Ezua Chapaa has partnered with Mastercard allowing you access cash when you need it via the Ezua Chapaa credit card or on mobile which you can withdraw and repay hassle-free. You unlock a higher limit upon good repayment.
We have a turnaround time promise of 24 hours on all our products and services.
We strive to always deliver on our promises.
We believe in structuring effective solutions to meet your needs.
There are no hidden charges in our fee structures.
Similar to Safaricom’s/Mpesa’s “Fuliza”, USSD Credit Card is a Revolving Credit Facility in which you will be given a credit limit from which you can withdraw the amount he needs at his/her liberty. Any unutilized amount or repaid amount shall be used for further withdrawal by the client.
If you have been given a credit limit of Sh. 20,000 and you withdraw Sh.5,000, the amount available for further withdrawal is Sh.15,000. Interest will accrue on the outstanding Sh.5,000. If the you pays say Sh.3,000, the available limit for withdrawal shall be Sh. 3,000 (the repaid amount) +Sh.15,000 (the initially available amount) = Sh.18,000. The amount that shall accrue interest is the remaining Sh. 2,000 (Sh.5,000 – Sh.3,000) and the cycle continues on and on until the client pays off the facility.