Econet Group




Q1: What is Kashagi?

This is a micro-loan facility from EcoCash and Steward Bank allowing subscribers to request a loan on the go via their mobile phone.

Q2: What do I need to qualify for a Kashagi loan?

One must be an active account holder with EcoCash and Steward Bank.

Q3: Are there limits when it comes to loan application?

Yes. Limits are determined by each customer's transaction capacity. Different customers have different limits.

Q4: What is the interest rate for a Kashagi loan?

At the moment there is no interest levied on loan repayment.

Q5: What is the admin fee for loan processing?

The admin fee is 25%

Q6: What is the loan repayment period?

The repayment period is thirty days

Q7: Can I check my loan limit before requesting?

Yes. Simply dial *151*6#, select Kashagi and check loan limit.

Q8: Can I apply my loan in parts or its all at once?

Yes part-requests are possible.

Q9 How many times can I apply for a loan in a month.?

As long as you repay your previous loan you can request a new loan anytime.

Q10 Can I get a Kashagi loan statement?

Yes the EcoCash statement shows all the loan credits done.


Find out the Kashagi Terms & Conditions