loan Application

Loan applications are done online. The process is simple and straightforward. To apply:

• Log into your account on the website
• Go to LetsGo Borrow
• Select either Payroll Loan or Business Loan depending on the product you want
• Complete the KYC details
• Upload the necessary documents
• Read the declaration section and click YES to accept
• Enter your referrer
• Input your name as a signature
• Click Finish

It takes 48 hours for disbursement to be done when you meet the Letshego loan requirements.

Letshego Loan, Interest Rates, and Repayment

• You can apply for a minimum of Ksh 3,000 up to Ksh 3,000,000
• The interest rate ranges from 0 – 50% depending on the servicing time
• Repayments can be done daily, weekly, or monthly depending on the amount you qualified for when applying

LetsGo Cash

Letshego Kenya, in partnership with CreditInfo Kenya, launched the LetsGo Cash app to make it quick and easy for customers who need emergency funds to access their services. LetsGo Cash offers a minimum of Ksh 1,000 and a maximum of Ksh 100,000.

The repayment period is only 30 days. Like any digital lending platform, you can access this short-term loan anytime and anywhere. You can download the app on Google or Apple Play Store. You can also access it via the USSD code, *435#, and follow the prompts.