Discover the Credit World: Kenyan Mobile Loan Apps

In Kenya, accessing credit has traditionally been a challenge for many individuals, especially those without a formal banking history or collateral. However, the emergence of mobile technology has transformed the landscape of financial services, offering innovative solutions to bridge the gap between borrowers and lenders. One such phenomenon is the proliferation of mobile loan apps, which have revolutionized the way Kenyans access credit.

Whether you're seeking short-term financing for emergencies, business capital for entrepreneurial ventures, or personal loans for everyday expenses, mobile loan apps offer a convenient and accessible solution for individuals across all walks of life. However, it's essential to approach mobile lending with caution, understanding the risks and responsibilities involved.

Whether you're a seasoned borrower looking to expand your financial options or someone new to the world of mobile lending, this guide is designed to empower you with the knowledge and resources you need to navigate the credit landscape confidently. Join us as we explore the features, terms, and conditions of popular mobile loan apps in Kenya, shedding light on their functionalities, interest rates, repayment schedules, and more.

LittlePesa MFI Loaning App

• Platform: iOS
• Minimum iOS version: 10.0
• Creator: Little Pesa Limited
• Price: Free
• User Rating: 4.5 (102 Reviews)

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App Store Description

Little Pesa Mobile Loaning App
Little Pesa App enables you to get: --

i) Unsecured short term loan limits
* Loan limits up to Ksh 100,000.
* Most Competitive interest rates.
* Loan tenures of 7 days, 15 days and 30 days.
* Loans disbursed instantly to your MPESA account!
* Three Top ups available within your approved limit across all loan tenures!
* No questions asked!
* No processing/hidden charges!
* Easy Registration process- just copy of ID and Payslip needed.
* Loan limit is fixed at max 50% of the net pay.
* 100% Interest Refund on every 7th loan provided the previous six loans are paid on or before the due date.
* Referral bonus available for referring colleagues/friends. 


ii) Product financing and Flexipay
* Most competitive interest rates.
* Loan period of 3-6 months.
* Easy registration – copy of ID and Payslip required for salaried persons and for non-salaried persons copy of ID and three months bank statement and MPESA statement.
* Limit fixed at max 200% of the net pay/average monthly income subject to a Max limit of Ksh 300,000.

No control over your MPESA PIN and/or contacts. Only permission to send SMS and to call sought! Privacy of data protected by encryption.

App available 24/7 throughout Kenya, Uganda, Tanzania and Rwanda

For more information visit www.littlepesa.com to check out our FAQs or email us at info@littlepesa.com.

Find us on Facebook: facebook.com/littlepesa
Follow us on Twitter: twitter.com/littlepesa
Follow us on Instagram: instagram.com/littlepesa
Physical address: 11, Reliable Towers, Mogotio Road, Westlands Nairobi.

CashNow-Safe Loan App

• Platform: iOS
• Minimum iOS version: 11.0
• Creator: Quantix Technology Projects L.L.C.
• Price: Free
• User Rating: 3.9 (39 Reviews)

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App Store Description

It might only take a few minutes to apply and receive approval. The cash advance application process is quick and simple - upload Emirates ID and follow instructions to complete the procedure. Once the application is approved, money can be instantly transferred to the bank account.

Best Personal Loan for Everyone
Even if people don’t have a bank account or a credit card, CashNow makes instant loans possible for everyone. Powered by AI technology and cloud computing, CashNow conducts sophisticated credit check and risk management while provides people a simple money lending user journey.

No Hidden Fees
Interest Rate: 34.0% per annum.
Processing Fees: 4.9%. The fees will be deducted from the credits.
Loan period：we will require the repayment from 90 days to 180 days.
Here is an example, if a user takes the principal amount of AED 1500 payable in 3 months, interest is AED 121.5 and the processing fee is AED 73.5. You will receive AED1426.5, while the total amount due is AED 1621.5.

Whatever your needs are, with instant loans it's easy to apply for cash up to AED1,500.
Get your instant personal loan now. Easy, Fast, and Convenient.
Here is an example, if a user takes the principal amount of AED 1500 payable in 3 months, interest is AED 121.5 and the processing fee is AED 73.5. You will receive AED1426.5, while the total amount due is AED 1621.5. The repayment plan is AED540.5 per month, among which AED500 is the principle and AED40.5 the interest fees.

