How to Get Loan from These Codes. Type any of the code on your phone Select loan from the menu that will come up and follow the instructions on how to get a loan. Note that these codes can start you with N1000 but if you always pay back in time as you apply for a higher loan you can get up N200 000. Interest rate is 15% and duration is 14days. Grow with Zenka and build your limit up to KSh 30,000 by making your loan repayments on time. For example, for a 61-day loan with a principal amount of KSh 1,000, the processing fee would be KSh290 and the total amount due would be KSh 1,290. Customers have the option to repay their loan amounts even up to 12 months (ZenkaFlexi option).
In this post we list 52 best mobile loan apps in Kenya — including banks with USSD codes and paybill number. Most of these loans are unsecured and instantly sent to Mpesa. Here’s your complete list of mobile loans issued in Kenya without collateral.
Loan apps in kenya with ussd. Best Loan Apps in Kenya – Instant Unsecured Mobile Phone Loan Apps 1. Tala (Formerly Mkopo Rahisi) This app allows you to access a loan of up to Ksh. 50,000. The loan is accessed via M-Pesa. With latest updates to the app, new features allow you to check credit limit and see success stories from loan beneficiaries. The app is currently only available to android system mobile users in Kenya. The Shika loan app is only available to Safaricom subscribers. The amount of loan issued ranges between Ksh 500 to Ksh 20,000. The interest charged is 15%. The maximum duration of loan payment is one month. When repaying the loan use ‘ 811655’ as the Shika Pay-bill. Kopa Doh is a flagship product of Mobile Opulence Ltd which is a Credit Institution certfied by the Central Bank of Kenya in Year 2016. Kopa Doh’s primary focus is on Alternative Financial Services that supports Micro-Lending and Micro-Insurance market segements.
iPesa is a mobile money lender providing quick access to cash through mpesa. The lender gives from kes500 minimum loan to kes50000 as maximum loan amount within minutes. The minimum loan limit is 500 shillings and the maximum limit is 100,000 shillings loan with payment duration of 10 Days. Zidisha Loans Zidisha, an international non-profit organization founded in 2008, is a platform that lends money to individual or business organizations through an online platform that matches creditors directly to borrowers. Do you need to apply for emergency cash loan in Kenya on your phone but do not have a smart phone? Then look no further, here we list 8 ways which you can apply for a loan using USSD on your phone. Requesting for a loan and having the money sent to your phone using USSD will work on any phone.
Zenka is one of the new loan apps in Kenya today. It provides a new alternative way to get quick mobile loans without having to go through complex procedures. Zenka loan app is a mobile loan application that allows you to extend the due date of your loan up to 61 days. More ussd loans. Borrow Loans Using USSD Codes | An Option to Loan Apps. NIC Bank Launches Instant Mobile Loans in Kenya Without Security. 31 Instant Mobile Loan App(s) in Kenya And How to Access Them. Best Online Money Transfer & Loan Services Paying You to Refer a Friend. 9 Easy Ways to Raise Ksh. 100,000 in Less Than a Week. Mobile Loan Services In Kenya – Best Loan Apps in Kenya. Want instant online loans in Kenya; Get one of the following Loan Apps.Download Today. There are other apps Kenya or mobile loan services in Kenya that are being developed every day. Find our contacts and drop us an email to update the list.
2. Access The HF Whiz Loan Via USSD. Another interesting instant unsecured loan in Kenya is the HF Whiz Loan by The HF Group. You can access this loan from the HF Whiz App or through a USSD code *618#. The Maximum loan Limit by HF Whiz is Ksh. 50,000. This is an incredible increase from the previous Ksh. 10,000 by the same app. Consequently, a gap exists for users that cannot access loan facilities via loan apps. Such users comprise mostly of a sizeable segment of the population that still use feature phones or that can’t access internet. To fill this gap, some banks and other credit institutions now offer instant loans via USSD in addition to their banking and loan. Looking to apply for a loan on your apple iphone IOS in Kenya? Well, that can be quite hard because most loan apps that work on android do not work well on ios. This proves to be a challenge to many iphone users in Kenya to get a mobile loan and cash sent directly to their phone. The two popular ways are either through m-shwari or KCB mpesa.
Zenka loan app is the latest Kenya’s microloan lending app developed by Zenka Kenya. The app currently offers personal loans which range from Ksh 500 to Ksh 20,000 on android smartphone and Ksh 500 to Ksh 10,000 via USSD. Want to find the best mobile loan apps in Kenya? Kashy is the place where you can compare loans and check total loan cost among the biggest lenders.. Available via USSD. Yes *841# Extensions. Yes. Loan extensions are a feature that gives you more control over your loan by letting you postpone your due date by 7, 14 or 30 days. In addition to mobile loan apps, these lenders have USSD codes for loans in Kenya and here is the list; USSD Loans In Kenya 1. Timiza USSD Code A product of Barclays Bank To access loans from Timiza simply dial *848# and follow the next instructions. Download Timiza App 2. HF Whizz USSD Code A product of Housing Finance Corporation (HFC)
Like other loan apps in Kenya, Jazika gives instant loans anytime, anywhere. As long as you have an M-Pesa line and the app in your advice, you are eligible for a credit. Fill the routine application form and wait for the officials to verify your details before the money is disbursed. Credits are repaid as a once-off sum or in instalments. So if you are looking for genuine loan apps in Kenya, then Branch is your sure bet. 2. Timiza by Barclays. One of the best loan apps in Kenya is a beautiful loan product from Absa (formerly Barclays Kenya), Timiza. The best thing about Timiza is that it is open to anybody with a mobile phone.