Frequently asked questions
I want to be a 269 agent. I understand that I can earn up to Kes. 200,000 per month. However it sounds too good to be true...
You will earn your commissions when you lend money to your clients. Become a Pesa Pata agent today and experience your extra income.
I have the entry fee. I do not want to lend the money myself...
In Kenya, half of the working population is unemployed. You may decide to create an impact by providing job creation for someone who is unemployed. You can put up the entry fee amount and get them to operate the account. You will then split the commissions with the person whom you have employed. For example, if you put up a entry fee amount of Kshs 5,000-the commissions you should get per month are Kshs 1,600. You may decide to give Kshs 800 to the person operating the account. The Pesa Pata platform has automated this process and has the capability to give you the full view of your accounts and respective clients.
I want a loan from 269...
You can also earn by borrowing money from Pesa Pata. As a 269 agent, you can lend money to other people AND at the same time borrow money from the platform. You are able to earn at the same time
I am very interested in becoming a 269 agent. I do not have the initial entry fee...
Upon expressing interest, Pesa Pata may get you an angel investor to put up the entry fee for you. This means splitting the commission with the angel investor. The investors typically start off with a entry fee amount of Kshs 5,000. Upon success, the investors will then continue to top up your entry fee amounts.
Is entry fee refundable?
How do I become a member of this system?
I have been an active 269 agent. I don't have the resources to add an aditional entry fee...
The company will assist you to look for angel investors who may decide to top you up with the entry fee you seek. Angel investors look out to invest in agents who have demonstrated commitment and have a good track record.
I need an agent to whom I can borrow a loan from...
The FAQ title can be adjusted in the settings tab of the App Settings. You can also remove the title by unchecking its checkbox in the settings tab.
How much do I need to invest to become a 269 agent?
What is the procedure of getting a loan?
Who we are..
We have won several accolades. In 2013, we were recognized as the winner of the CIO Plus awards for best innovation in the Financial Services Sector. We have been approved by Central Bank of Kenya as a Credit Provider as per caption 23(2) of the Credit Reference Bureau Regulation 2013. We have recently been awarded the ISAQ Award in the Gold Category on the basis of the criteria of the QC100 Total Quality Management Model
What is Peer to Peer lending?
How do I access loans from PesaPata?
To access a loan from PesaPata you need to download the PesaPata app on Google Play Store. You are then required to complete the registration process after which you can place your loan request through the "Borrow" option and receive the funds after successful loan evaluation and credit limit assignment.
How do I repay my PesaPata loan?
To make a repayment, follow these steps:
1. Navigate to MPesa in your Safaricom menu on your phone
2. Select Lipa na M-PESA
3. Choose the Paybill option
4. Enter the Paybill number 315055
5. For account number, enter your MPesa number on which you received your PesaPata loan
6. Enter your repayment amount
7. Enter your M-PESA pin
8. Confirm that all details are correct and press ‘OK’.
I would like to be a lender on PesaPata..
To be a lender on the PesaPata platform, you are required to deposit a minimum investment of Kes. 2,500 only which will serve as the principal amount on loans disbursed to borrowers.
How do I fund my mobile PesaPata wallet?
To fund your mobile PesaPata wallet with your desired investment amount;