Which loan apps are the best in Kenya?


by tavares , in category: Banking and Credit , a year ago

Which loan apps are the best in Kenya?

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1 answer

by aidan.jacobs , 10 months ago


Some of the best loan apps in Kenya include:

  1. Branch: Branch offers fast loans with low interest rates and flexible repayment terms.
  2. Tala: Tala provides instant loans without requiring collateral, and the loan amount increases with each successful repayment.
  3. M-Shwari: A product of Safaricom and Commercial Bank of Africa, M-Shwari offers quick loans and a savings account with attractive interest rates.
  4. KCB M-Pesa: KCB M-Pesa provides affordable loans with flexible repayment options, and it is a partnership between Kenya Commercial Bank and Safaricom.
  5. Zenka: Zenka offers loans of up to KES 30,000 with competitive interest rates and quick disbursement.
  6. Okash: Okash provides quick personal loans with a user-friendly interface and transparent terms.
  7. Haraka: Haraka offers instant loans with reasonable interest rates and flexible repayment periods.

These are just a few of the popular loan apps in Kenya. It is important to read the terms and conditions of each app and compare them before choosing the best one for your needs.