Your Credit Score

At L-Pesa, we have developed a credit score system to enable those who pay back their loans on time access to more funds when they need them. We use this score to differentiate our high-risk customers from our low-risk ones. If you are a low-risk customer and are able to increase your credit score consistently, then you are able to take advantage of a range of value added services. Our credit score system is based on a weekly repayment rate. When you start using our service with your first loan, your credit score is at zero. Each time that you complete a payment on time, your credit score goes up by one point. You will have five weeks to complete the payments for any loan and you end up with credit score of 5.

Once you have completed the payments, you are eligible for a higher loan. For each week that you complete the payment on time, you receive another credit score of one.

The credit levels you can achieve are as follows:

$1 First-Time Customer – Credit Score of 0 – 5
$10 to $100 Seasoned Customer – Credit Score of 13 – 196
Above $100 Preferred Customer – Credit Score of 206 and above.

When you reach a credit score of 100 or more, you become a preferred customer and are eligible for a range of benefits from L-Pesa.

Customer Status	Credit Score	Loan amount	Days	Weeks
Seasonal Customer	0	$1	63	9
Seasonal Customer	0	$2	63	9
Seasonal Customer	0	$3	63	9
Seasonal Customer	0	$4	63	9
Seasonal Customer	0	$5	63	9
Seasonal Customer	6	$6	63	9
Seasonal Customer	8	$7	63	9
Seasonal Customer	10	$8	63	9
Seasonal Customer	12	$9	63	9
Seasonal Customer	14	$10	63	9
Seasonal Customer	16	$12.5	63	9
Seasonal Customer	18	$15	63	9
Seasonal Customer	20	$17.5	63	9
Seasonal Customer	25	$20	63	9
Seasonal Customer	29	$25	63	9
Seasonal Customer	33	$30	63	9
Seasonal Customer	50	$40	63	9
Gold Customer	55	$50	63	9
Seasonal Customer	60	$60	63	9
Seasonal Customer	60	$70	63	9
Seasonal Customer	65	$80	63	9
Seasonal Customer	70	$90	63	9
Seasonal Customer	75	$100	63	9
Seasonal Customer	75	$150	63	9
Seasonal Customer	75	$200	63	9
Seasonal Customer	75	$250	63	9
Seasonal Customer	75	$300	63	9
Seasonal Customer	75	$350	63	9
Seasonal Customer	75	$400	63	9
Seasonal Customer	75	$450	63	9
Seasonal Customer	75	$500	63	9
Seasonal Customer	75	$600	63	9
Seasonal Customer	75	$700	63	9
Preferred Customer	150	$800	63	9
Preferred Customer	175	$900	63	9
Preferred Customer	200	$1000	63	9
Preferred Customer	225	$1500	63	9
Preferred Customer	250	$2000	63	9
Preferred Customer	250	$2500	63	9
Preferred Customer	250	$3000	63	9

Defaulting on your loan

If you default on your repayments, or you make a repayment late, you will lose one credit point for each week. Should you miss or delay 10 repayments in a row, your credit score will automatically change to zero, and you will have to wait a one full year to be able to build your credit score from scratch and only after you clean your previous loan.

Your Credit Score

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Your Credit Score

The credit levels you can achieve are as follows:

Defaulting on your loan

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