Zenka loan finder and guide

If you are asking, where can I get a mobile loan in Kenya? Well, here is a list of loan apps in Kenya 2019.

We are living in exciting times where you can get everything from the palms of your hands, including obtaining credit.

This article will review all the loan apps in Kenya available today. If an app is missing, kindly suggest in the comments below or send me details and I will review it.

Technology has made it possible to do things that seemed unthinkable about five years ago. We all know how bureaucratic getting a loan from a bank was back then. But now with the innovation of loan apps in Kenya, your loan is just a phone away.

Top loan apps in Kenya

Let’s dive into the details of each Mobile Loan App
1. Branch Loan App

The first loan app in Kenya to review is Branch. A popular app that was introduced to Kenyans in 2015 by Branch International. Branch is not only available in Kenya but can be found in Tanzania and Nigeria.

The mobile loan app gives its users loans up to KES 50,000.

To get started on Branch App, you download the App from Google Play store, use Facebook to signup and login and automatically you will know if you qualify for a loan or not. If you are approved for a loan, you will receive it through M-Pesa.

For more information about Branch, check out this article on Branch loan App.
2. Tala

Tala was initially known as Mkopo Rahisi and rebranded to Tala. They offer loans up to 30,000, and the loan is disbursed through M-Pesa. They pride themselves in giving loans in less than 5 minutes, and you will build your credit up to the maximum amount by repaying your loans in time.

Tala App has more than 1 Million downloads on Google store and considered as one of the most popular loan Apps in Kenya.

To get a loan from Tala, all you have to do is download the app on your Smartphone and create an account. If you are not listed on CRB, you will get your first loan which you can choose the payment terms.

Check out the Ultimate Guide to using Tala Loan App
3. Timiza Loan App

Timiza is an App by Barclays bank, one of the local banks in Kenya. As mentioned earlier, the loan app craze in Kenya has forced mainstream financial players to innovate.

The best thing about Timiza, unlike other Apps from banks, is that the App is not limited to
4. Stawika Loan App

Stawika is a rising Loan app in Kenya by Stawika Capital. Once installed on your smartphone, the App will evaluate your data on the phone, such as M-Pesa usage and other factors to qualify you for a loan.

I have not personally used the App but will give it a try and update this post or create a new article specifically for Stawika Capital.

5. Haraka

Haraka means fast in Swahili. So anyone within Kenya will know that the App offers quick/fast loans. Haraka Loan is a product of Getbucks, a South African registered lender.

Haraka Loan App is available in other 4 African countries as well, i.e. Swaziland, Uganda, Tanzania, and Zimbabwe.

Their loan range is between 500 and 5000, and the loans attract an interest rate of 23.45%.

6. Saida

Saida is another Loan App that is helping Kenyans secure an instant mobile loan direct to their phones. You can download Saida to your mobile app, and they offer loans of up to 25,000.

Their interest rates can go as low as 7.5%, and you have up to 3 months to repay your loan.



7. Jazika Loans

This is another mobile loan App from Jazika Ventures. With Jazika, you can qualify to a maximum of 100,000 Kenyan shillings, and the application process is simple.


8. KCB M-Pesa

I believe, Safaricom set the ball rolling for mobile loan Apps, and KCB in partnership with M-Pesa came up with a solution. The KCB M-Pesa solution is tied to your Safaricom sim card and through the Safaricom App.


9. Mshwari

I could not finish this list without mentioning a Safaricom product. All the other Apps work best with M-pesa. So just like KCB M-Pesa Safaricom in partnership with CBA Bank have a solution for mobile loans dubbed Mshwari.