Absa Financial Kenya Plc (earlier Barclays Lender Kenya Minimal) is among the banking companies which have mobile loan applications inside the Kenya

Timiza software allows pages to get into multiple banking attributes through the cell phones. The assistance tend to be instant finance, currency transmits, and get insurance policies. People that usually do not accessibility the brand new Timiza software can be switch *848# to join up and apply to possess cellular money from Absa Financial.

6. Department

Department is one of financing programs from inside the Kenya in the place of CRB inspections. Membership is free of charge within this and you will outside the country. One can possibly supply as much as Ksh.70,100000 into the Branch app through mobile devices. Funds is actually acknowledged in 24 hours or less out of app, and there are no hidden charges. More over, Department will not costs late charge otherwise rollover charge.

eight. Shika

Shika is one of the borrowing software giving more than simply fund. It’s features for txt messaging and will be offering new information towards the government, football, enjoyment, an such like. Shika app hosts multiple loan providers just who provide borrowing from the bank so you can readers. Finance with this app is designed to suit startups in the agriculture, resource finance, and you will invoice discounting.

8. iPesa

iPesa loan application also provides loans off Ksh. five-hundred in order to Ksh. 50,100 inside 91 weeks so you’re able to 180 weeks. Their annual interest try several%, and also the app does not have provider costs. Download the new iPesa application for the cell phone, install it, join your own Meters-Pesa count, and request that loan. Paying down their loans timely gradually grows the loan limitation to help you as much as Ksh. fifty,100000.

nine. Zenka

Of numerous consumers in the Kenya like Zenka software. Your first financing are attention-free and has now no solution fee. You simply pay off the amount you borrowed in specified payday loan online Maryland time, which is constantly 61 days. You could obtain the new software on the mobile about Zenka webpages. Shortly after filling out the application and registering effortlessly, you will have the financing in less than five full minutes.

10. Zidisha

Zidisha is just one of the top the financing apps inside the Kenya. It’s a non-profit financing platform, as well as your credit comes from separate lenders, not the organization alone. The fresh app only connects lenders so you can consumers. You truly must be operating or in operation, possess an energetic Twitter membership, a nationwide ID, an authorized Safaricom sim cards, and you will an effective credit history in order to qualify for Zidisha borrowing.

eleven. Okash

Okash will bring private and you will business loans as high as Ksh. 60,100000. Download new application away from Google Gamble Store, do the installation, and you may check in to track down instant loans. Okash software identifies your loan limitation and you will commission several months of the analyzing the private facts your promote during membership. The newest annual interest rate on Okash finance was 14%.

twelve. Eazzy

Like many financing software when you look at the Kenya, Collateral bank’s Eazzy software gives immediate loans within 24 hours out of effective app. The fresh new finance are disbursed with the Equity bank account, Mpesa line, otherwise Equitel sim cards.

Dial *247# to obtain the loan straight to the sim credit in the place of utilising the app. You’re eligible for up to KSh2 million for the borrowing, plus the system identifies the loan maximum. What’s more, it even offers a flexible payment ages of up to several days.

The latest software deducts fund from the membership inside instalments at a 13 % per year interest rate. You can shell out the Eazzy app immediate finance using your Equitel sim credit or use Mpesa Paybill number 247263 plus Security membership count.

13. Utunzi

Utunzi credit app serves M-Pesa users. This mobile currency borrowing system even offers private and providers loans out of Ksh.3 hundred to help you Ksh.step 1,100000,100000. Utunzi application allows a payment period of 91 weeks in order to 36 weeks in the an effective a dozen% services commission and you can an annual desire out of several%. In addition, you spend an extra Ksh.400 since an annual account government commission.