The Best Loan Apps in Kenya: Top Picks For Interest Rates, Limits and USSD Access

After a close examination of the loan apps and their features in Kenya,I’ve come up with a list of the best.

Despite being overwhelmingly a long list,some of the mobile loan apps top in various categories according to being the new apps, interest rates and loan limits.

Here are the top loan apps in Kenya

Branch – Top In Large Loan Amounts

With branch loan app, a customer can get a loan amount as high as ksh 300,000. This is a very good amount enough to enable a customer to start and run a small business in Kenya.

Zenka – Best In Large Loan Limits

This app can provide up to ksh 200,000 instantly to any qualified borrower. This is a large loan amount compared to what other apps are currently providing.

Koro – Best in Large loan amounts

This lender gives up to ksh200,000 to a very qualified borrower.

Zash – Best In Large Loan Limits

Zash makes it to this list as a lender giving large loan amounts. A customer can get up to ksh200,000 directly from Zash loan app.

Chapeo Credit- Best In Large Loan Limits

This is also another loan app which can give up to ksh200,000

LinkPesa – Best In Large Loan Limits

This lender is new but can give a really high loan amount at ksh90,000 instantly to a customer with the required qualifications.

Timiza – Top in Loan Interest Rates

The app is known for providing affordable loans at an interest rate of 25% per year (Maximum APR)

Tala – Best Loan App in Low Interest Rates
When you take a loan from Tala,you can pay as low as 0.3% per day. Tala is also known for easy and flexible loan payment.

Pawa Kash – Best in Low Interest Rates

You’ll be charged an interest rate of 24% per year Maximum APR if you take a loan from Pawa Kash loan app.

LendPlus – Top In Easy Loan Approval

This app can give loans easily even to individuals blacklisted by the the CRB.

Bora Credit – Best in Easy Loan Approval

According to previous customers,the loan approval rate for Bora Credit is over 80%. This beats popular loan apps like AsapKash, TruePesa,Meta loan and wooden loan.

Kopasmart – Top In High Minimum Loan Limit

Kopasmart gives a minimum of ksh 8,000 to a qualified customer which is way to high.

ZK Pesa – Best In High Minimum Loan Limit

ZK Pesa is another loan app you can consider for a large first time loan. The minimum you can get here is ksh2,000

FlashPesa – Best in High Minimum Loan Limit

The least FlashPesa can give a borrower is ksh 1,000 which is high compared to a majority of other apps which have a minimum of ksh500 for example Tala.

Beta Pesa – Best In Long Repayment Duration

A new loan app but has already made it to this list as one of the best in giving customers enough time to pay loans. Beta Pesa loan repayment duration is up to 360 days.

4coins – Top In Small Loans

If you’re looking for just a small loan amount,then 4coins loan app can help. Loans here ranges from ksh 500 to only ksh 5,000

Zigi – Top Payday Loan App

Zigi is the top payday loan app in Kenya. Registered salaried individuals can get from ksh 6,000 to ksh 40,000

Bear Kash – Best In Payday Loans

The app can provide from ksh 5,500 to ksh 20,000 as advance salary to qualified borrowers.

Kamoa – Top Loan Aggregation App

With Kamoa app, you can find finance education and funding from a variety of lenders willing to give up to ksh100,000 as loan

Ubapesa – Best In Loan Aggregation

Similar to Kamoa, with Ubapesa,a customer can find a collection of lenders to choose from.

Numida – Top Business Loan App

Numida is the loan app for individuals running businesses and are looking for funding.

Mega Loan – Top Webloan provider

This lender is the top in providing loans via website Mega loan co ke

Daviva – Best Webloan provider

Just like Mega loan, Daviva provides loans via website Daviva co ke

SC Juza – Top Loan App Backed By Banks

Backed by Standard Chartered Bank, SC Juza can give up to ksh100,000 as loan to a borrower.

Hustler Fund – Top USSD Loan

This is the top USSD code loan in Kenya. You can dial *254# to get a loan according to your limit.

Fuliza – Best USSD Loan

Just like Hustler Fund, Fuliza is accessible via a USSD Code. You simply dial *334# to get started.

Conclusion

If you’ve been looking for a reason to choose a loan app,then this list of the best loan apps in Kenya should serve you best.