Kviku Interest Rate: What You Actually Pay Per Month

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Kviku's interest rate is not quoted as a numeric rate on the co-branded frontend we checked. What exists instead is a single worked example on its partner frontend: borrow ₱10,000 for 90 days, and the total cost of credit is ₱7,200, for a repayment of ₱17,200. Recomputed into yearly terms, that is about 292% a year on simple math. This page checks that arithmetic and distinguishes the calculation from a quoted APR or legal finding. Product example rechecked October 26, 2026; registry evidence retains its original date.

The only price Kviku publishes

Figure Value (frontend example)
Principal ₱10,000
Term 90 days
Total cost of credit ₱7,200
Total you repay ₱17,200

Source: kvikuloan.ph, the co-branded frontend operated by Virix Labs, not the lender's own site; every figure carries that second-tier label, as documented in the Kviku review. No rate per day, month, or year accompanies the example. The stated policy: "rates depend on your credit assessment and loan term", disclosed in the agreement before signing.

The recomputation of their example

The arithmetic first. ₱7,200 on ₱10,000 is 72% for 90 days: about 24% of the principal per month, or roughly 292% a year annualized on simple math (our estimate). That is the lender's own example, not a worst case we invented.

The updated frontend example costs 72% of principal over 90 days, or 292% simple annualized. That is a comparison calculation, not a quoted APR or a legal finding. The applicability of any cap depends on the actual product and rules; ask the lender for a written disclosure and seek regulator guidance if charges are disputed.

Fees and late-payment terms

The frontend states four free items: account opening, credit assessment, disbursement, and early repayment, which "saves you interest". The processing fee is the missing fifth line, unpublished in size. On late payments the frontend declares BSP discipline: fees "capped by regulation at 5% per month of the overdue amount", with no compounding claimed.

How to read your agreement

Three moves, given one published number. Compare your total cost with the ₱7,200 example on identical money and term; a bigger ratio means a worse offer than the one Kviku advertises. Ask which rules apply to the actual amount, term, and product; this example alone is not a legal-cap test. Then convert everything to a yearly figure with our loan calculator. The methodology page has the formula. Registered alternatives with published ceilings make the comparison easier: VPlus states 18% a year, MoneyCat advertises conditional 0% interest, with fees to check.

Frequently asked questions

What is Kviku's interest rate per month?

No rate is published. The single worked example, ₱10,000 over 90 days costing ₱7,200, implies about 24% of the principal per month, roughly 292% a year on simple math (our estimate). Your agreement discloses the actual rate before signing.

Why does this page say 292%?

Because that is what the lender's own example computes to on a yearly basis, using the simple formula on our methodology page. It is an estimate derived from Kviku's published numbers, not a quoted rate.

Are such high percentages legal?

The simple annualized calculation is not a legal ruling. Whether a rate cap applies depends on the product, amount, term, and current rules. Read the disclosure and ask the SEC about a disputed charge.

Where can I see my actual rate?

In the loan agreement, before signing — that is the only place Kviku discloses it. Screenshot the disclosure screen and compare its total repayment against the ₱17,200 example.

The bottom line for borrowers

Kviku publishes one price and hides the rate behind it: ₱7,200 on ₱10,000 over 90 days, about 292% a year, a substantial illustrated cost that needs careful comparison. Read the agreement as the contract it is. The lender's registry status, verified despite the dead website, is in our Kviku review, with the license check at is Kviku SEC registered.

Sources used for this review