Choose a country
Philippines
Select a city
Select a city
Additional Information
English (PH)
Select country
Choose a country
Philippines
Canada
España
México
Philippines
United States
Việt nam
Казахстан
Россия
Україна
Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Kviku

Finanso.Multilogin™

About the lender

It is the first service that works with customers in online mode, without the help of a human operator! Its operation is fully automated

Kviku is an online lending platform that offers quick, easy, and convenient access to short-term online loans. Through its fully automated Kviku online loan service, borrowers can apply for a loan without having to go through a lot of paperwork or spend time visiting different banks.

Kviku is an automated loan evaluation and payout service established by Kviku Lending Co. INC. Kviku, based in Makati City, Philippines, was founded in 2013 and was registered by SEC in 2020. Customers can apply for a Kviku loan without any personal interactions. It is a new advanced software that can verify and study over 1800 data points about a prospect/client depending on the information on their form. The company has received over 5 million applications and issued over 1 million loans totaling $70 million since its establishment.

Pros and cons

If you have financial hardships, a loan from Kviku can be useful. It is, nevertheless, essential to educate oneself on all of the benefits and drawbacks.

Pros

  • Simple and fast application procedure.

  • It has a fully automated system. From application to payout, everything is done online without any manual interference.

  • It also offers a loan calculator. Entering your loan amount and repayment time into the loan calculator generates a detailed loan breakdown. Using this can ensure there are no unwelcome surprises along the way.

  • Personal information is kept safe.

Cons

  • When compared to traditional bank loans, the interest rate is higher, and the difference could be significant for large loans.

  • Delayed disbursements. Accessing the funds may take some time. Depending on your bank's policies, you may have to wait up to two days.

Loan conditions

Kviku loan is intended for Filipino residents aged 20 to 55. You may be accepted for a loan of ₱500 to ₱25,000 with a daily interest rate of 0.16% and a repayment period of 60 days for their installment loans. A valid government ID, a current mobile phone number, and a bank account are also required. After you make sure you meet the requirements, register on the Kviku website. Although some of these requirements are optional, achieving them boosts your chances of getting a loan. Since your first loan is authorized, you won't have to fill out the papers again for subsequent loans. Your information is already recorded in the system as a repeat borrower so that you may start the application straight away. You may be accepted for a maximum of 60 days if you are a first-time borrower. You may be accepted for a maximum of 180 days if you are a repeat borrower.

Reloan conditions

Each client has an individual loan limit set by the Kviku service. If you don't have any past-due payments on previous loans, you have the right to receive another loan within these restrictions. After paying off the prior loan, Kviku also increases the available loan limit for the borrowers at similar interest rates. Following the previous loan repayment, the next loan services will be accessible immediately.

Funding a loan

To begin your application for a Kviku loan, fill out the application form online from their website. You need to provide your name, date of birth, social security number, phone number, and email address here. That section only pertains to new applicants; if you've already submitted your information, the system already has it. In that case, you can proceed with the loan application. Your application is assessed as soon as feasible after you submit it. It is usually done within one business day. You'll receive an SMS with a code after your application has been approved. The code is used to approve the transaction, and the funds are sent to your account within one hour.

FAQ

What is Kviku?

Kviku is a popular Fintech company operational in Russia, Kazakhstan, Spain, Poland, and the Philippines focused on immediate online credit solutions. It has an online loan platform that allows Filipinos to apply for loans day or night.

Who owns Kviku?

Nikita Lomakin is the founder and CEO of Kviku.

How do you qualify for Kviku?

You may be eligible for a loan if you're a Filipino citizen aged 20 to 55 with a valid government ID. Your phone number should not have been blocked. 

How much can you borrow from Kviku?

You can borrow anything between ₱500 and ₱25,000 at an interest rate of 0.16% a day with a payment term of 60-180 days. Kviku interest rates might vary depending on your loan terms and credit score.

Is Kviku a legitimate company?

Kviku is a legitimate online loan marketplace. Kviku Lending Co. Inc., which was filed with the Securities and Exchange Commission (SEC) on January 9, 2020. In the Philippines, the company is permitted to function as a lending institution.

Company documents

Terms and Conditions
Privacy Policy

It is the first service that works with customers in online mode, without the help of a human operator! Its operation is fully automated. Any day of the week, regardless of the time, holidays or non-working days, loans are given instantly.

Kviku Lending Co. INC.

Financial products

Kviku
Kviku Online Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
500 - 25000
Rate
i

Effective interest rate on the product

up to 0.16% per day
Term
i

Loan term for the financial product

60 - 180 days

Similar products

DIGIDO
Instant online loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
1000 - 25000
Rate
i

Effective interest rate on the product

11,9% per month
Term
i

Loan term for the financial product

3 - 6 months
MoneyCat
Instant cash loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
500 - 20000
Rate
i

Effective interest rate on the product

11,9% per month
Term
i

Loan term for the financial product

3 - 6 months
HC Consumer Finance Philippines
Home Credit Cash Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱10,000 minimum loanable amount
Term
i

Loan term for the financial product

up to 36 months
HC Consumer Finance Philippines
Home Credit Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
RCBC
RCBC Personal Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱50,000 - ₱1,000,000
Rate
i

Effective interest rate on the product

1.3%
Term
i

Loan term for the financial product

up to 36 months

Kviku loans calculator

Calculate loan payments in Kviku. Loans calculator will allow you to calculate an approximate payment schedule for the loan

Kviku calculator
Interest rates are given in accordance with the rates of the Kviku in Manila as of 03.10.2022
Loan amount
i

Enter the desired loan amount

PHP
PHP
500 ₱
25000 ₱
Loan term
i

Specify the loan term for the calculation

days
months
60
180
City

What to pay attention to when applying for a loan at Kviku?

Recommendations

What distinguishes Kviku from a bank:

Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All Kviku’s reviews by October 2022
Leave feedback

Similar companies

Bayad
Business Solutions Center Meralco Complex, Ortigas Avenue 0300 Pasig City, Philippine
+632 8672-5777
GCash
internet only
MOTOPAWN
RABAYA ST. KIMBA CANSOJONG, Talisay, Philippines
+63 949 376 6445
BHF Pawnshop
974 Gen. Kalentong St. Mandaluyong City Metro Manila
(02) 534-5993
PTS Gadget Pawnshop
691 Tandang Sora Ave, Matandang Balara, Quezon City, 1119 Metro Manila
+63 915 505 7703