Absa Lender Kenya Plc (formerly Barclays Lender Kenya Minimal) is amongst the finance companies that have mobile loan apps in the Kenya
Timiza software lets users to get into multiple financial functions thru the mobile phones. The services are instant financing, money transmits, and purchase insurance rates. People that try not to availability the Timiza app normally dial *848# to register and implement to possess cellular loans of Absa Lender.
6. Part
Branch is among loan programs in the Kenya in place of CRB checks. Registration is free in this and you can beyond your country. You can availableness around Ksh.70,one hundred thousand into the Branch application thru smart phones. Financing try approved within 24 hours off software, and there are not any invisible charge. Moreover, Department doesn’t costs late online payday loan Woodward fees otherwise rollover costs.
7. Shika
Shika is one of the credit software providing more than simply funds. It offers cool features getting txt messaging and offers the new reports on politics, sports, enjoyment, etc. Shika app hosts several lenders which give borrowing to help you website subscribers. Finance about this app is customized to fit startups into the agriculture, advantage financing, and charge discounting.
8. iPesa
iPesa loan app has the benefit of credit out of Ksh. five-hundred so you’re able to Ksh. fifty,000 in this 91 months so you’re able to 180 weeks. The annual rate of interest are several%, additionally the application doesn’t have solution charges. Down load new iPesa software into the mobile phone, set it up, sign up to the M-Pesa matter, and ask for that loan. Paying your own credits promptly slowly develops your loan restrict so you’re able to doing Ksh. fifty,100000.
nine. Zenka
Of several consumers when you look at the Kenya like Zenka software. Very first financing is actually appeal-totally free and has now no services payment. You simply pay back the total amount you borrowed inside specified big date, that is constantly 61 months. You can obtain the brand new software to your cellular phone regarding Zenka web site. Shortly after completing the application form and you will registering properly, might receive the loan in under five minutes.
10. Zidisha
Zidisha is amongst the best new mortgage software in the Kenya. It’s a non-cash credit platform, and your borrowing from the bank originates from separate lenders, perhaps not the company in itself. Brand new software merely links loan providers to borrowers. You need to be functioning otherwise running a business, keeps an energetic Myspace account, a national ID, a registered Safaricom sim credit, and you may an effective credit history to qualify for Zidisha borrowing.
11. Okash
Okash brings individual and you will loans of up to Ksh. sixty,000. Download the fresh new app out of Google Gamble Shop, install it, and register discover instant funds. Okash app decides the loan limit and you will fee several months by taking a look at the non-public facts you promote during membership. This new yearly interest rate with the Okash finance are fourteen%.
a dozen. Eazzy
Like other financing software into the Kenya, Equity bank’s Eazzy application brings immediate loans within 24 hours of effective software. The financing is actually paid into the Equity checking account, Mpesa range, otherwise Equitel sim cards.
Dial *247# to get the loan to your sim card in the place of using the app. You’re entitled to to KSh2 million for the credit, plus the system establishes your loan restriction. In addition, it also provides a flexible repayment ages of as much as a dozen days.
New software deducts finance from the membership within the instalments during the a great thirteen % yearly interest. You could pay your Eazzy application instant finance through your Equitel sim card otherwise have fun with Mpesa Paybill count 247263 along with your Security account count.
13. Utunzi
Utunzi borrowing from the bank app suits Yards-Pesa pages. This mobile currency credit program offers individual and you can company credit of Ksh.300 to help you Ksh.1,000,one hundred thousand. Utunzi software lets a fees ages of 91 weeks to help you thirty-six months at the good several% service percentage and you may a yearly focus out of several%. You additionally shell out a supplementary Ksh.400 due to the fact a yearly membership government percentage.