M-Shwari is a Kenyan mobile money lending service owned by both Mpesa and NCBA bank – the merger between NIC Bank and CBA bank. You can apply for an MShwari loan by either using the Mpesa men or through the mySafaricom app, which can be accessed from the Play Store.
To qualify for an MShwari loan, you must be an active Mpesa user, regularly save on M-Shwari, and be a frequent user of other Safaricom services like voice, data, and Mpesa.
M-Shwari allows you to borrow as low as Ksh. 100, up to Ksh. 50,000 payable in 30 days.
You can also save on Mshwari and earn interest rates on savings from 3% p.a to 5% p.a.