Kashin provides online personal loans in Peru, offering amounts up to S/800 with quick digital registration and approval processes. The platform features a loyalty program that returns a percentage of interest paid for timely repayments and offers incremental credit limits for repeat borrowers. They emphasize secure, legal lending practices registered with the SBS and offer direct customer support via WhatsApp.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals in Peru lack access to quick and reliable short-term loans through formal financial institutions, especially for amounts as small as S/ 50 to S/ 800. This gap forces people to rely on informal lending sources, which often involve hidden fees and predatory practices.
Solution
Kashin is a micro-lending platform that provides a fast and transparent way for users in Peru to access small loans via a mobile application. Users can apply for loans ranging from S/ 50 to S/ 800 and receive the funds within an hour. The platform emphasizes transparency by ensuring users receive the exact loan amount requested without hidden fees and promotes user trust by adhering to a strict no-harassment policy regarding contacts.
Target Audience
The primary target audience is individuals in Peru seeking small, short-term loans for immediate financial needs, particularly those who may not have access to traditional banking services.
Features
- Mobile application for loan requests, available on Google Play.
- Loan amounts ranging from S/ 50 to S/ 800.
- Loan disbursement within one hour of approval.
- No hidden fees or commissions.
- Registered with the Superintendencia de Banca y Seguros (SBS).
- User registration via DNI in approximately 7 minutes.
- WhatsApp support available.