List of loan apps in Kenya without registration fee 2020

Best loan apps in Kenya 2018

In Kenya today instant money lending loan apps are on the fastest rise and are taking over traditional money lending options such as banking institutions and even chamas. This leads us to a, ask questions such as which are the best mobile loan apps in Kenya? Or how can I get a quick loan in Kenya? Well, we have got your back, in this post, we will enlighten you on the best loan apps that will give you instant cash currently.


Haraka is one of the fastest growing mobile loan apps in Kenya with hundred thousands of users across the country. It offers you the quickest and most convenient means of getting an instant loan in Kenya. It creates an easy way for anyone to access credit anywhere and anytime in Kenya.

Applying for a Haraka loan is that easy. Paperwork is not required, and you receive your loan as quickly as possible using means such as MPesa.

2.Tala-Formerly Mkopo Raisi

Tala app enables Kenyans to access a loan of up to Ksh.50,000 and very quickly no matter what time it is that you need the credit. Tala loan is normally remitted via M-Pesa.

Going by the latest updates to the Tala app, new features can enable you to easily check credit limit and see success stories from previous loan beneficiaries.

The process of applying for Tala Loan

The process of getting the Tala loan starts with downloading and installing the Tala app from your device play store.

Next step, the app is linked to your Facebook account for more details about you. In the last part, you are expected to answer a few personal questions after which you can access loans.

First-time applicants can only access Ksh. 2,000 but their credit limit increases as they continue to build their profiles.

Loans will be provided with a processing fee of between 5% and 15% depending on the users’ profile and loan size.

The loan must be repaid within the stipulated time.

The loan is repaid via M-Pesa pay bill number 851900.


Branch was introduced to Kenyan markets in 2015 and enables you to access credit instantly of up to ksh50000 without hustle. The payment method is usually via Mpesa just like Tala.


Saida app provides quick and easy loans via your M-Pesa account. You can get a quick unsecured loan on Saida to help you boost your business or sort out your emergencies.

Saida app allows you to access loans of up to Ksh. 25,000. Download the Saida App to determine if you are eligible for a fast loan. Not everyone is eligible for Saida loans. If you are eligible for a loan, Saida will provide an explanation as to why and advise on how to be eligible.

The repayment period can be up to three months, and interest rates are as low as 7.5%. The rate is tailored to each customer.


Also, another useful app that enables you to quickly grab what you were looking for financially. It offers quick cash in case you need it urgently.


Zidisha is a micro-loaning application that interfaces business people with lenders.

This means the stage empowers microlending exchanges between web clients and low-salary business people in creating nations.

The loans are without interest yet to be qualified; you need to meet certain capabilities.

In the wake of making a profile, the loan candidate is relied upon to depict his or her business, wanted loan sum, and favoured reimbursement period.

The subtle elements are then checked by Zidisha staff or accomplice and if the application is endorsed, first-time candidates are relied upon to pay Ksh. 1000 handling expenses.

Getting to loans in Kenya has been made quick and proficient naturally in the event that you are qualified. Previously, getting to loans was a hustle.

You needed to experience a great deal of screening and now and then you would wind up with nothing.

On the off chance that you wish to get to unsecured versatile loans in Kenya today, download your favoured application to begin.

The uplifting news continues coming since you would now be able to get to individual loans in Kenya by means of portable applications whenever anyplace.

7.Timiza loan by Barclays bank

The Timiza loan application is as of now accessible on Google Play Store. Best of all, the application will be accessible to all Kenyans will’s identity ready to get or spare money whether they are clients at Barclays Bank or not.

With setting a farthest point of up to Sh. 150,000 without the hustle of a security, the new application enables Small and Medium Enterprises to develop their organizations quicker through simple access to credit.

How to get a loan via Timiza App

  1. Dial SSD code *848#
  2. Click Accept the terms and conditions
  3. Proceed to save or borrow depending on your needs.


The app is owned by Stawika Capital. This app automatically assesses mobile phone data as well as other factors to allocate loans. The app also uses data from CRB so make sure you are not listed on CRB before asking for a loan.

Stawika charges an interest rate of 15% and the loan is repayable via Mpesa.


It is one of the fastest growing loan app in Kenya giving a minimum of 2000 shillings for first-time customers. Their rules are however very strict.


mKey outlines the new revolution in customer-centric financial services. This is a current App from Finserve Africa that is expanding popularity fast. With mKey Loan App, you get a keyboard with yetumojis.

This app enables you to send money to several mobile wallets including Mpesa, Equitel money, & Airtel money.

You can likewise buy airtime for either Safaricom, Equitel, Airtel, Telkom or Faiba. The app further allows you to goods or pay bills. You can do extra like reading news get loans amongst other services.

You can get the mKey loan apps on Google Play store

11.Kopa Chapaa

Kopa Chapaa was authenticated at the time as and is facilitated by Faulu Kenya. You need to be an active airtel money for six months user to qualify for a loan.

The least loan limit is Ks 500, and the maximum limit is Ks 100,000. The loan has a short-term payment duration of 10 Days.

12.Okoa Stima

Okoa Stima was established by Kenya Power in partnership with Safaricom in the year 2015 and is presently active. It comes in handy when you don’t have sufficient fund to pay for electricity.

