Top 13 mobile Loan apps in Kenya that are on Google play store

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What is Mobile Loan app?

Mobile loan apps have become increasingly popular in recent years, offering quick and convenient access to credit for individuals in need. These apps provide a hassle-free alternative to traditional lending institutions and can be accessed anytime, anywhere via smartphones.

With just a few taps, users can apply for a loan, receive instant approval, and have the funds transferred directly to their bank account. This seamless process has revolutionized the way people borrow money and has become a lifeline for those facing emergencies or unexpected expenses.

One of the significant advantages of mobile loan apps is their accessibility and convenience. Unlike traditional lenders, these apps allow users to apply for a loan from the comfort of their homes, without the need for extensive paperwork or long waits in line.

Additionally, the process is often highly streamlined, with users required to provide only basic personal and financial information. This makes it easier for individuals without a credit history or collateral to obtain a loan and meet their immediate financial needs.

Moreover, mobile loan apps often boast quick approval times and prompt disbursement of funds. In some cases, users may receive their money within minutes of applying, making it an ideal option for urgent situations.

This speed is facilitated by cutting-edge technology and data analysis, allowing lenders to assess applicants’ creditworthiness and determine their eligibility swiftly. With these apps, individuals no longer have to endure extended waiting periods for loan approval, making them a highly attractive borrowing option for those in need of immediate financial assistance.

Top 13 Loan Apps in Kenya that are Google play store

1. Branch Loan App

The first loan app in Kenya to review is Branch Loan. It is a popular app introduced to Kenyans in 2015 by Branch International. After Tala, the branch loan app is Kenya’s second oldest online mobile lending platform.

The Branch loan app is available in Kenya and can also be found in Tanzania and Nigeria. The mobile lending app gives its users loans up to KES 70,000.

To get started on Branch App, you download it from Google Play, use Facebook to sign up, and log in, and automatically you will know if you qualify for a loan. If they approve you for a loan, you will receive it through M-Pesa.

2. Tala Loan: Best Loan App in Kenya

I initially knew it as Mkopo Rahisi and rebranded to Tala. Tala Loan App is among Kenya’s best and oldest mobile loan applications. Over the years it has existed in Kenya, Tala has become the most trusted mobile loan provider and one of Kenya’s best instant loan apps.

They offer loans up to 30,000 and disburse the loan through M-Pesa. They pride themselves on giving loans in less than 5 minutes, and you will build your credit up to the maximum amount by repaying your loans in time.

Tala App has over 5 Million downloads on the Google Store and is one of Kenya’s most popular money-lending apps. To get a loan from Tala, you must download it to your smartphone and create an account. If they do not list you on CRB, you will get your first loan to choose the payment terms.

3. Timiza Loan

Timiza is an online Mobile money app by Absa group, formerly known as Barclays Bank Kenya, one of the local banks in Kenya. As mentioned earlier, the lending app craze in Kenya has forced mainstream financial players to innovate.

Unlike other apps from banks, the best thing about Timiza is that they do not limit it to the bank’s customers alone but are available to all Kenyans.

Apart from offering loans, the Timiza app also serves as a bank account to manage their account.

Timiza loans have a repayment period of 30 days, and one can borrow up to KES 150,000

. MCo-op cash

This loan app enables the cooperative bank of Kenya customers to access bank services, including emergency loans. It gives customers account balances and transfers cash from their MCo-op Cash to Mpesa, Airtel.

It also allows bank customers to purchase airtime from the MCo-op cash account, among other services. With MCOOP Cash App, you can apply for up to 200,000 shillings, 1.5 times your net salary.

5. KCB M-Pesa

I believe Safaricom set the ball rolling for mobile lenders, and KCB, in partnership with M-Pesa, devised a solution.

If you are a registered M-Pesa user, you can access KCB M-Pesa. Since it is already on your mobile phone, you do not have to go through the pain of downloading and installing the application.

