13 Platforms To Get Quick Online Loans In Kenya

Quick online loans are day-savers for most people these days, emergencies can now be taken care of without much stress as it’s used to be. The availability of quick online loans apps in Kenya is one of the best developments to hit the country.

Mobile loan apps are nothing like banks which tend to be stricter in their loaning programs. Mobile loan apps provide quick online loans without collateral (unsecured loan ) in Kenya and are accessible to all smartphone users including the marginalized, remotely located and unbanked population.

Top 10 quick online loans platforms to get quick loans in Kenya:

Thinking of getting a quick loan for urgent cash need? Then look no further for you are in the right place.

Here is a list of the best platforms to get quick online loans in Kenya:

1. Mshwari 

Mshawari quick online loans in kenyaMshwari is the most common quick loan platform in Kenya, and also the frequently abused micro-borrowing platform in Kenya as well. If you are a Safaricom user, this is one of the most reliable and fastest ways of acquiring a quick loan in Kenya. All you require is to set up Mshwari in your M-pesa menu.

To qualify for Mshwari, you have to be active on Mpesa for at least six months. The best part about Mshwari is that the loans are instant, only limited by your loan limit.

The minimum loan amount is Kshs.100 and you can gradually raise your Mshwari loan limit to Kshs.20,000. Your loan limit is determined by Safaricom, based on your Mpesa transaction history and past loan repayments.

All mshwari loans have a repayment duration of 30 days at a flat 7.5% interest rate. If you default on a Mshwari loan, the repayment period is extended by an additional 30 days while an additional 7.5% facilitation fee is applied. Thereafter, you will lose access to Mshwari for 30 days for late loan repayment.


  • Eligibility: Be a registered & active Mpesa user for over (6 months)
  • Minimum loan amt: Sh. 50
  • Maximum loan amt: Sh. 1,000,000
  • Repayment duration: 30 days
  • Loan Interest: 7.5%

2. KCB Mpesa

kcb m-pesa quick online loans in kenyaThis is one of the easiest ways to get quick online loans in Kenya without collateral. You are qualified for KCB once you have an active Mpesa account for at least six months.

You can find the KCB Mpesa menu under the loans and savings option in Mpesa. The service is facilitated by KCB bank, but it is separately managed from the usual KCB accounts. You can have a KCB Mpesa even if you are a current customer of the bank.

KCB often offers much better loan limits compared to Mshwari. Plus, it is much easier for your loan limit to increase, with the maximum amount issued pegged at Kshs.1,000,000.

You can repay your loan in one month, three months or six months depending on your selection criteria but remember the more the number of repayment months the higher the interest.

Dial *844# to get started.

Note that if your Mpesa and KCB first names are different, you might encounter problems in withdrawing your money from the platform. Visit the nearest branch and your problem will be solved.


  • Must be 18+ years
  • Have a registered and active M-pesa account for 6 months
  • Minimum loan amt: kshs 50
  • Maximum loan amt: kshs. 1,000,000
  • Repayment duration: 1 – 3 months.
  • Loan Interest: 1.16% per month with a one-off negotiation fee of 2.5%. The cost for the one month loan is 3.66% with excise duty applicable on fees.


3. Branch

Branch Loan App, Quick Loan Apps in NigeriaBranch is one of the best providers of micro-loans in Kenya.  Branch works exclusively through a mobile app and you can access loans anywhere and anytime. All you need is to download the Branch app from Play Store and fill in the application form.

The more you use Branch, the more you build your credit by paying back on-time and this also helps you unlock larger and long-term loans.

You will find that most other solutions on this list require you to have an android phone. This is because it makes it easier for the app to gain access to your Mpesa transaction messages. These are used to determine your eligibility and loan limit.

You will have to start by accessing the minimum loan amount offered at Kshs.1000. Each successful repayment increases your loan limit while lowering your interest rate. Branch is one of the best mobile loan app providers and is highly recommended.

The repayments must be completed through 3 equal weekly instalments.


  • Access Branch loans by downloading the Branch App from the Play Store
  • Eligibility: Be a Registered and active Mpesa user, Facebook account, and Accumulation of more SMS and Mpesa transaction messages on phone.
  • Minimum loan amt: kshs.1000
  • Maximum loan amt: Sh.20,000
  • Repayment duration: 3 equal weekly installments


Tala(formerly Mkopo Rahisi)

Launched in 2014 as Mkopo Rahisi, Tala was the first mobile loan app in Kenya. It provides credit on your mobile, on demand, instantly.

To access Tala loans , you need to have an android smartphone as well as an active Facebook account.
To start, simply download the Tala App from the Google PlayStore. Launch the app and link your Facebook account and you will be ready to start using the service.

