Is DHAMONEY a lender?
No. We compare lenders and refer you to their official channels.
Does it cost anything?
No. The service is free for borrowers.
Will using DHAMONEY affect my credit score?
Browsing and comparing does not. A lender may check your credit reference bureau record when you apply.
What is the difference between flat and reducing balance interest?
Flat rate charges interest on the original amount for the whole term. Reducing balance charges interest only on what remains, so it costs less at the same quoted rate.
How do I check a lender is legitimate?
Check the Central Bank of Kenya's lists of licensed banks, microfinance banks and digital credit providers, or SASRA for SACCOs.