Best Loan Apps In Kenya For Instant Genuine Loans 2022

Best Loan Apps In Kenya For Instant Genuine Loans

Types Of Mobile Loan Apps In Kenya

1. Mobile Loans Apps Via SMS In Kenya

2. Peer To Peer Loan Apps In Kenya

Peer-to-peer loan apps are mobile loan app platforms that allow both lenders and borrowers to register. Lenders on the platform then offer loans to the borrowers meaning the app doesn’t provide you loans directly.

  • Senti loan app
  • Investor peer-to-peer loan app
  • Investor peer-to-peer loan app.

3. Loan Apps To M-Pesa

  • Fuliza mpesa mobile loan
  • Mshwari mobile loans
  • KCB-Mpesa loans

List Of Best Loan Apps That Give Instant Genuine Loans In Kenya

When in need of an instant mobile loan in Kenya, the below best loan apps in Kenya shall offer you a fast genuine mobile loan to your mpesa. Select and download one loan app from the list and apply today. You can also check out loan apps that dont charge registration fee.

1. Branch 

It is one of the most widespread loan apps in Kenya. It is available on the Google Play Store as well as the iPhone App Store. The loans are processed very quickly, in less than 24 hours and the funds are disbursed immediately upon approval. It rewards loyal and punctual borrowers with higher limits and does not charge any late fees. One can get a loan of up to Sh.70,000 instantly. 

2. M-Shwari from Safaricom PLC 

It is also one of the most widespread instant loaning services as it is available to every M-Pesa user. No app installation is necessary as the service comes ready on the M-Pesa menu in the sim toolkit. It offers a combination of savings and loans. Loans are disbursed to qualifying customers based on their M-Pesa usage. It allows instant loans directly to M-Shwari which can be sent to M-Pesa. The service is only available via M-Pesa. In the case of a defaulter, the customer’s relationship with Safaricom and/or the M-Pesa service remains undisturbed. 

Savings on M-Shwari earns interest at a rate of up to 7% per annum. The minimum amount for borrowing is Ksh100 and one can receive a loan limit of up to Sh.50,000 at interest rates under 5%. The loan is to be repaid within a month (30 days). 

3. KCB M-Pesa from Safaricom PLC 

This is another loan and savings service offered by Safaricom in partnership with Kenya Commercial Bank. It is also available to every Safaricom M-Pesa customer, just like M-Shwari. 

One can apply for a loan from as low as Ksh100 up to Ksh1,000,000. Loans are processed almost instantly and are to be repaid within 60 days. Savings on KCB M-Pesa fetch interest at rates over 6%. It should be noted that a 10% penalty fee applies for late repayment of any interest, principal, negotiation fees, and any other fees that are under the KCB M-Pesa. 

4. Tala (Formerly Mkopo Rahisi) 

Tala is arguably one of the best loan apps in Kenya. It has over 5 million downloads on the Google Play Store with lots of positive reviews. 

Tala loans are available to millions of Kenyans, Mexicans, Tanzanians, and the Philippines. Upon installation, new users are required to fill in their personal information and wait for the loan request to be processed.

First-time users have a set limit, but the available limit grows over time, with punctual repayments and maintaining a good credit history. 

Tala offers loans from as low as sh.500 up to sh.50,000. Loans are processed normally within 5 minutes.

The money will be instantly sent to the applicant’s M-Pesa upon approval. Loans are charged at a service fee of about 7-15% to be repaid within 30 days, or at 5-11% to be repaid within 21 days. 

5. Saida 

Saida offers instant unsecured loans through M-Pesa. The app offers loans of up to sh.25,000. It is among the best mobile loan apps in Kenya and Loan requests are instantly processed and funds are immediately sent to M-Pesa upon approval.

Repay the loan at a flexible period of 90 days at an interest rate of 7.5%. The rate is variable for every customer. Punctual repayment of the loan is rewarded with an increase in the loan limit.  

6. Utunzi (Tunzi Capital) 

Tunzi Loan App

The app has over 100,000 downloads on the Google Play Store, making it one of the best loan apps in Kenya. Loans are available from as low as Ksh.500 to Ksh.100.000. Upon installing the app all you need to do is fill in some personal information and answer a few questions. Loans are offered depending on how the questions are answered and your credit rating. 

7. Zenka Loan App 

First-time loans on the service are given interest-free. The app has over a million downloads on the Google Play Store. The reviews were also mostly positive, with a rating of 4.2 out of 5. The service offers 61 days to repay the loan. Just download the app, fill in the required details and wait for the available limit to be processed.

The first loan is interest-free to first-time applicants and early repayment increases the probability of your available limit being increased. 

8. Okash 

Okash is one of the top Kenyan loan apps with over a million downloads on the Google Play Store. It has a rating of 4.0 from 80000 reviews.

After installing the app, you will be required to fill in a few details and await the processing of your request.

If approved, the funds will be deposited instantly to your M-Pesa. Loans are available from Ksh.500 at a 14% interest rate. 