Before borrowing a loan, you will be asked a few personal questions that will determine whether you qualify for a loan. However, the app mainly depends on reading your mpesa transaction history to determine whether you will be allowed access to Tala loans.
The minimum loan amount offered is Sh.500, while it can increase to Sh.50,000 on the back of a good repayment history. You are supposed to pay the loan back in 3 weekly installments while the interest rate is pegged at 15%.


  • Minimum loan amt: ksh.500
  • Maximum loan amt: kshs.50,000
  • Repayment duration: 3 equal weekly installments
  • Loan interest rate: 15%


  1. Saida Loans

Saida loan seems to be the most difficult one to qualify for, to be eligible for this loan, you should be a user of mobile money serves like Mpesa, Airtel Money who makes and receives calls on a daily basis.

Saida is a Mobile loan app similar to Brance and Tala, All you have to do visit their website http://getsaida.com/ or download the app.


Once you are approved you will get your loans instant via the mobile money service you use.

Saida is a Mobile app, that is very similar to Branch and Tala, although it is a bit harder to qualify for their loans. To be eligible, you need to be very active on Mpesa/Airtel Money and make transactions every two days; make and receive calls/sms daily; proof of income that is enough to allow you to pay back the loan.


  • To access Saida, download the app from the  Fill in your mobile number and wait for an invitation to access loans.
  • Minimum loan amt: shs.600
  • Maximum loan amt: Sh.15,000
  • Repayment duration: 30 days
  • Loan interest rate: 10%


6. Zawadi Loans

With Zawadi Kenya, you can apply for a loan online and get it the same day at no extra charge, it takes only two hours to get approval.

The loan that you can be awarded is dependent on Zawadi’s evaluation of your ability to repay. Instant loans can be returned in a month’s time while school loans can be paid in three months time.

The only condition with Zawadi loans is that you must be employed to qualify for this loan.

Visit the website  zawadikenya.co.ke to apply for the loan.

7. Timiza

Timiza is a digital banking platform launched by Barclays Bank of Kenya to offer instant online loans.

You can register by dialing *848# on your Safaricom line or download the Timiza application from the Google Play Store.

To qualify, you have to be an M-pesa subscriber for six months and an active user of Safaricom and M-pesa services.

Borrowers can get loans of up to Ksh. 150,000 payable in 30 days with an interest of 6.17 percent.

Timiza is a loan app by the Barclays bank of Kenya. Besides, loans you can also use the app to get access to other services like paying bills, airtime top up,buying insurance,forex and paying for Little Cab over Android smartphones and tablets.

All you need is to be 18 years and above,have an Mpesa account and an Android device (either a smartphone or tablet).

Now you’re ready to go!

If you don’t get a loan limit right away, you can start saving with your virtual Timiza account or give it sometime.

8. Shika loan

The application is available to Android mobile users but currently, it is only Safaricom subscribers who can use the loan service.

Here, loan limits range from Ksh 500 to Kshs 20,000.

The loans are charged a fixed facilitation fee rate of 15 percent once the amount is approved.

The maximum loan repayment period is 30 days while failure to do so on time attracts a 10 percent rollover fee on top of the amount is owed.

9. Zidisha Loans

Zidisha refers to a peer to peer lending (P2P) method and a way for people and businesses to acquire small loans online in Kenya.

The service does this by linking money lenders to borrowers in Kenya and across Africa. With Zidisha, the minimum loan limit is Ksh 10,000 with weekly and monthly repayment structures.

Zidisha loans do not attract any interest rates.

Zidisha is a p2p lending platform. Peer-to-peer lending, sometimes abbreviated P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

Zidisha is a non-profit organization that connects borrowers from Kenya and across Africa, with lenders from North America and Europe.

  • Minimum loan amt: $100
  • Maximum loan amt: $10,000
  • Repayment duration: weekly or monthly installments
  • Loan interest rate: None.


10. Utunzi

Utunzi enables clients to apply for loans ranging from ksh500 to ksh100, 000.

Loan approvals depend on a borrower’s credit score considering also the information provided in the sign-up questionnaire.

11. Haraka Loans

Haraka loan app offers Kenyan loans ranging between Ksh500 and Ksh 5,000.

To qualify for this, all you need is to sign up using your Facebook account and apply for a loan.

12. PesaZone Loans

You can borrow from Ksh 250 to Ksh 5,000 from the App and receive the cash via M-pesa from anywhere in Kenya without any securities.

13. Jazika

This is another app that can save you during emergencies and avoid costly bank overdraft fees and payday loans.

Go ahead and take a small loan and don’t forget that failure to pay leads to you being blacklisted by the CRB


The MoneyPedals Editorial Team is a group of Business and Financial experts led by Simon Abolaji. Page maintained by Simon Abolaji you can connect with him on his social media handles below.

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