How it
Works

We give you loan, using items like laptop, TV, Fridge etc as loan security
When you pay back the loan, you pick back your item!

art-images
M🍐Peyas

Kichenware

artists
Pawn Loan
Register
art-images
M🍐Peyas

Officeware

artists
Loan on Items
Register
art-images
M🍐Peyas

Laptops

artists
Instant Loan
Register
art-images
M🍐Peyas

TV, Sound

artists
Quick Loan
Regiser
art-images
M🍐Peyas

Smartphones & Tablets

artists
Emergency Loans
Register

Why M🍐Peyas?

We are a professional pawnshop
We offer 20% Interest rate for 10 days, Renewable
SMARTPHONE loans are for 7 Days ONLY, Renewable.

  • Assests

    20%

    Interest Rates

    We offer 20% loan interest

  • growth-rate

    10Days

    Loan Period

    Our loan lasts from 10 Days and more. However the longer you stay, the more interest you will pay.

  • capitals

    Renew

    Renew Every 10 Days

    When the 10 days expire, you can pay interest only to renew for another 10 days. Smartphone loans are only 7 Days

  • creators

    10k

    Loan Limit

    We issue emergency loans against items from ksh500 to ksh10,000. Maximum loan for smartphones is ksh1,500

graphic-shape graphic-shape graphic-shape graphic-shape
statue

How to Apply

Our loans are instant, apply in 3 easy steps

  • STEP 1 Create your account
  • STEP 2 Get verified at our store
  • STEP 3 Your item is valued, we hold it
  • STEP 4 Sign loan agreement
  • STEP 5 Loan issued to your MPESA
  • STEP 6 Repay loan & pick item or Apply again online.
Get Started
graphic-shapes graphic-shapes graphic-shapes

Want Urgent Loan

Are you in urgent need of funds? We got your back
Give us a call now, or create account to start

Create Account
faq-img floating icons floating icons floating icons floating icons

FAQs

Here are some of the frequently asked questions

  • What is Pawn? What are Loan on Items?
    A pawn is a means to get the cash you need. Pawn is taking a loan using your item. You bring in an item, and leave it with us as collateral, we offer you instant loan that you pay back in 10 days, renewable (loan) amount. You can renew this loan as many times as you need and we will work with you during the process. We offer loans from ksh500 upto Kh10,000.
  • How do you determine the value of an item?
    We determine the value of the item(s) based on in-store, auctions, and prices online. The easier the item is to value, the easier it is to loan on. We determine the value of your item by current market prices.
  • How Much Loan do you issue?
    We issue loan on items starting from Ksh500 and maximum Ksh10,000. Smartphone loans are between Ksh500 and Ksh1,500/- maximum.
  • What is your loan period? How long?
    Our loans are for a period of 10Days. Smartphone loans are for only 7Days. However you can always renew loan to extend loan period. For example, if you take a loan of Ksh1,000 at 20% interest, you are required to pay back ksh1,200 after 10 days (1,000bob principal and interest 200bob). However, sometimes you may not have ksh1200 after the 10days. We allow you to only pay FULL interest of ksh200 and we add you another 10days. You can do this severally until you get the whole amount and pick back your item, or apply for a new loan.
  • What happens if I dont pay loan/pawn on time?
    At MPEYAS, when your loan has 4 days left to expire, we send text SMS and email reminders every day until the due date. We also have an app which allows you to pay and monitor your pawn loan(s) and balance. If you do not pay back your loan on DUE date, or if you do not renew loan for another cycle, we will take possession and put your item on auction for sale.
  • What happens if I dont pay my pawn?
    We will put your item up for sale. This all depends on the item and your communication with us.
  • Do you check my credit rating to get a loan?
    No credit check is required.
  • What Items do you refuse?
    We only take fairly used items in perfect working condition. We do not accept any dumping. We do not accept stolen items, we report such items to police. We do not take guns, or gold, we do not take old items without value, of course we love true vintage items!
  • What Items can I pawn?
    We loan/pawn on any items with value, fairly used electronics, executive office furniture, household items, sofa set, dinning table, television, TV, good beds, kitchenware, cooker, oven, fridge, freezer, empty gas cylinder, microwave, mountain bikes, officewares, printer, office chairs, office tables, cabinets, gaming system and tools, autos and large items.
  • What are the interest rates?
    We offer 20% interest for 10 days, renewable.
  • What is mpeyas loan renewal?
    By renewable, we mean if the day you are supposed to repay the loan reaches and you do not have the money, you can pay interest only and we give you another 10 days. You can renew loan as many times as you want.
  • Do most customers lose their items/collaterals for loan?
    On average, 80%+ percent of all loans are repaid. Repeat customers make up much of our business. Some customers borrow against the same items regularly. If the borrower chooses not to repay the loan and interest charges, we must try to recover our investment from the item left in pawn. We prefer that customers return for their property.
  • Are pawn shops regulated?
    Yes. Government have regulated the pawn industry for decades. In addition, local authorities oversee licensing and regulation of most pawnbrokers.
graphic-shapes graphic-shapes graphic-shapes

Are you Stuck?

Whaterver the situation, We got your back
Give us a call now, or create account to start

Get Started Now