Looking for a legit loan app in Kenya that offers quick, affordable, and reliable loans? The Okolea Loan App Kenya is one of the most trusted digital lending platforms, licensed and approved by the Central Bank of Kenya (CBK). Managed by Okolea International Ltd, this app has gained nationwide recognition for providing fast business and personal loans via M-Pesa, with flexible repayment plans and competitive interest rates.
🏦 About Okolea Loan App Kenya
Okolea International Ltd is a CBK-approved and registered digital lender dedicated to supporting Kenyan businesses and individuals with easy access to credit. Through the Okolea Loan App, users can apply for loans, receive funds instantly through M-Pesa, and conveniently repay their loans using the same platform or USSD service.
Okolea’s mission is to empower small and medium enterprises (SMEs) by offering transparent, affordable, and digital-first financial solutions that promote financial inclusion and business growth.
💡 Why Choose Okolea Loan App?
✅ Licensed and Regulated by CBK – Your money and personal data are protected by Kenya’s financial regulations.
✅ Business-Focused Loans – Specially designed for entrepreneurs, startups, and SMEs.
✅ Instant Loan Approval & Disbursement – Get your funds instantly via M-Pesa.
✅ Low Monthly Interest Rates – Starting from as low as 5% per month.
✅ Flexible Repayment Terms – Repay over a period of 30 to 360 days (up to 12 months).
✅ Multiple Access Options – Apply via the mobile app, website, or USSD code (*842#).
💸 Okolea Loan App Features
| Feature | Details |
|---|---|
| Lender | Okolea International Ltd |
| CBK Licensed | ✅ Yes |
| Loan Range | KES 1,000 – KES 500,000 |
| Loan Purpose | Business and Personal Loans |
| Interest Rate | From 5% per month |
| Repayment Period | 30 – 360 days |
| Disbursement Channel | M-Pesa |
| Repayment Method | M-Pesa Paybill 245316 (Account: Your Phone Number) |
| USSD Code | *842# |
| Website | www.okolea.com |
| Customer Support | +254 742 532 281 / help@okolea-international.com |
📲 How to Apply for a Loan with Okolea
Option 1: Okolea Mobile App
- Download the Okolea Loan App from the Google Play Store.
- Register with your personal details (ID and phone number).
- Select your desired loan amount and repayment duration.
- Submit your loan request for approval.
- Receive the approved loan instantly via M-Pesa.
Option 2: Okolea Website
- Visit www.okolea.com.
- Create an account or log in.
- Choose your loan package and repayment period.
- Submit your application online.
Option 3: USSD Code
- Dial *842# on your Safaricom line.
- Follow the prompts to register and apply for a loan.
- You can also check your balance and make repayments using this code.
💰 How to Repay Your Okolea Loan
Repaying your Okolea loan is easy and convenient:
- Go to M-Pesa Menu → Lipa na M-Pesa → Paybill
- Paybill Number: 245316
- Account Number: Your registered phone number
- Enter the amount and confirm payment
Timely repayments increase your credit limit and improve your Okolea score, allowing you to qualify for larger loans in the future.
🧾 Okolea Loan App Advantages
- Instant loan processing – No long waits or paperwork.
- Business-friendly solutions – Ideal for entrepreneurs and SMEs.
- Low interest rates – From only 5% per month.
- Flexible terms – Repay between 30 to 360 days.
- Multiple platforms – Apply via app, website, or *842#.
- Excellent customer service – Quick response via phone or email.
📞 Okolea Customer Support Contacts
- Phone: +254 742 532 281
- Email: help@okolea-international.com
- Website: www.okolea.com
❓ Frequently Asked Questions (FAQ)
1. Is Okolea Loan App legit in Kenya?
✅ Yes, Okolea is a legit loan app approved and regulated by the Central Bank of Kenya (CBK).
2. How much can I borrow from Okolea?
You can borrow from KES 1,000 to KES 500,000, depending on your creditworthiness.
3. Do I need collateral to get a loan?
No. Okolea loans are unsecured mobile loans—no collateral required.
4. How soon do I receive the loan after approval?
Loans are disbursed instantly via M-Pesa once approved.
5. What if I don’t have a smartphone?
You can still access Okolea services using the USSD code *842#.
6. What happens if I delay repayment?
Late repayments may attract penalties and reduce your borrowing limit for future loans.
📊 Top Legit Loan Apps in Kenya (2025 Comparison Table)
| Loan App | Company | CBK Licensed | Loan Range (KES) | Interest Rate (Monthly) | Repayment Period |
|---|---|---|---|---|---|
| Okolea Loan App | Okolea International Ltd | ✅ Yes | 1,000 – 500,000 | From 5% | 30 – 360 days |
| M-Shwari | NCBA Bank & Safaricom | ✅ Yes | 100 – 50,000 | 7.5% | 30 days |
| KCB M-Pesa | KCB Bank Kenya | ✅ Yes | 1,000 – 1,000,000 | From 8.9% | 30 days |
| Tala Loan App | Tala Kenya Ltd | ✅ Yes | 500 – 50,000 | From 10% | 21 – 60 days |
| Branch Loan App | Branch International Ltd | ✅ Yes | 500 – 70,000 | From 7% | 30 – 180 days |
| Zenka Loan App | Zenka Digital Ltd | ✅ Yes | 500 – 50,000 | From 9% | 30 – 90 days |
🧩 Conclusion
The Okolea Loan App Kenya is one of the most reliable and transparent digital lenders offering affordable credit solutions to Kenyan businesses and individuals. With CBK approval, low interest rates, instant disbursements via M-Pesa, and multiple access options, Okolea continues to set the standard for safe and legit mobile lending in Kenya.
Whether you’re a small business owner or an individual looking for fast and flexible financing, Okolea Loan App is a trusted choice to meet your financial needs.