Zenka Loan App Kenya, a product of Zenka Finance, is one of the fastest-growing mobile loan apps in Kenya with over 1 million downloads by the time of writing this article. Getting a mobile loan from Zenka is very easy, unlike some mobile loan apps which take you through so many steps only to be told you do not qualify for a loan.
With Zenka mobile loan app, all you have to do is to download the Zenka loan app from the Google Play Store, for Android users, or App Store for iPhone users, and follow simple steps to register and you are good to go.
You can even access the Zenka Loan services by dialing the USSD code *841#, particularly if you do not have a smartphone or internet connection.
Zenka loan app users can borrow from Ksh. 500 to Ksh. 20,000 with the possibility of increasing the loan limit up to the maximum of Ksh. 30,000.
USSD code users can borrow from Ksh. 500 to Khs. 10,000.
Your loan limit depends on your credit history and the ability to repay the loan borrowed in time or early.
Zenka Loan App Permissions
In order to successfully get a loan from Zenka, you must grant the app access to your location, contact list, and SMS messages. These, the finance company says will help them know your financial history and enable them to set your loan limit.
Zenka loan currently supports only Safaricom users.
How to Get a Loan Through the Zenka Loan App
Download and install the Zenka Loan App Kenya from the Play Store
Open the app and grant it access to contacts, location, and SMS
To register, fill in some basic information like your first name, second name, ID number, education level, source of income, net income, email, etc.
Choose a security question and key in your answer
Enter a 4 digit pin that will act as your password
Read the terms and conditions and agree to proceed
Enter the verification code you have received on your phone and press done