Absa Lender Kenya Plc (formerly Barclays Bank Kenya Restricted) is among the banking institutions that have cellular loan applications in Kenya

Timiza application allows profiles to access multiple banking qualities thru the devices. The assistance include quick funds, money transmits, and get insurance. People that do not availableness this new Timiza app is switch *848# to register and apply to own cellular money away from Absa Financial.

six. Branch

Branch is among financing applications payday loans online Rhode Island for the Kenya versus CRB checks. Subscription is free contained in this and you can outside the country. One could availableness doing Ksh.70,000 into the Branch app thru mobile devices. Money are recognized in 24 hours or less away from app, and there are no undetectable costs. Furthermore, Part doesn’t fees later fees otherwise rollover fees.

seven. Shika

Shika is amongst the credit apps giving more than simply finance. It’s got different features having txt messaging and provides this new information on the government, recreations, recreation, an such like. Shika software machines numerous lenders exactly who give borrowing from the bank so you’re able to readers. Financing with this app are customized to match startups inside the farming, asset money, and you may charge discounting.

8. iPesa

iPesa financing app offers credits away from Ksh. five-hundred so you’re able to Ksh. 50,100 contained in this 91 weeks in order to 180 weeks. The yearly rate of interest try twelve%, and the application doesn’t always have service charge. Obtain the fresh new iPesa app for the cellular phone, install it, register with your own M-Pesa count, and ask for a loan. Paying down the loans promptly slowly expands the loan limitation to help you as much as Ksh. 50,000.

9. Zenka

Of many borrowers from inside the Kenya like Zenka application. Your first mortgage try attention-totally free and also no solution commission. You only pay back the total amount you borrowed for the specified go out, which is usually 61 days. You could download the latest app on cell phone from the Zenka webpages. Once filling out the applying and you can registering effortlessly, might have the financing within just five minutes.

ten. Zidisha

Zidisha is one of the greatest the brand new mortgage software into the Kenya. It is a non-earnings credit program, as well as your credit comes from independent lenders, maybe not the organization alone. New app only links loan providers so you’re able to individuals. You really must be employed otherwise in operation, has a working Fb membership, a nationwide ID, a subscribed Safaricom sim credit, and a good credit history to be eligible for Zidisha borrowing.

11. Okash

Okash brings private and you will loans as high as Ksh. 60,one hundred thousand. Download the new app out-of Google Enjoy Store, set it up, and you can sign in to locate instantaneous fund. Okash software decides the loan limit and you will percentage several months of the considering the private information you bring during membership. The annual interest to your Okash financing try fourteen%.

several. Eazzy

Like many mortgage applications within the Kenya, Security bank’s Eazzy app brings quick finance within 24 hours regarding winning software. The new fund try paid on Security checking account, Mpesa line, otherwise Equitel sim cards.

Control *247# to discover the financing directly to the sim cards in the place of using the software. You are qualified to receive around KSh2 mil in the credit, and the program find the loan limitation. Additionally, it has the benefit of a flexible fees age up to 12 months.

The latest app deducts fund from the account when you look at the instalments on an excellent thirteen % per annum rate of interest. It is possible to pay your own Eazzy software quick loans during your Equitel sim cards or have fun with Mpesa Paybill amount 247263 as well as your Collateral account matter.

thirteen. Utunzi

Utunzi credit software suits Meters-Pesa users. It mobile currency credit system also provides private and company credits off Ksh.3 hundred to Ksh.step 1,one hundred thousand,100. Utunzi software lets a fees age of 91 months so you’re able to thirty six days at a good twelve% service commission and you will a yearly attention out-of twelve%. You also shell out a supplementary Ksh.eight hundred while the a yearly account government commission.