Berry Loan App: How to Apply for a Loan in Simple Steps

The Berry mobile loan app offers a simple and fast way to get instant loans directly deposited into your MPesa account. Currently, the app is only available to MPesa subscribers in Kenya. Download and install the Berry app from the Google Play Store and register by following the easy steps to get a loan.

Berry mobile app is considered one of the best loan apps in Kenya, offering instant loans at competitive rates. Berry now allows you to borrow from as low as Ksh 1000 up to a maximum of Ksh 60,000.

You can increase your borrowing limit by consistently repaying your loans on time and maintaining a good credit history.

Berry charges a monthly interest fee of between 9% and 27%. The loan repayment period is up to 120 days, depending on your credit profile.

Read also:

1. USSD Codes for Mobile Loan Apps in Kenya
2. How to Increase Your Fuliza Limit Instantly in 2024

How to Register on the Berry Mobile App

Follow these steps to register your details on the Berry app before applying for a loan:

1. Search and install the Berry app from Google Play Store
2. Now enter your national ID number, name, date of birth, and gender
3. Open the app and allow it to access phone details such as Location, calendar, messages (for OTP purposes), photos, and media (for MPesa statements)
4. Next, enter your MPesa mobile number
5. Wait for Berry to automatically catch the verification OTP code sent
6. Enter a safe PIN you will be using to access the app

How to Apply for Berry Loan

To easily qualify for a loan from Berry, you will need to upload a full 12-month MPesa statement generated today. You can request your current MPesa statement in your email by dialing *234*5*1#.

Mobile money technology makes it simple to transact and get loans. Image by wirestock on Freepik.

Next, follow these simple steps to apply for a Berry loan:

1. Open and log into the app
2. Press the Apply Now button
3. Next, upload your current 12-month MPesa statement by pressing on Upload a File, then selecting the statement document
4. Next, hit the SUBMIT button
5. After a short while, Berry will send you an SMS with details on whether or not you qualify for a loan and the loan limit you can borrow
6. If you qualify, you can then proceed to apply for a loan which will be processed in minutes and sent directly to your MPesa.

Read: USSD Codes for Mobile Loan Apps in Kenya

How to Repay Your Loan

1. Open the MPesa menu or dial *334#
2. Select Lipa na MPesa
3. Select Pay Bill
4. Enter Berry business number 977888
5. For the account number, enter the MPesa number you used to apply for the loan
6. Enter the loan amount you wish to repay
7. Enter your MPesa PIN
8. Confirm the details and send

If you fail to repay the principal amount and facilitation fee by the due date, Berry will extend the period by a further 7 days to allow you to make the payment.

After the grace period (7 days), you will be charged a one-time late payment fee of 10% on the payable amount.

In conclusion, Berry is a genuine mobile loan app that provides instant loans without requesting registration fees. Once you meet the minimum requirements and provide the latest M-Pesa statements, getting a loan is simple and fast.

Read also:

1. Top 15 Loan Apps in Kenya for Quick and Easy Loans
2. How to Activate KCB M-Pesa and Apply for Loan
3. Equity Bank Salary Advance Loan: How to Apply and Get Approved