Best loan apps in Kenya to get instant loan (2024)

If you have been looking for the best loan apps in Kenya, you should read this post. There are different loan apps in Kenya offering instant loans to people for their businesses and other personal needs. 

These loan apps offer loans from Ksh 500 to Ksh 5000 and above. Your limit all depends on your transaction history.

Most of these loan apps are owned and managed by local banks in Kenya, and you have to meet the requirements before qualifying for any loan. 

Continue reading for more details about the best loan apps in Kenya.

Best loan apps in Kenya

  • Mco-opcash loan 
  • Branch loan app
  • Timiza loan app
  • Tala loan app
  • Eazzy loan
  • KCB Mpesa loan
  • HF Whizz loan
  • Zenka loan app
  • InstarCash loan app
  • M-Shwari loan app

1. Mco-opCash

Mco-opCash is one of the best loan apps in Kenya; it is a product of the Kenya cooperative bank and offers 1 to 3 months loans to salary earners. 

Apart from this, it also offers 6 months of loans to business owners. To qualify for a loan, your salary must pass through the cooperative bank of Kenya. 

This loan app collects the first interest from your loan before it’s disbursed into your account.

The app is available in the Google Play store and Apple App store.

2. Branch

Branch is Kenya’s second oldest loan app; it was introduced in 2015 and has become very popular. It gives loans up to Ksh 70,000, and the following are what you need to get started;

3. Timiza

TImiza is another loan app by one of the local banks in Kenya known as Barclays bank. This app differs from others because it’s broader than just people using the bank.

Still, its loans are available to everyone in Kenya. Kindly download the app, open an account, and check your eligibility status before applying for any loan.

The app is available on the Google Play Store and Apple App store.

4. Tala

Tala is a flexible loan app in Kenya, and you have between 21 to 61 days to pay back any loan. The interest varies depending on which day you can pay it back, and you can borrow up to Ksh 50,000.

The 30 days payback plan has an interest rate of 7% to 19%, and the 21 days payback plan has an interest rate of 5% to 14%. The qualification process is straightforward, and you only need to answer some questions about your financial status.

The app is available for the Google play store.

5. Eazzy Loan

Eazzy loan is a product of equity banks in Kenya that allows people to access loans at an interest rate of 2% to 10%.

This loan app gives you access to a limited sum of Ksh 3,000,000 and a payback duration of up to 12 months.

6. KCB Mpesa

KCB Mpesa loan app is in conjunction with Safaricom in Kenya to provide very affordable loans to active users of MPesa. You can access these loans in the MPesa menu, or you daily *334# and select the option for loans. 

After registration, your loan limit will depend on how well you have used MPesa and your transaction history. The loans range from Ksh 1,000 to 1,000,000, and the loan is payable within 30 days.

7. HF Whizz

This is another excellent loan app in Kenya. It offers a great amount you need to do your online transactions, such as money transfers, buying airtime, paying for goods with your HD account, etc.

The app is available in the Google Play store and Apple App store.

8. Zenka

Zenka is another excellent loan app to use in Kenya, and the fantastic thing about this platform is that you get your first loan free of interest.

For instance, if you seek a loan of Ksh 1,000 you get to pay back that same Ksh 1,000 without interest on your first time. Their loan amount ranges from Ksh 500 to Ksh 30,000, and the interest rate is 11%.

The app is available on the Google Play store.

9. InstarCash

This loan app offers instant loans to users in Kenya, and the application process is simple and fast. You must download the app from the Google play store, open an account, and fill out the loan form. 

You will receive an approval message from your MPesa. The interest rate is also affordable, making it one of Kenya’s best loan apps.

10. M-Shwari

M-Shwari is a loan app that offers short-term loans, it allows its users to borrow from Ksh 100 up to Ksh 50,000 with an interest rate of 7.5%. The loan application is processed within 5 minutes and has a loan repayment plan of 30 days. As time goes by, you can qualify for bigger loans if you always pay your loan on time. 

This loan app is in partnership with the commercial bank of Africa, and Safaricom’s M Pesa. So you need your Safaricom’s M Pesa sim to sign up before requesting any loan.


Loan apps in Kenya have become popular over the years because they are an alternative for those individuals who can’t meet up to bank loan requirements.

The above-listed loan apps are the best in Kenya. They have helped many people by giving access to cash to businesses and people who find it challenging to get loans.

When you decide to use any of the apps, ensure you have a guaranteed means of paying back to avoid any penalties.

Different loan apps can allow you to take up to Ksh 200,000, and the branch loan app is one of the best. The branch loan app can offer you this amount within 24 hours of applying, and the repayment plan is within 4 to 40 weeks. The interest varies with the amount of loan you requested for.

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Anthony Adewuyi

Anthony Adewuyi

Anthony is a Content Writer with He is passionate about Finance, Business, and Tech related topics. He is a Digital Entrepreneur with vast experience in Data Analytics and Advanced Google Analytics

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