Here is a list of the top loan apps in Kenya as of 2025, based on their popularity, features, and user reviews. These apps offer quick access to loans with varying amounts, interest rates, and repayment terms:
Top Loan Apps in Kenya
Branch
- Loan Range: Ksh 250 to Ksh 300,000
- Interest Rate: 17%–35% annually (1.7%–22% monthly)
- Repayment Period: 1–12 months
- Key Features: No CRB checks, flexible repayment terms, and user-friendly interface. It also offers business loans and savings options.
Tala
- Loan Range: Ksh 500 to Ksh 50,000
- Interest Rate: 15%–20% monthly
- Repayment Period: 21–61 days
- Key Features: Quick approval, flexible repayment options, and no CRB checks. It uses M-Pesa for disbursement.
M-Shwari
- Loan Range: Ksh 100 to Ksh 50,000
- Interest Rate: 7.5% monthly
- Repayment Period: 30 days
- Key Features: Requires an active M-Pesa account for at least 6 months. Encourages saving to increase loan limits.
KCB M-Pesa
- Loan Range: Ksh 1,000 to Ksh 1,000,000
- Interest Rate: 1.16% monthly (3.66% total cost for a one-month loan)
- Repayment Period: 30 days
- Key Features: No app download required; accessible via M-Pesa menu. Backed by Kenya Commercial Bank1410.
Timiza
- Loan Range: Ksh 50 to Ksh 150,000
- Interest Rate: 1.56% monthly
- Repayment Period: 30 days
- Key Features: Operated by Absa Bank, available to both bank and non-bank customers. Offers insurance and bill payment services.
Zenka
- Loan Range: Ksh 500 to Ksh 30,000
- Interest Rate: 11%–39% (first loan is interest-free)
- Repayment Period: Up to 61 days
- Key Features: Transparent terms, no hidden fees, and a loyalty program for referrals.
Okash
- Loan Range: Ksh 500 to Ksh 50,000
- Interest Rate: 14%–23.2%
- Repayment Period: 14–90 days
- Key Features: Minimal documentation, fast processing, and no CRB checks.
HF Whizz
- Loan Range: Ksh 1,000 to Ksh 50,000
- Interest Rate: 7.725% monthly
- Repayment Period: 30 days
- Key Features: Offers additional services like airtime purchase, bill payments, and money transfers.
Eazzy Loan (Equity Bank)
- Loan Range: Ksh 1,000 to Ksh 3,000,000
- Interest Rate: 2%–10% monthly
- Repayment Period: 1–36 months
- Key Features: Requires an Equity Bank account. Offers large loans with flexible repayment terms.
Fuliza (Safaricom)
- Loan Range: Ksh 10 to Ksh 200,000
- Interest Rate: 1% daily
- Repayment Period: 30 days
- Key Features: Overdraft facility integrated with M-Pesa. No app download required.
Key Considerations When Choosing a Loan App
- Interest Rates: Compare rates to avoid high costs. Some apps charge as low as 1% monthly, while others go up to 39%.
- Repayment Terms: Choose apps with flexible repayment periods that suit your financial situation.
- Eligibility: Some apps require a good credit score, while others do not check CRB status.
- Hidden Fees: Be aware of processing fees, late payment penalties, and rollover costs.
For more details, you can refer to the sources: Nasonga, Moneyspace, and Victor Mochere.
