Mobile loan apps have become a lifeline for millions of Kenyans seeking fast and flexible credit. With the digital lending space growing rapidly, borrowers now have dozens of options that differ in terms of interest rates, repayment schedules, and borrowing limits.
In this article, we’ll explore 39 of the top-rated low-interest loan apps in Kenya, their rates, and what makes them stand out.
1. Branch Loan App
- Interest Rate: 2% to 18% per month
- Repayment: Flexible
- Highlights: Among the pioneers, offers instant loans based on your M-Pesa and phone data.
2. Tala Loan App
- Interest Rate: 0.3% per day
- Repayment: 21–30 days
- Highlights: Simple onboarding, reliable customer support.
3. Zenka Loan App
- Interest Rate: 2.45% to 39% of the principal
- Repayment: 61–180 days
- Highlights: Offers promo codes and bonus loan limits.
4. Timiza Loan App (Absa Bank)
- Interest Rate: 1.083% plus 5% facilitation fee per 30 days
- Repayment: Monthly
- Highlights: Linked to Absa accounts, allows payments and insurance.
5. Flash Pesa
- Interest Rate: 0% interest, but 36% annual fee
- Repayment: 91–180 days
- Highlights: Transparent fee system.
6. Fairkash Loan App
- Interest Rate: 3% to 18% per year
- Repayment: Flexible
- Highlights: Among the lowest annual rates.
7. Linker Mkopo Loan App
- Interest Rate: 5% to 36% APR
- Repayment: 91–365 days
- Highlights: Great for medium-term loans.
8. Pawa Kash Loan App
- Interest Rate: Max APR 24%
- Highlights: Easy-to-use interface.
9. AdvancePoa Loan App
- Interest Rate: APR 40.15% to 84.75%
- Repayment: 91–365 days
- Highlights: Larger loan sizes.
10. 4Coins Loan App
- Interest Rate: 58.035% to 96% APR
- Highlights: High rates, best for urgent short-term needs.
11. Digital Loan Plus
- Interest Rate: 12% to 36% APR
- Highlights: User-friendly app.
12. Koro Loan App
- Interest Rate: 2.45% to 39%
- Highlights: Similar model to Zenka.
13. Sulu Cash
- Interest Rate: 15% to 35% APR
- Highlights: Flexible repayment options.
14. Meta Loan App
- Interest Rate: Max APR 48%
- Highlights: Targeted at repeat users.
15. InstarCash Loan App
- Interest Rate: 36% to 72% APR
- Highlights: Fast approvals.
16. ZkPesa Loan App
- Interest Rate: 12% to 36% APR
- Highlights: Good for mid-sized loans.
17. Zuri Cash Loan App
- Interest Rate: 18% to 36% APR
- Highlights: Competitive for first-time borrowers.
18. RocketPesa Loan App
- Interest Rate: 2% per month
- Highlights: Simple fee structure.
19. Zigi-Safe Loan App
- Interest Rate: 15% to 35% APR
- Highlights: Moderate rates.
20. Kashbean Loan App
- Interest Rate: Max 36% APR
- Highlights: Transparent charges.
21. Zash Loan App
- Interest Rate: Max 25% APR
- Highlights: Lower compared to peers.
22. HakiPesa Loan App
- Interest Rate: 12% to 25% APR
- Highlights: Ideal for smaller loans.
23. HelaSasa Loan App
- Interest Rate: 12% to 36% APR
- Highlights: Medium-tenure lending.
24. AsapKash Loan App
- Interest Rate: 18% APR
- Highlights: Flat yearly charges.
25. Bayes Loan App
- Interest Rate: 30% to 120% APR
- Highlights: Very high, mostly emergency loans.
26. BetaPesa Loan App
- Interest Rate: 2% per month
- Highlights: Straightforward monthly rate.
27. Wooden Loan App
- Interest Rate: 15% to 30% APR
- Highlights: Quick approval.
28. Bora Credit Loan App
- Interest Rate: 36% to 72% APR
- Highlights: Higher limits for repeat borrowers.
29. Chapaa Loan App
- Interest Rate: 24% to 50% APR
- Highlights: Flexible repayment terms.
30. TumaCash Loan App
- Interest Rate: 14% to 30% APR
- Highlights: Fast disbursements.
31. Choice Sasa Loan App
- Interest Rate: 36.5% to 103.5% APR
- Highlights: Very quick processing (under 5 minutes).
