Just like Branch, Saida is a mobile loan provider. The guide below provides on how to download, register, and get saida loan to your mpesa online the same day/instantly.
Saida loan requirements
To get a loan with this microfinance company, you must meet all their requirements. You need to satisfy the following conditions:
- Be 18 years old and above.
- You should not be in the CRB list of credit defaulters.
- Have a smartphone with the Saida loan app installed.
- Use mobile money services like Airtel Money and M-Pesa frequently and at least once every two days.
- Have an income that is capable of paying back the loan you intend to borrow.
- Receive and make calls, send SMS and also use data services frequently.
If you satisfy the above conditions, then you can go ahead to apply for a loan.
Saida loan application process
Follow the procedure below to successfully apply for a loan. After you have already downloaded the Saida loan app, follow these steps in order to complete your Saida loan online application process.
- Launch the app. This can be done by navigating to your app list menu then scrolling down to click on the Saida loan app.
- Select the 'Get Started' option. Upon launching, its homepage will display a welcome message thanking you for trying them and also giving you some guidance. Below the message, there is a ‘Get Started’ button, click on it and move to the next step.
- Enter your mobile number. Next, a text box prompting you to provide your phone number will appear. Make sure that you give the number you actively use or the one you wish the loan to be sent to. After entering it, press the 'Next' button.
- Create an account. Since you are new to the platform, you will be required to register your details. So, if a popup appears requesting you to create an account, just click on the 'Next' button to get started.
- Fill in your details. Saida will prompt you to enter some personal information like your full name, ID number, and so on. Upon finishing this, click next to complete your registration. After successful registration, you will be taken to the app’s homepage where you can check if you are eligible to get a loan.
- Check your loan eligibility. This can be done by pressing the ‘Check Now’ option available on the homepage. You will then be taken to a different page. Here, you will be required to fill in more personal details.
- Complete the sentences appropriately. Choose the correct choices and avoid providing wrong information then select the range of loans you want.
- Click on the 'Check If I Qualify' option. The app will load to send some information then take you to another window. Now, wait for the results.
- Choose the duration of repayment. Once you are authorized to receive the loan, you have to select the period you will take before paying the amount fully. It is not a must that you pay all of it at once; you can opt to pay in small installments.
- Accept the terms and conditions. This can be done by checking the box just above the accept button.