Retail Innovations
Posted on February 15, 2016

Revuka

ID-100296994
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Revuka is a price comparison website that enables one to compare the general cost of accessing a variety of financial
products such as mortgage, insurance, credit cards, and loans in Kenya. Revuka does not charge a fee for shopping around for loans on a consumer’s behalf. On disbursement of the loan, revuka.com will receive a one off 1.5% placement fee. E.g. if they place a loan on the consumer’s behalf for Ksh 1,000,000, the amount borrowed will be Ksh 1,015,000 (consumer will receive Ksh 1,000,000 and Ksh 15,000 will constitute the placement fee). This is the equivalent of a 0.3% charge per annum for a five year loan.

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