RELATED  Top Instant loans via M-Pesa in Kenya

The minimum loan value is Ks 100 and a maximum of Ks 2000 at an interest rate of 10%. The loan is dispensed and repaid via Mpesa and has a duration of 7 Days.

Follow the steps shown here to get the OKOA stima Loan.

13.KCB Mpesa

KCB Mpesa is a connection between the Kenya Commercial Bank (KCB) with Mpesa within Safaricom. The loan program started in 2015 as a saving account and has been working ever since. It is possible to obtain without saving and the loan is dispensed through KCB Mpesa Menu on your apps in Kenya

The minimum loan boundary is Ks 50 and a maximum of up to Ks 1,000,000. Loan percentage is at a rate of 1.16% per month with a one-off negotiation charge of 2.5%. The charge a months loan is 3.66% with excise duty appropriate to fees.

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Holding an active registered Safaricom Mpesa customer for six months is sufficient to qualify for a loan. Just Dial *844# and follow user prompts to activate our KCB-Mpesa account.

How to increase your KCB Mpesa Loan Limit

KCB Mpesa evaluate your loan repayment behaviour, saving history and monitors your Mpesa money transactions activity to determine the quantity of loan limit for you.

NOTE this: KCB M-Pesa and Mshwari are obtainable through Mpesa Menu on your telephone or the Safaricom App. KCB Mpesa is likewise available through the KCB App.

Berry loan app

A recent loan app in Kenya that provides instant loans via Mpesa, if you are frustrated by tala or Branch by their wanting services, perhaps it’s time you try out the berry loan app.



a recap of some of the few loan apps in Kenya

  1. Mshwari powered by Safaricom
  2. KCB Mpesa Loans
  3. Tala Kenya Loans
  4. Branch Loans
  5. Saida Loans
  6. Okoa Stima loan
  7. Kopaa chapaa
  8. Zidisha loans
  9. Stawika
  10. Timiza from Barclays bank
  11. Okash

How to Increase Your Loan Limit

We have been getting numerous emails from our readers, talking about best Mobile Loan Apps in Kenya and how or what methods can be done to raise or increase the loan limit. One contributor called Jane wrote to us asking me how she can advance her M-shwari loan limit from Ks 200 to a higher amount for business loans.

Well after doing our research since we’ve got your back as always and contacting the loan providers, we were able to learn a few tactics which are true and established by the loanees. Mobile loans are generally given with no security at all. Some rely on your CRB records, and that is it.

As you already know, most of the loan providers are scared of losing their money, and that is why they demand some form of security such as your payslip or log book before paying a loan.

Nevertheless, with loan App’s NO security is required at all. All they require is some valid information from you to authenticate that you are indeed human and not a robot. So how do the loan apps know what to give you?

Loan apps in Kenya rely on the information you give them like your full name and also the National ID number and data that accumulated from your sim cards, such as your Mpesa transactions and your call records to determine the quantity of loan you qualify for.

This information assists them to determine your creditworthiness. So if you are related to topping up your Airtime with Ks 20 twice a week, it’s high time you break your habit by improving your top up amount and rate.

Mobile loan App usually is an automated program which can handle a significant number of requests at a given time. The loan Apps are programmed to look at provided figures before advancing a loan to customers. So in-case you do not pass for a quick mobile loan, do not take it individually… It’s just the system.

Here is how you can Increase your loan limit

Here, we have listed possibilities and steps you can take to suit for a higher loan limit.

1. Download and keep your Loan app early enough

As human beings, you never perceive when you run out of cash. Moreover, as stated above Loan app read information from your phone from time to time so they should get that clear image in advance and raise your limits.

2. Use mobile payments often

Many mobile conveyors offer a wide range of mobile payment services, e.g. Safaricom’s Mpesa, Lipa Na Mpesa among others

Ensure you regularly use these services whether buying airtime credit or spending on goods or services. Doing this allows you to leave behind transaction traces in the system database that proves that you use that particular service.

3. Do not delete mobile pay SMS messages

Whenever you get or send money via any mobile payment service (Mpesa, Airtel Money, Tkash etc.), do NOT delete the messages at all.

This goes for when you buy airtime or pay for goods and services through these platforms.
Most of the loan apps scan your SMS messages for evidence that you indeed transact via this channel and therefore sees your ability in repaying the loan.

4. Activate your social media status

In this digital era, it would be almost criminal to lack any online track of your existence. Being on social channels, e.g. Facebook and Twitter pose a great influence because most loan apps need one to link the app to Facebook to make one qualified for a loan via the app.

5. Invest in a reliable smartphone device

It is great to keep up with the ever-changing inclinations of technology. Nevertheless, do not misinterpret us. We are not telling you to buy the most precious and latest phone or tablet to stay technologically related.

Try and advance in a low budget smartphone preferably android phone to be on the safe side since most loan apps require a compatible smartphone as a pre-requisite to qualify you to access a loan via their app.

6. Earlier loan repayments

Like we said already, automated systems frequently run mobile loan provider services. The detailed the trail you leave in their database, the more beautiful they will ‘treat’ you.

7. Request for a loan occasionally

Asking a loan and making early repayments enhances your digital footprint in their system, thereby increasing your creditworthiness thus provides you passage to a much more considerable loan amount in the future.

8. Save frequently

Although this may not be relevant to loan apps, it applies to loans offered immediately by carrier operators, e.g. Mshwari. As they habitually say, “The more you save, the more your chances of increasing your loan amount.”