Featured Loan Providers
Browse Kenya's leading lenders below. Click See More for full details and how to apply.
M-Shwari (Safaricom & NCBA)
Popular
Loan Range: KES 100 – KES 50,000
Interest: 7.5% one-time facilitation fee
Repayment: 30 days
How to Apply: Via M-PESA menu → Financial Services
M-Shwari is a mobile banking service offered through Safaricom's M-PESA platform in partnership with NCBA Bank. It allows M-PESA users to save money and access short-term micro-loans instantly. Eligibility is determined by your M-PESA usage history and savings activity. Loans are disbursed directly to your M-PESA wallet. No paperwork needed — fully mobile and available 24/7. Defaulting locks your account for 30 days.
KCB M-PESA
Bank + Mobile
✦ Featured
Loan Range: KES 50 – KES 1,000,000
Interest: 8.64% p.a. (1.16% p.m.)
Repayment: 1 – 6 months
How to Apply: Apply online via our form below
KCB M-PESA is a product of KCB Bank and Safaricom, giving M-PESA users access to larger loans compared to M-Shwari. Funds go directly to M-PESA. Loan limits increase with consistent usage and repayment. You can also save on KCB M-PESA to grow your limit. Customer care: 0711 087 000. Accessible via the M-PESA app or USSD *844#.
📝 Click here to apply for a KCB M-PESA Loan →
📝 Click here to apply for a KCB M-PESA Loan →
Tala (formerly Mkopo Rahisi)
App-Based
Loan Range: KES 500 – KES 50,000
Interest: 11–15% per 30-day loan
Repayment: 21 – 30 days
How to Apply: Download Tala app (Google Play)
Tala uses smartphone data — including SMS history, contacts, and app usage — to build a credit score and offer instant loans. No collateral or guarantors needed. Disbursement is within minutes to M-PESA. Regular on-time repayments unlock higher limits. Available in Kenya, Tanzania, Philippines, and India. Download at play.google.com/tala or tala.co.ke.
Branch International
App-Based
Loan Range: KES 250 – KES 70,000
Interest: 14–27% per loan (varies by term)
Repayment: 4 – 52 weeks
How to Apply: Download Branch app
Branch offers flexible repayment schedules ranging from 4 to 52 weeks, making it suitable for longer-term needs. Like Tala, it uses mobile data to assess creditworthiness. Funds are sent to your M-PESA. First-time borrowers start with smaller amounts, which grow with timely repayment. The Branch app is available on both Android and iOS. Visit branch.co.ke for more.
Equity Bank – Eazzy Loan
Bank Loan
Loan Range: KES 1,000 – KES 3,000,000
Interest: 14% p.a. (reducing balance)
Repayment: Up to 36 months
How to Apply: Equity Mobile App or branch
Equity Bank's Eazzy Loan is accessible via the Equity Mobile app or by visiting any Equity branch. Suitable for both individuals and SMEs. Requires an active Equity account. Processing can be instant via the app for existing customers. Larger amounts may require documentation. Customer care: 0763 000 000. More at equitybankgroup.com.
Zenka Finance
New
Loan Range: KES 500 – KES 30,000
Interest: First loan FREE (0% interest)
Repayment: 61 – 90 days
How to Apply: Zenka app on Google Play
Zenka Finance is notable for offering your first loan completely free of charge (0% interest, 0% fees). Subsequent loans attract competitive rates. Repayment terms of 61–90 days are longer than most mobile lenders, offering more flexibility. Funds go to M-PESA immediately. CRB listed on default. Regulated by the CBK. Visit zenka.co.ke.