There are only three requirements:
● UAE Resident
● 20-50 years old
● Have a monthly income

Get an instant loan in 5 simple steps:
● Download our CashNow Loans app for FREE now!
● Simple & fast advance loans application process. Apply money loans based on the amount you need.
● Provide basic information and bank details
● Submit an application for approval
● The approved amount will be credited into account within 3 working days

Address：2312, Addax Office Tower, Al Reem Island, Abu Dhabi, U.A.E
Email address: help.cashnow@quantix.ae

Equity Mobile

• Platform: iOS
• Minimum iOS version: 12.0
• Creator: Equity Group Holding
• Price: Free
• User Rating: 4.8 (17.1K Reviews)

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App Store Description

Equity mobile has revolutionised digital banking. This app gives you complete control of your financial and lifestyle needs. Simply view your balances, pay your bills, buy airtime, send money and so much more, all from one convenient platform.

With Equity mobile, you will be able to:

Conveniently and securely do your banking
- Open a bank account in an instant
- Create your profile from the comfort of your home at any time
- Have a full view of your accounts, balances and transactions
- Download account statements and transaction receipts
- Lost your card? Block it temporarily

Grow
- Borrow with ease
- View and pay your loan balances

Transact on the go
- Send money
-- To your own or other Equity accounts
-- To other banks, locally or internationally
-- To mobile money
-- To your prepaid or credit card(s)

- Pay with Equity
-- Pay your bills
-- Buy goods
-- Pay to an M-PESA till

- Buy airtime
- Save people and businesses to your list of favourites

Quick and easy access
- Sign-in with fingerprint or facial recognition
- Change the app to your preferred language (we support English, French, Kinyarwanda, Swahili and 中文)

KCB Mobile

• Platform: iOS
• Minimum iOS version: 11.3
• Creator: Kocela Limited
• Price: Free
• User Rating: 2.3 (243 Reviews)

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App Store Description

The KCB Mobile App for KCB and non-KCB customers is the one-stop place for all your banking and financial needs. Featuring a bold and modern visual design, it's been carefully crafted to deliver a beautiful user experience.

The KCB Mobile App provides an easy and secure way to:
- access your account, send money, withdraw cash...
- access to loans allowing customers to borrow loans on the fly.
- ability to add and track your credit cards, debit cards...
- access charts and graphs to help you visualize your spending
- track stocks, foreign exchange rates, properties...
- access financial trends, success stories, expert tips...

The KCB Mobile App...more than just banking

Regulated by the Central Bank of Kenya.

Change Agents

• Platform: iOS
• Minimum iOS version: 10.0
• Creator: Okolea International Limited
• Price: Free
• User Rating: 1.7 (107 Reviews)

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App Store Description

Change Agents is an app that provides instant loans to all Kenyans through their phones and allows them to increase their loan limits every time they repay their loans on time.

Mco-opCash

• Platform: iOS
• Minimum iOS version: 11.0
• Creator: The Cooperative Bank of Kenya LTD
• Price: Free
• User Rating: 4.4 (3.8K Reviews)

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App Store Description

Mco-op Cash App enables Co-operative Bank of Kenya customers access banking services on an internet enabled device

With Mco-op Cash App, you can:

**Manage your Account(s)**
- View your account details
- View your account balances
- View your transaction history and download statement
- Manage your OTP delivery method
- Change your PIN and/or Password
- View your account cashflow
- E-statement subscription

**Manage your Card(s)**
- View your cards
- View your card balances
- Pay to your credit card with ease

**Manage your Loan(s)**
- Get mobile loans*
- View your loan accounts
- View your loan balances

**Transfer Funds**
- Send money to Co-operative Bank accounts
- Send money to M-Pesa
- Send money to other banks via Pesalink/RTGS
- Deposit money to your account from M-Pesa

**Pay bills**
- Buy Safaricom and Airtel Airtime
- Buy KPLC Tokens and Pay KPLC Post Paid bill
- Pay Nairobi Water
- PayTV - GoTV, DSTV, ZUKU, StarTimes
- Pay to M-Pesa Tills and PayBills
- Pay School Fees
- Pay Rent
- Pay for Safaricom Home Fibre
- Pay for Zuku Internet

Tala App: Loan, Credit Tracker

• Platform: iOS
• Minimum iOS version: 13.0
• Creator: MAVIS AI LTD
• Price: Free
• User Rating: 5.0 (1 Reviews)

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App Store Description

Experience a groundbreaking application designed to foster financial mindfulness and enhance decision-making. Taala transcends conventional loan tracking by serving as your intimate journal and mentor, illuminating the intricate interplay between your emotions and financial decisions.

