There are three mobile loans offered on the Airtel network in Kenya that a user of Airtel Money can apply for a loan using a USSD code. You can access M-Fanisi, Kopa Cash, and Xpress mobile loans by dialing *222# on your Airtel Money registered line.
Each Airtel mobile loan has minimum conditions you have to meet before registering and requesting for loans. Kopa Cash and M-Fanisi have mobile loan apps to aid in facilitating for registration and loan applications.
See also: USSD Codes for Mobile Loans in Kenya
Airtel Money Mobile Loan Products
1. M-Fanisi Loan
M-Fanisi is offered by Maisha Microfinance bank to both Airtel Money and M-Pesa subscribers.
M-Fanisi loans are repayable within 7 , 14 and 30 days periods at one-off facility fees as follows:
- 4% for 7-day loan
- 6% for 14-day loan
- 10% for 30-day loan
How to Register and Get M-Fanisi Loan on Airtel
- Dial*222# on your Airtel Money line
- Select Loans and Savings
- Select M-Fanisi
- Accept terms and conditions
- Enter your ID Number
- Complete the registration with your Airtel Money PIN
You will receive a notification message from M-Fanisi about your registration status.
You can now check your loan limit and request for a loan by dialing *222#, selecting Loans and Savings, M-Fanisi, and follow through with the prompts.
The loan will be deposited directly into your Airtel Money account minus the one-off charges.
2. Kopa Cash Loan
Kopa Cash is a mobile loan product from Jumo in collaboration with Airtel Money.
How to Get Kopa Cash Loan
Kopa Cash will decide whether to offer you a loan or not depending on how frequently you use Airtel Money services.
- Dial *222# from Airtel line
- Select Loans and Savings
- Select Kopa Cash
- Enter your Airtel Money PIN
- Select Get a loan
Kopa Cash will alert you on whether you qualify for the loan or not. If you qualify for the loan, complete by following through with the process to request for the loan.
3. Xpress Loan
Xpress is a product of Ecobank in collaboration with Airtel Money.
How to Register and Request a Loan
- Dial *222# from Airtel line
- Select Loans and Savings
- Select Xpress
- Enter your Airtel Money PIN and follow through with the process to request for Xpress loan if you qualify at this time.