KVIKU Loan: Reviews of the Philipinnes’ Online Finance App (2024)


KVIKU Loan has emerged as a popular choice for individuals seeking quick and convenient access to cash in the Philippines. In this comprehensive review, we will delve into the various aspects of KVIKU Loan, including its application process, loan conditions, pros and cons, interest rates, repayment options, and customer service. By the end of this article, you will have a clear understanding of what KVIKU Loan has to offer and whether it is the right choice for your financial needs.

KVIKU Loan: Reviews of the Philipinnes' Online Finance App

Summary of KVIKU Loan

  • Review: KVIKU Loan has received positive feedback.
  • Guide: Step-by-step instructions to apply for an online loan from KVIKU in the Philippines.
  • Loan amount: Ranging from 500 to 25,000 PHP.
  • Age requirement: Individuals between 18 and 65 years old.
  • Loan term: Flexible repayment periods between 60 and 180 days.
  • Interest rate: 1.2% per month.
  • Pros: Easy loan application process.
  • Cons: First-time borrowers do not enjoy zero interest.
  • Effectiveness: KVIKU Loan has proven to be a reliable financial solution.
  • Bad debt: KVIKU Loan allows borrowers with previous bad debt.
  • Feedback: More information available in this article.
  • KVIKU App download (APK): https://kviku.ph/

What is KVIKU?

KVIKU is an online loan service in the Philippines, fully automated and developed by KVIKU Lending Co. INC. The platform operates 24/7, offering an automatic approval system based on customers’ profiles and credit histories. Borrowers can access loans ranging from 500 to 25,000 pesos. First-time borrowers can opt for a repayment period of up to 2 months, while repeat borrowers have the flexibility of repaying the loan within 6 months.

Pros of KVIKU Loan in the Philippines

KVIKU online loan provides several advantages to borrowers, including:

  • 100% online transactions, offering loans for various purposes.
  • Simple registration process, requiring only one government-issued ID and no proof of income.
  • Convenient registration anytime, anywhere, even outside office hours, weekends, or holidays.
  • Quick loan approval and same-day disbursement directly into the borrower’s bank account.
  • Transparent loan terms with no service fees or hidden charges.
  • Legitimate operations, ensuring the confidentiality of borrowers’ personal information.

Cons of KVIKU Loan App

Despite its numerous advantages, KVIKU Loan has a few drawbacks, including:

  • Limited loan amounts, suitable for smaller borrowing needs.
  • Relatively short repayment periods, with a maximum duration of 180 days.

KVIKU Loan Interest Rate

The interest rate for KVIKU finance loans averages around 0.16% per day. However, the specific interest rate applicable to borrowers depends on their personal profile, credit score, and the loan amount they wish to borrow.

Example of KVIKU Interest Rate Calculation

To illustrate how the interest rate is calculated, let’s consider a customer applying for a 10,000-peso loan through the KVIKU online loan app in the Philippines. Assuming a 2-month repayment period and an interest rate of 0.16% per day, the calculations would be as follows:

  • Principal amount payable in one month: 5,000 pesos.
  • Interest payable in one month: 10,000 x 0.16% x 30 = 480 pesos.
  • Total amount payable in one month: 5,480 pesos.

KVIKU Loan Requirements

To be eligible for a loan from KVIKU, applicants must meet the following conditions:

  • Be Filipino citizens between 20 and 55 years old.
  • Possess a valid government-issued ID.
  • Have an active, unblocked phone number.
  • KVIKU First Loan: For the first loan application, borrowers must provide all the necessary personal information as required by the system. Additionally, they need to present at least one valid government-issued ID. Optional supporting documents, such as payslips, ITR, COE, or company IDs, can be provided to increase the chances of a higher and faster loan approval, particularly for self-employed individuals or enterprises.
  • KVIKU 2nd Loan: Repeat borrowers at KVIKU only need to log back into their account, select the desired loan amount, and submit the loan application. The loan will be automatically approved.

Step-by-step Guide to KVIKU Loan Application

The application process for a KVIKU loan involves the following steps:

  • Step #1: Choose Loan Limit and Duration: Visit the KVIKU homepage and select the desired loan amount and repayment period based on your personal needs.
  • Step #2: Fill in Personal Information: Complete the KVIKU application form by providing your full name, date of birth, gender, ID number, email, and phone number. Agree to the terms and conditions, then click continue.
  • Step #3: Confirmation Number: Receive a code via SMS and enter it to verify your phone number. The system will then confirm the loan amount and duration.
  • Step #4: Money Transfer: Enter your own bank account details to receive the loan disbursement.
  • Step #5: Wait for Disbursement: The system will notify you when the loan amount has been sent to your bank account. Depending on your bank, it may take 1-2 business days to receive the funds.
  • Step #6: Check Loan and Payment Information: You can easily check your loan information by logging into your personal account on the KVIKU website. Details such as payment time, amount, and information will be displayed.

Note: It is crucial to make timely loan repayments to avoid any potential harassment from KVIKU.

KVIKU Loan Repayment Options

There are four ways to repay a KVIKU loan:

  • Option 1: Pay by bank card using the Dragonpay payment gateway.
  • Option 2: Pay via bank transfer to the designated KVIKU LENDING CO INC account at UnionBank.
  • Option 3: Pay in cash at authorized payment centers, such as GCash, Cebuana Lhuillier, LBC, Bayad Center, Robinsons, and SM Department Stores.
  • Option 4: Pay through GCash using the DragonLoans option.

Comparison of KVIKU Loan App with Other Loan Apps in the Philippines

To provide a comprehensive understanding of KVIKU Loan’s offerings, here is a comparison with other popular loan apps in the Philippines, including Crezu and Digido:

Loan App Kviku Loan Crezu Loan Digido Loan
Loan Amount PHP 500 – PHP 25 000 PHP 1000 – PHP 25 000 PHP 500 – PHP30 000
Interest Rate 4,8%/month 1% -3%/month 12%/month
Loan Term 2 – 6 months 2 – 4 months 3 – 6 months
Loan Age 20 – 55 years old 18 – 70 years old 21 – 70 years old
Process Time 5 minutes 5 minutes 5 minutes

KVIKU Customer Service

For any inquiries or complaints, KVIKU Lending Co., INC. can be reached at the following address:

  • Address: 18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village, Makati City, Philippines
  • Email: support@kviku.ph.
  • Facebook: https://www.facebook.com/KvikuBankPH


KVIKU Loan has established itself as a reliable online loan service in the Philippines, offering quick and hassle-free access to cash. With its user-friendly interface, transparent terms, and efficient loan disbursement process, KVIKU has gained the trust of many borrowers. However, it is essential to carefully review the loan conditions and ensure timely repayment to avoid any potential issues. Whether you need extra funds for emergencies or personal expenses, KVIKU Loan could be an excellent option for your financial needs.

5/5 - (6 votes)
cashexpress Changed status to publish July 4, 2023