Highlighted Features:

Emotional and Financial Assessment:

Receive daily evaluations of your loans alongside emotional and financial state ratings on a scale of 1-10.
Share your thoughts and experiences through daily entries, offering a unique perspective on how loans affect your overall well-being.
Integrated Visual Analytics:

Visualize your emotional and financial fluctuations over time, empowering you to identify trends and connections.
Make well-informed loan decisions based on a holistic understanding of their impact on your mood and financial health.
Comprehensive Daily Diary:

Seamlessly access a dedicated section housing all your daily entries, offering a comprehensive record of your emotional and financial journey.
Gain invaluable insights into the correlation between your emotions and financial choices, fostering a more mindful approach to borrowing.
Loan Suitability Assessment:

Evaluate your emotional readiness for borrowing through a specialized questionnaire.
Make confident decisions knowing whether a loan aligns with your current emotional state and requirements.
Additional Feature: PIN-Code Manager:

Safeguard your personal information with an integrated PIN-code manager, prioritizing security.

Never worry about losing access to your card or device—your PIN codes are always securely stored.

Taala isn't merely an app—it's your personal financial confidant, guiding you toward a more conscious and informed relationship with loans. Download Taala now and embark on a journey toward financial well-being and self-discovery. Your financial journey begins with introspection!

Make Money - Earn Easy Cash

• Platform: iOS
• Minimum iOS version: 9.0
• Creator: Free International Calls App LTD
• Price: Free
• User Rating: 4.6 (3.6K Reviews)

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App Store Description

Earn real money by completing simple tasks with the app. Easily make money by completing surveys, giving opinions, testing services,..

To earn money, you need to follow the instructions set in each task. Usually checking for a product or service, or giving your opinions and answering some surveys. You can do it anytime, tasks are simple and best of all it’s an easy, quick and fun way to make money!

No giftcards or discounts, you are paid cash!

HOW DOES IT WORK?
1) Complete tasks to accumulate credit rewards.
2) Redeem your credit rewards for cash.
3) Ooops... no point 3. Just enjoy your money!

START EARNING EASY CASH NOW!

NOTE: All tasks, offers, prizes and rewards given by Make Money are not affiliated with Apple Inc. The offers are solely sponsored by the Make Money. All Prizes and or rewards are NOT Apple products, and or do they have any association with Apple.

Contact us for any queries you have regarding our service. We love to get feedback from our users.
help@makemoney.tech

EasyLoan MN

• Platform: iOS
• Minimum iOS version: 12.1
• Creator: Region Invest LLC
• Price: Free
• User Rating: 3.0 (2 Reviews)

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App Store Description

Instant credit with no collateral required. The credit line of MNT 50,000-500,000 will be calculated based on your provided data. The daily interest rate is 0.2% and is accumulated for 60 days. The credit tenor is 120 days, standard repayment period of 30 days plus allowing you to extend the repayment period 3 times by 30 days. Solve your financial needs with EasyLoan MN app.
Region Invest LLC.

Барьцаагүй хамгийн шуурхай зээлийн үйлчилгээ. Зээлийн хэмжээ 50,000-500,000 төгрөгийн хооронд таны мэдээлэл дээр үндэслэн тогтооно. Зээлийн хүү ердөө өдрийн 0.2%. Хамгийн ихдээ 60 хоногийн хүү бодож авна. Зээлийн хугацаа 30 хоног нэмэлтээр гурван удаа 30 хоногоор буюу 90 хоногоор сунгалт хийх боломжтой. Хамгийн таатай нөхцөлийг EasyLoan апп-аар шийдээрэй.

Fast Payday Loans

• Platform: iOS
• Minimum iOS version: 9.1
• Creator: Rainbow UK Ltd
• Price: Free
• User Rating: 4.6 (93 Reviews)

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App Store Description

Fast Payday Loans is your app to get needed cash on the move!

You could borrow between £ 100 and £ 1000 just using this single app. We are working with some of the top lenders in UK. What you need to do is just to fill in our simple form and than our bespoke system will do the job. You will be matched to the lender that is most likely to give you needed cash.

It's that simple and fast!