What is Paygrand?

Paygrand is a digital lending business. We provide instant mobile loans to underserved borrowers through partnership with officially registered SACCOs and Self-Help Groups in Kenya.

How can you register to use the service?

You can register through your Sacco, Self-help group or directly by dialing *835*55# and provide the required information. You will be contacted to provide any other documents required to finish registration.

How can you access the service?

Once registered, you can access the service by dialing *835*55# and you will get a menu with a list of services we provide.

What are the terms?

Duration periods for our loan products are Daily, Weekly and Monthly for individual loans, and Monthly, Three Months and Six Months for group loans. Interest rate starts at 0.10% for a three days loan.

Who is eligible?

Active members of officially registered Boda Boda SACCOs in Kenya can use Paygrand Service.

How do you repay?

Pay your loan by dialing *835*55# -> Select Loans -> Select Individual or Group Loan -> Enter the amount to pay -> Confirm details. You will receive Mpesa request to enter Mpesa PIN.

What are the registrations documents required?

ID or Passport

What happens when a borrower defaults?

contact

Feel free to get in touch
with our team