Haraka Mobile Loans description

Haraka is the quickest and most convenient way to get a loan while you’re on the go! Haraka can offer you access to credit; anytime and anywhere on the comfort of your mobile phone.
NO BANK ACCOUNTS OR CREDIT HISTORY REQUIRED!

GET A LOAN IN 4 EASY STEPS:
1. Create your account by logging in to Facebook
2. Agree to the use of your Phone Data
3. Choose your loan amount and click Proceed
4. Check your Mobile Wallet for your Money

HOW DOES IT WORK?
In order for Haraka to facilitate quick and easy loans we make use of the data on your phone. Credit scoring, affordability and identity verification is determined by scanning your Mobile wallet SMS transaction messages, call logs, and other phone data.
We take your privacy very seriously and never share your information with third parties without your explicit direct consent and permission, unless required by law.

DATA USE
The Haraka Mobile Loans app uses data from your mobile phone to create a loan application for you. The data is used to determine your financial and non-financial behavior, transaction history, and identify financial fraudulent activity. The data is used to calculate a mobile wallet credit score, loan affordability and loan eligibility.

The below data is used to determine your behavior.
- Contacts
- Location
- Apps installed on your phone
- Device make, model, firmware and software versions

The below data is used to determine client behavior, mobile wallet activity, affordability, and read mobile wallet transactions.

- Mobile Wallet SMS transaction messages

To apply for a loan, you must agree for the Haraka app to collect and process this data. Your data is only used for the loan application process and is not sold or re-used for other purposes. After clicking agree in the Haraka app, the app will collect the above data from your phone for this and each future loan application. This message also appears within the app.

Haraka is supported in the following countries:
Kenya
Uganda
Zimbabwe
Swaziland
Tanzania