Digital lending in Kenya has revolutionized access to quick credit, with several loan apps emerging as reliable financial solutions. Regulated by the Central Bank of Kenya (CBK), these platforms provide convenient and instant loans, often without the need for collateral. Here are ten legit loan apps that Kenyans can confidently use for their financial needs.
- Tala
Tala is one of Kenya’s most popular loan apps, known for its quick approval process and flexible lending model. It provides loans of up to KSh 50,000, with approvals taking as little as five minutes. Tala assesses borrowers’ creditworthiness using smartphone data rather than traditional credit checks. While the app does not require a CRB check for loan disbursement, it may report defaulters. The interest rate ranges from 5% to 15% per month, and repayment periods span from 14 to 30 days, with limits increasing for borrowers with good repayment history.
- Branch
Branch offers unsecured personal loans of up to KSh 300,000, using mobile money transaction history and other data to assess credit risk. Unlike traditional banks, it does not require collateral or a CRB check before approving loans, though defaulters may be reported. Interest rates vary between 2% and 18% per month, depending on the borrower’s risk profile. With repayment periods ranging from 62 days to one year, Branch provides flexible terms, making it a reliable option for those in need of substantial loans.
- Zenka
Zenka stands out by offering interest-free loans for first-time borrowers, making it a favorite among new users. It provides loans of up to KSh 200,000, with an 11% monthly interest rate on subsequent borrowings. While Zenka does not check CRB records before issuing loans, it has the authority to report defaulters. The repayment period for a first-time loan is 91 days, with extensions possible for customers who maintain a good repayment history. The app’s fast processing and flexibility have contributed to its growing popularity.
Read: Loan Apps in Kenya with No CRB Check
- Eazzy Loan by Equity Bank
Eazzy Loan, offered by Equity Bank, provides instant loans of up to KSh 3 million through the EazzyBanking App, making it one of the highest loan limits available. Borrowers do not need to fill out forms or seek guarantors, but they must be Equity Bank customers. The interest rate ranges between 2% and 10% per month, depending on the borrower’s banking profile. CRB checks are conducted before disbursement, and repayment terms are flexible, extending up to 12 months.
- M-Shwari
A partnership between Safaricom and NCBA Bank, M-Shwari allows users to save and borrow money directly through their mobile phones. Loan limits vary, with frequent usage of Safaricom services increasing borrowing potential, up to KSh 200,000. The app charges a 7.5% interest rate per month and conducts CRB checks before disbursing loans. The repayment period is set at 30 days, making it ideal for short-term financial needs.
- Okash
Okash is well-known for its fast loan approval process, offering amounts ranging from KSh 2,500 to KSh 50,000. With a fixed 15% monthly interest rate, the app provides quick cash solutions without requiring a CRB check for approval. However, defaults are reported to the CRB. Repayment terms range between 14 and 30 days, catering to borrowers who need emergency funding.
- iPesa
iPesa provides straightforward, instant loans of up to KSh 50,000, which are directly disbursed into M-Pesa accounts. The app applies an interest rate between 9% and 30% per month and conducts CRB checks before loan approval. The borrowing process is simple: users only need to download the app, register with their details, and apply for a loan. Most loans must be repaid within 14 days, making it ideal for short-term financial gaps.
Read: 10 Loan Apps in Kenya with the Lowest Interest Rates in 2025
- FairKash+
FairKash+ is notable for its customer security and transparent lending terms. Offering loans of up to KSh 60,000, it applies an interest rate of approximately 3% per month (36% annually). Unlike some lenders, FairKash+ does not require CRB verification before disbursing loans. Borrowers can repay within 90 to 180 days, allowing for greater flexibility.
- NCBA Loop
NCBA Loop is an app designed for NCBA Bank customers, providing instant access to loans up to KSh 300,000. It serves as an emergency financial cushion for users with established banking relationships. The app performs CRB checks before loan approval, and interest rates vary based on individual customer profiles. Repayment terms are flexible, extending up to one year, making it a suitable option for borrowers seeking structured repayment plans.
- Senti
Senti is a fast and hassle-free loan app that provides quick cash solutions, offering up to KSh 50,000 directly to M-Pesa accounts. The application process is simple and does not involve CRB checks. Interest rates typically hover around 14% per month, and the repayment period is set at 30 days, making it an ideal option for those who need urgent funds without lengthy approval procedures.