OKash loan app, one of the top microlending applications in Kenya, won the award of the best Mobile Loan Platform of 2019 at the 3rd Digital Tech Excellence Awards. On December 2020, OKash would win the same award once again.
This particular award basically recognizes the outstanding positive impact the microlending apps have had on the everyday life of their users in Kenya.
Therefore, for OKash to win the award for two years in a row in a market flooded by hundreds of similar loan apps, is perhaps the strongest evidence of the impact it has had on Kenyans day-to-day lives.
But why, one may just wonder?
Well, OKash has over the short period of its operations in Kenya, packaged itself as an innovative mobile microlending application that enables easy, fast and secure access to short term loans. The app utilizes artificial intelligence (AI) technology to analyze the purpose of the loan as well as the repayment behavior of the user.
Additionally, OKash offers competitive interest rates for short term microloans and is growing its success with increasingly cheaper interest for repeat customers.
OKash also makes it easy for Kenyans to access credit anytime and anywhere, the reason why it is ranked among the most popular applications in Kenya with above 4-star average user rating in Google Play.
And it is all crystal clear why, if how users have been reviewing the app as recently as this January, is anything to go by.
