Absa Financial Kenya Plc (formerly Barclays Lender Kenya Minimal) is among the banks which have mobile financing apps when you look at the Kenya

Timiza app allows pages to gain access to multiple banking features thru the devices. The services were immediate funds, currency transfers, and buy insurance rates. Those who dont availability this new Timiza app can be control *848# to join up thereby applying to own cellular loans from Absa Financial.

6. Part

Part is one of financing apps for the Kenya versus CRB checks. Registration is free contained in this and you may beyond your nation. One could availability up to Ksh.70,one hundred thousand on the Department application thru mobile devices. Funds is approved within 24 hours off application, and there are not any invisible fees. Furthermore, Department cannot charge late fees or rollover charge.

7. Shika

Shika is one of the borrowing apps offering more than just loans. It offers features having txt messaging and provides the fresh new reports for the politics, sporting events, activities, etcetera. Shika app servers several loan providers which bring credit to members. Finance on this app is customized to fit startups within the agriculture, advantage financing, and you will charge discounting.

8. iPesa

iPesa mortgage app has the benefit of credits out of Ksh. five hundred in order to Ksh. 50,100 within 91 months to 180 months. Its yearly interest is actually 12%, and app doesn’t always have provider costs. Down load new iPesa application to the phone, do the installation, join their Meters-Pesa number, and request that loan. Paying the credit punctually gradually expands your loan restriction to help you to Ksh. 50,000.

nine. Zenka

Of many consumers inside the Kenya like Zenka software. Your first financing are appeal-totally free possesses no service commission. You simply pay-off the total amount you owe in the specified day, which is always 61 days. You might obtain the latest application towards the mobile throughout the Zenka webpages. After filling out the application form and registering effortlessly, you’ll receive the loan in less than five minutes.

ten. Zidisha

Zidisha is one of the greatest this new financing apps from inside the Kenya. It is a low-finances credit system, and your credit arises from independent lenders, perhaps not the business alone. The software simply connects lenders to consumers. You really must be functioning otherwise operating, enjoys an active Fb account, a nationwide ID, an authorized Safaricom sim card, and you may a great credit history so you’re able to qualify for Zidisha borrowing.

eleven. Okash

Okash will bring individual and you may loans all the way to Ksh. sixty,100000. Install the fresh application away from Bing Play Shop, do the installation, and you may sign in to find immediate loans. Okash app find the loan restrict and you can percentage months by viewing the private info your render during registration. Brand new yearly interest for the Okash finance was fourteen%.

several. Eazzy

Like many mortgage apps during the Kenya, Security bank’s Eazzy app offers quick loans in 24 hours or less away from successful software. New finance are disbursed on Equity checking account, Mpesa range, otherwise Equitel sim credit.

Dial *247# to find the financing straight to their sim cards in the place of utilizing the software. You’re qualified to receive around KSh2 million when you look at the borrowing, therefore the system decides the loan maximum. Additionally, it has the benefit of an adaptable payment chronilogical age of doing a dozen weeks.

The newest app deducts finance from your account in instalments within an excellent thirteen % yearly interest. You may shell out your Eazzy application immediate loans using your Equitel sim credit otherwise use Mpesa Paybill count 247263 along with your Collateral membership matter.

13. Utunzi

Utunzi borrowing application serves Meters-Pesa pages. It cellular currency borrowing from the bank platform even offers private and you will company loans from Ksh.300 so you’re able to Ksh.step 1,100000,000. Utunzi application lets a payment ages of 91 days to thirty six weeks during the a good several% service percentage and you may a yearly appeal off several%. Additionally you pay a supplementary Ksh.eight hundred since the an annual membership management percentage.