One only needs to click on the KCB Mpesa tab under loans and savings and select a loan. That’s it. They require no registration or further details from you.

Once the amount you have requested is within your loan limit, they will send the loan amount to your Mpesa. KCB M-Pesa, therefore, ranks on the list of the best online M-Pesa loans in Kenya today.

6. Mshwari

I could not finish this list without mentioning a Safaricom product. All the other apps work best with M-Pesa. So, just like KCB, M-Pesa Safaricom, in partnership with NCBA Bank, has a solution for mobile loans dubbed Mshwari

It operates on the principle of saving for accessing a loan. Depending on how you keep on Mshwari and repay your past loans, they can increase your limit.

To qualify for a Mshwari loan, you must be an M-PESA subscriber for six months, save on M-Shwari and actively use other Safaricom services such as voice, data, and M-PESA.

See Online Loans in Kenya

7. Fuliza overdraft facility by Safaricom:

Like Mshwari, the Fuliza overdraft facility is a partnership between Safaricom and NCBA Bank. It helps you access loans outside your loan limit if you have insufficient funds in your M-PESA account.

For instance, they offer an overdraft facility if you send money and your balance is insufficient. All you have to do is accept, and the remaining balance will be sent to your M-Pesa account.

8. HF Whizz Loan

HF Whizz is more than a lending app; it offers so much more where you can do most of your digital transactions.

These include: paying for goods directly from your HF account, money transfer, saving on the app, buying airtime, and applying for a loan. Here is how to get an HF Whizz Loan.

9. Okash Loan

Opera Software develops Okash to tap into the growing money lending business. The application started with a target of providing loans to at least 100,000 Kenyans for a start. The Okash loan app is one of Kenya’s most popular lending apps

10. Zenka Loan

Zenka is one of the best, and the best thing is that you get your first loan free. When you apply for 2000, you pay back 2000. Zenka loans start at Ksh 500 and can go up to 20,000.

After the first free loan, the Zenka loan will charge an 11% interest fee if you repay your loan on time.

Based on the reviews shared by most of its users, the Zenka mobile loan app has zero hidden costs to its customers.

All the costs you might need to incur while accessing the loan are known to you during your application. As a result, they make your loan cost as affordable as possible.

It also has a unique feature that allows customers to top up their loans if they need more money.

However, the eligibility criteria are quite strict, and applicants must have a good credit score and impeccable repayment history.

In addition, Zenka offers a loyalty program for referrals with rewards such as discounts on loan fees and interest rates.

11. Eazzy loan by Equity Bank

Equity Bank offers this mobile loan app and provides borrowers quick access to loans of up to Ksh 3,000,000.

Applying for an Eazzy loan couldn’t be easier; all you have to do is open an equity bank account, download the app and fill in the online application form.

Once approved, the loan is disbursed to your bank account in minutes. The app also provides budgeting tools and repayment reminders to help you stay on top of your finances.

12. NCBA Loop

NCBA Loop app is a mobile banking solution from NCBA Bank. It allows users to access financial services with their phones, such as sending money, paying bills, and applying for loans.

Applying for a loan on the NCBA Loop app is easy; you must input your details and await approval. The loan limit depends on your available saving balance, credit score, and transaction history. NCBA Loop also provides customers with helpful financial advice and budgeting tools to help them manage their finances better.

13. iPesa Loan App


Top 13 loan app in Kenya

iPesa is an online loan app that provides short-term loans of up to Ksh 50,000 with a repayment period of up to 128 days.

The app has a minimum APR of 36% and offers flexible repayment options, including M-PESA or bank transfers. The application process is quick and straightforward; you must fill out an online form, provide basic information and wait for approval.


In conclusion, mobile loan apps have transformed the lending landscape, providing users with a simple and efficient way to access credit.

Their accessibility, convenience, and fast approval process have made them a popular choice for individuals facing emergencies or short-term financial difficulties.

However, it is essential to exercise caution and borrow responsibly when using these apps to prevent falling into a cycle of debt.

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