Help Centre
How repayment works for ASF Express
See how you repay Avenews when the period ends
Repayment for ASF Express is simple. You pay Avenews directly at the end of your financing period.
How it works
At the end of the financing period, you pay the full amount due
You pay the principal you drew, plus the markup
There is one repayment, not several installments
You pay Avenews directly through the channels we provide
When repayment is due
Your repayment date is the disbursement date plus the financing period. For example, if we sent the money on 3 March and your period was 30 days, your repayment is due on 2 April.
Worked example
Drew: KES 850,000
Period: 30 days
Markup: KES 58,650
Total repayment due at the end of the period: KES 908,650
What happens after repayment
Once you repay in full, your limit is restored. You can submit your next Funds Request when you have your next invoice.
What if you cannot repay on time
If you think you may be late, please contact us as early as possible. We would rather work with you than have your account become overdue. See the Repayment articles for the late repayment terms specific to ASF Express.