9. Timiza from Absa 

Timiza is a lending service offered by Barclays Bank (Absa). Loans are available to any applicant with a positive credit score.

The app has over a million downloads on the Google Play Store. It can also be accessed by USSD. Just dial *848# and follow the prompts. Timiza offers loans of up to 150,000Ksh. Loans attract interest at a rate of 6.17% and are due within 30 days. 

10. iPesa 

The app is very popular, it has one million downloads and a positive rating of 4.2 from 22000 reviews.

It offers loans of up to 50,000 Kenya shillings from as low as Ksh.500. The repayment period is 90 days and is very flexible. 


Usawa loan has become more popular over the past few years. it has a simple process of applying for loans that exclude the CRB check.

With usawa loan, you can access up to sh.100,000 worth of loan which could also be repaid within up to two years.

To access the Usawa loan you first need to download the application on your mobile. After this, you can then go ahead to register yourself on the application.

After entering the correct information, you will be required to pay a registration fee worth sh.400 which is paid upfront. After this, you will be clear to apply for a loan.


Fathili Loan App

The Fadhili loan app is the easiest to use. all you have to do is to download it from the google play store or the app store.

After you have it on your mobile, you can now register for membership by filling up a few details including the email address, your salary amount, the desired loan amount, and the phone number.

when the account is ready, you can proceed to borrow a loan of your desired amount according to their limit. the loans are always repaid in a span of six months to one year.


Dolax Loan App

the Dolax loan app is a loaning facility on mobile that offers money as loans which range from sh.500 to ksh100,000. The loan borrowed successfully takes the shortest time possible to be disbursed to the user’s mpesa account.

All you need to do is to download the application form where you will be able to register and access loans. the repayment period would range from six months to one year.

This loan app does not require any form of credit certification.


Utajiri Loan App

Utajiri loan app is another loan app in Kenya that does not require a CRB check. acquiring a loan from this facility is simple and it just requires one to download the app from the play store or app store.

After that, one only gives a few contact details before they are eligible for a loan from Utajiri loan. the application process however needs sh. 250 as activation fees for the account.

when the application and activation are finished, you can proceed to borrow a loan of up to 100,000 Kenyan shillings. any loan successfully granted is credited to the given M-Pesa account instantly.

15. Kano Loan App Download & Apply

Kano loan app provides fast instant mobile loans to your mpesa in Kenya.

Borrow from 500 to 150,000 shillings with an interest rate of 12% PA. Kano requires a loan application fee for you to apply.

16. Upazi Loan App Download & Apply

Upazi loan app offers fast low interest mobile loans in Kenya. Borrow from 500 to 50,000 shillings credited to your mpesa.

Upazi charges a 12% intrest on loans offered. You shall be required to pay back your loan within 21 days.

17. Craft Loan App (Download App & Apply)

Craft android loan app offers mobile loans from 500 to 50,000 shillings. To register, you need to pay 250 registration fees.

Craft loan app provides mobile loans in Kenya within 5 minutes. Pay in time to increase your limit.

18. Lion Cash Loan App Download & Apply

Lion app provides instant loans to M-Pesa. Download the app from the play store and apply for a loan today.

For the lion cash app, you don’t need a registration or application fee. Register then after application, the charges and fees shall be deducted from your loan amount.

19. I-Save Mobile loan App Download & Apply

I-save mobile loan app provides low-interest loans to your mpesa in Kenya.

Pay the 250 registration fee once you download the application. You need to pay the loan early for a higher limit.

20. Lendi Mkopo Loan App Download & Apply

Borrow 5,000 to 150,000 shillings from lendi mkopo Loan app in Kenya.

The interest rate for lendi mkopo Loan app is 32%APR. The credit for lendi mkopo shall be provided to your mpesa account.

Loan Apps On iPhone Kenya

1. M-Kopa Mobile Loan App Download & Apply

Mkopa mobile loan apo in Kenya provides asset loans to Kenyans at affordable interest.

They provide loans for everyday essentials such as lights and mobile phones.

2. Pezesha Loan App Download & Apply

Pezesha loan app is a peer-to-peer mobile loan lending app in Kenya. With pezesha, you don’t need a smartphone.

You can register and apply for pezesha loan app via SMS in Kenya.

Tabled Overview Of Best Loan Apps In Kenya

Loan App NameInterest Rate P.AAmount Offered
Branch Loan App13 – 29%250 – 70,000 shillings
Tala Loan App15%Up to 30,0000 shillings
Saida Loan App3-7.5%Up to 25,000
Zenka Loan App9-39%Up to 42,0000 shillings
Timiza Loan App6.08%50 – 1M shillings
Senti Loan App7.5%500 – 40,000 shillings
Tunzi Loan App7%500 – 250,000 shillings
Fathili Loan App12%Up to 300,000 shillings
Zenka Loan App9-39%Up to 42,000 shillings
Dolax Loan App5 – 33%From 500 shillings
Lendi Mkopo Loan AppUp to 36%Minimum 5,000 shillings
Tabled Overview Of Loan Apps In Kenya



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