Tala-600x300

Its a tough struggle especially for the many unemployed Kenyans who mostly live from hand to mouth or have an unsteady income. Nothing is guaranteed for this lot who neither own bank accounts nor have the safety of formal jobs guaranteeing them loans whenever they fall into tough times.

Due to this predicament, they are usually at the mercy of unscrupulous shylocks who charge ridiculous interest rates on the money they lend to these individuals. However, thanks to technology one can easily secure a loan without having to step inside a bank, fill mountains of paperwork or provide security or guarantors.

Advertisements

Welcome to the world of mobile micro-loans, these are safe, unsecured loans offered by various institutions to help out during those tough financial difficult times. Here are a few of such services offered in Kenya in case you are ever in need of a small loan and also check out 7 sure ways to qualify for/increase your mobile loan limit

Gone are the days whereby you would need to attach a whole briefcase of documents in order to secure a loan. Nowadays, its all made easy through our mobile phones via use of mobile money lending apps.

These loan apps do not need collateral or a chain of guarantors in-order to disburse emergency mobile loans at their users’ requests. Although the Google Play store is overrun by numerous apps claiming to offer loans, not all of them back their statements.

Advertisements

Below is a summarized list of mobile money lenders who actually disburse loans straight to your MPESA upon attaining their various requirements. Also, we have provided the minimum and maximum loan amounts, repayment periods, rates as well as their respective Paybill numbers.

Sign up below to get notified of new mobile loan apps straight to your inbox!

 

NOTE- To further increase your chances of being offered a loan, kindly input the provided registration codes below during registration.

Advertisements

 

    • Berry*– BM43PHT0
    • Branch*– s6m3k5
    • LoanBee*– SW7E6M8TQL
    • Zenka*– EK6P
    • Okash*– ACEXKN
    • Haraka*– 3VHT1SM
  •  

 Min
(Ksh)
Max
(Ksh)
DaysRatePaybill
Afrika Loan     
Bayes80030K14/3014-24%599862
Berry50050K308-15%977888
Branch25070K30/6013-29%998608
Carbon40050K 15% 
CashNow2K50K145-30%942312
Cash Xpress     
EazzyLoan     
ExtendMoney     
FlashPesa     
Fuliza170K30  
Haraka50050K3023.45%817910
HelaPesa     
HF Whizz1K50K18010%100400
HiKash     
Ipesa1K50K1416%192010
Kakitu30010K2/257-30%221765
Kashway     
Kava     
KCB Mpesa501M307.05% 
KopaDoh     
Kuwazo50030K30/6014-20%149719
LionCash50070K15 309517
LoanBee10040K21/3016-18%923745
NCBA Loop     
L-Pesa10070K713-29%715489
MCoop Cash     
M-Fanisi20025K3010% 
MKey30050K301-9%778588
Mombo     
MoKash1K30K720%4023691
Mshwari10050K307.50% 
Okash2.5K50K9216.80%612224
OkoaMia100900510%519608
Okolea600250K2-285-15%245316
OkoaThao     
Opesa2K10K9216.80%606280
PesaFlash2K50K2115.4-21%623333
PesaPata     
PesaZone     
Pezesha50020K308-25%898927
Saida60025K307.5-22%998608
Scoppe     
Senti50040K14/3017-22%517910
Shika50020K3015%811655
Sotiwa1K20K3020%568666
Stawika20030K2121.44%830685
Tajiri20030K7/14/21/287-40%784221
Tala50030K21/305-15%851900
Timiza50100K306.08%300067
Tufaa1K70K 15% 
Ubapesa50070K  144966
Umba     
Zash loan50050K7/1420%733555
Zazipay1K25K1/7/14/305-15% 
Zenka50020K1-30%29%979988

 Want to get notified of new mobile apps? Get Alerts straight to your inbox!

 

  •