Are you searching for a legit and CBK-approved loan app in Kenya that offers quick, flexible, and affordable loans directly to your M-Pesa account? The Koro Loan App, powered by Zenka Digital Limited, is one of the most trusted digital lending platforms in Kenya. With fast approval, low interest rates, and flexible repayment plans, Koro stands out among the best instant loan apps in Kenya today.
💡 About Koro Loan App Kenya
Koro Loan App is a product of Zenka Digital Limited, a Central Bank of Kenya (CBK)-licensed digital credit provider. The app was developed to help Kenyans access quick and convenient short-term financing solutions without complicated paperwork or collateral.
Borrowers can get instant loans ranging from KES 1,000 to KES 200,000, disbursed directly to their M-Pesa wallets. Koro’s user-friendly interface and transparent loan terms make it one of the most reliable noand customer-friendly mobile loan apps in Kenya.
💰 Koro Loan Limits, Interest Rates, and Repayment
| Feature | Details |
|---|---|
| Loan Amount | KES 1,000 – KES 200,000 |
| Interest Rate | From as low as 2.45% |
| Late Repayment Fee | 1.5% per day |
| Repayment Period | 7, 14, or 30 days |
| Repayment Method | M-Pesa Paybill 979988, Account Number: Your M-Pesa Phone Number |
Koro Loan App gives borrowers flexible repayment plans, allowing you to choose between short-term options depending on your financial capability.
📲 How to Apply for a Koro Loan
Applying for a Koro loan in Kenya is simple and fast. Follow these steps:
- Download the Koro Loan App from the Google Play Store.
- Register using your National ID, M-Pesa number, and basic personal details.
- Choose your loan amount and repayment duration.
- Submit your application and wait for approval.
- Upon approval, loan funds are deposited instantly to your M-Pesa account.
💵 How to Repay Your Koro Loan
To repay your Koro loan on time:
- Open your M-Pesa Menu.
- Select Lipa na M-Pesa → Paybill.
- Enter Paybill Number: 979988.
- Use your M-Pesa phone number as the Account Number.
- Enter the repayment amount and confirm.
Once the payment is made, you’ll receive an automatic confirmation message.
🧾 Koro Loan Requirements
To qualify for a loan from Koro, you must meet the following eligibility criteria:
- Be a Kenyan citizen aged 18 years or above.
- Possess a valid National ID card.
- Own a registered and active M-Pesa number.
- Have a consistent income source (job, business, or freelance).
- Maintain a positive repayment record with Koro or other lenders.
📞 Koro Loan App Customer Care
Need help or clarification? Contact the Koro Loan App support team via:
- Phone:
+254 746 106 103
+254 730 895 100
+254 20 765 0878
+254 20 790 9062 - Email: support@koro.co.ke
- Website: www.koro.co.ke
✅ Is Koro Loan App Legit or Scam?
Yes, Koro Loan App is 100% legit. It is owned and managed by Zenka Digital Limited, a licensed digital credit provider approved by the Central Bank of Kenya. Borrowers can confidently apply knowing that their data, funds, and transactions are handled under CBK regulations and data protection standards.
🧠 Expert Tips Before Borrowing from Koro
- Understand all loan terms before applying.
- Repay on time to avoid a 1.5% daily late fee.
- Borrow only what you can repay within the selected duration.
- Use the loan responsibly — for emergencies, business, or essential needs.
📊 Summary Table of Top Legit Loan Apps in Kenya (2025 Update)
| Loan App | Company | Loan Limit | Interest Rate | Repayment Period | CBK Approved | Repayment Method |
|---|---|---|---|---|---|---|
| Koro Loan App | Zenka Digital Ltd | KES 1,000 – 200,000 | From 2.45% | 7–30 days | ✅ Yes | M-Pesa Paybill 979988 |
| Zenka Loan App | Zenka Digital Ltd | KES 500 – 50,000 | From 9% | 7–30 days | ✅ Yes | M-Pesa Paybill 979988 |
| Meta Loan App | Zillion Credit Ltd | KES 1,000 – 80,000 | From 2% monthly | 14–90 days | ✅ Yes | M-Pesa |
| Bora Credit Loan App | Ceres Tech Ltd | KES 500 – 30,000 | From 10% monthly | 30–90 days | ✅ Yes | M-Pesa |
| Zash Loan App | Zillion Credit Ltd | KES 1,000 – 100,000 | 5–15% monthly | 7–60 days | ✅ Yes | M-Pesa |
| Linker–Mkopo Loan App | Link Pesa Ltd | KES 1,000 – 50,000 | From 3% | 14–60 days | ✅ Yes | M-Pesa |
| Pawa Kash Loan App | Sokohela Ltd | KES 1,000 – 70,000 | From 2% monthly | 30–90 days | ✅ Yes | M-Pesa |
| Loop Pesa Loan App | Ajax Tech Ltd | KES 1,000 – 300,000 | From 1.5% monthly | Up to 12 months | ✅ Yes | In-App / NCBA Account |
❓ Frequently Asked Questions (FAQ)
1. Is Koro Loan App registered with the Central Bank of Kenya?
✅ Yes. Koro Loan App is operated by Zenka Digital Ltd, a CBK-licensed digital credit provider.
2. What is the maximum loan limit on Koro App?
You can borrow up to KES 200,000, depending on your creditworthiness and repayment history.
3. How fast will I receive the loan?
Once approved, funds are disbursed instantly to your M-Pesa account.
4. What happens if I miss my repayment date?
Late payments attract a 1.5% daily penalty. Always repay on time to maintain a good credit score.
5. Can I apply for a Koro loan without CRB clearance?
Yes. Koro considers multiple data points beyond CRB history to assess creditworthiness.
6. How can I increase my Koro loan limit?
Repay loans on time, maintain a good borrowing record, and use the app consistently.
💬 Final Thoughts
The Koro Loan App stands out as one of Kenya’s most dependable digital loan platforms, offering fast, affordable, and transparent credit services. Backed by Zenka Digital Limited and approved by the Central Bank of Kenya, Koro provides peace of mind and financial flexibility to Kenyans looking for quick loans via M-Pesa.
Whether you need emergency funds or short-term business capital, Koro Loan App Kenya is a trustworthy choice — just borrow wisely and ensure timely repayment.