32. LetsGo Loan App
- Interest Rate: 24% APR
- Highlights: Predictable repayment plan.
33. Bear Kash Loan App
- Interest Rate: 15% to 32% APR
- Highlights: Targeted at frequent borrowers.
34. KopaSmart Loan App
- Interest Rate: 12.36% plus 3.09% excise duty
- Highlights: Structured fees.
35. Parallel Card Credit Loan App
- Interest Rate: 12% to 30% APR
- Highlights: Linked to virtual card services.
36. Berry Loan App
- Interest Rate: 27% to 260% APR
- Highlights: Among the highest, suitable for emergencies only.
37. CreceImpulso Loan App
- Interest Rate: Max 18.25% APR
- Highlights: One of the lowest annual rates.
38. Senti Loan App
- Interest Rate: 15% to 20% once
- Highlights: Licensed by CBK, transparent.
39. EasyBuy Loan App
- Interest Rate: 12% to 36% APR
- Highlights: Also offers installment purchases for phones/electronics.
📊 Summary Table of 39 Loan Apps in Kenya
| # | Loan App | Interest Rate / APR |
|---|---|---|
| 1 | Branch | 2% – 18% per month |
| 2 | Tala | 0.3% per day |
| 3 | Zenka | 2.45% – 39% of principal |
| 4 | Timiza | 1.083% + 5% fee (30 days) |
| 5 | Flash Pesa | 0% + 36% annual fee |
| 6 | Fairkash | 3% – 18% per year |
| 7 | Linker Mkopo | 5% – 36% APR |
| 8 | Pawa Kash | Max 24% APR |
| 9 | AdvancePoa | 40.15% – 84.75% APR |
| 10 | 4Coins | 58.035% – 96% APR |
| 11 | Digital Loan Plus | 12% – 36% APR |
| 12 | Koro | 2.45% – 39% |
| 13 | Sulu Cash | 15% – 35% APR |
| 14 | Meta Loan | Max 48% APR |
| 15 | InstarCash | 36% – 72% APR |
| 16 | ZkPesa | 12% – 36% APR |
| 17 | Zuri Cash | 18% – 36% APR |
| 18 | RocketPesa | 2% per month |
| 19 | Zigi-Safe | 15% – 35% APR |
| 20 | Kashbean | Max 36% APR |
| 21 | Zash | Max 25% APR |
| 22 | HakiPesa | 12% – 25% APR |
| 23 | HelaSasa | 12% – 36% APR |
| 24 | AsapKash | 18% APR |
| 25 | Bayes | 30% – 120% APR |
| 26 | BetaPesa | 2% per month |
| 27 | Wooden | 15% – 30% APR |
| 28 | Bora Credit | 36% – 72% APR |
| 29 | Chapaa | 24% – 50% APR |
| 30 | TumaCash | 14% – 30% APR |
| 31 | Choice Sasa | 36.5% – 103.5% APR |
| 32 | LetsGo | 24% APR |
| 33 | Bear Kash | 15% – 32% APR |
| 34 | KopaSmart | 12.36% + 3.09% fee |
| 35 | Parallel Card Credit | 12% – 30% APR |
| 36 | Berry | 27% – 260% APR |
| 37 | CreceImpulso | Max 18.25% APR |
| 38 | Senti | 15% – 20% once |
| 39 | EasyBuy | 12% – 36% APR |
❓ Frequently Asked Questions (FAQ)
1. Which loan app in Kenya has the lowest interest rates?
Fairkash (3%–18% per year) and CreceImpulso (max 18.25% per year) rank among the lowest.
2. Which apps disburse loans the fastest?
Apps like Tala, Zenka, Choice Sasa, and Branch are known for instant loan approvals (within minutes).
3. Are all these apps licensed by CBK?
Not all. Apps like Tala, Branch, Timiza, and Senti are regulated or linked to licensed entities. Always confirm licensing on the CBK website.
4. How can I increase my loan limit?
Repay on time, borrow consistently, and maintain a good M-Pesa transaction history.
5. Which loan apps should I avoid?
Apps with very high APRs (like Berry at up to 260%) may be costly unless used for emergencies.
6. Can I repay these loans via M-Pesa?
Yes, almost all loan apps in Kenya allow repayment directly via M-Pesa Paybill or in-app STK push.