Top 15 Loan Apps in Kenya for Quick and Easy Loans in 2026

Mobile loan apps are a lifesaver, especially when you need some quick cash to get by. You can apply for a loan with just your phone and get the money in your M-Pesa in no time.

In this post, we’re reviewing 15 of the best mobile loan apps in Kenya that offer instant M-Pesa loans and flexible repayment terms.

Remember to use trusted apps and be careful with your personal info online. Interest rates and other fees can change at any time without notice, so it’s advisable to check the latest rates before applying.

Also, take note that all the loans now attract an excise duty of 20% on the facilitation fee.

Top 15 Best Mobile Loan Apps in Kenya in 2026

In no particular order, here are the best loan apps in Kenya that come with the convenience of borrowing instantly and repaying in flexible terms:

1. KCB M-Pesa Loan App

KCB M-Pesa offers short-term mobile loans ranging from Ksh 1,000 to Ksh 1 million, based on your credit profile. You can apply via the M-Pesa menu or by dialing *334#.

Loans are repayable in 30 days with a one-time fee of 8.88%, and KCB M-PESA has no extra transaction charges. It’s a convenient option for M-Pesa users who need quick access to funds.

2. Branch Loan App

Branch app offers instant loans and does not charge late fees or rollovers. This mobile app offers instant loans of up to Ksh 300,000, delivered straight to your M-Pesa.

While Branch lets you avoid penalty charges, its interest rates can be higher than other options. The interest rate ranges between 2% to 18%, depending on your risk profile and the amount borrowed. A bigger loan attracts a lower interest.

The loan period is from 62 days to one year and the app has no rollover fees or late payment penalties.

3. Tala – Best for quick approval

Tala offers instant mobile loans of up to Ksh 50,000 with repayment periods between 21 and 61 days. Interest rates start at 9% per month, but can go higher depending on the borrower’s credit risk.

You’ll get fast approval, direct M-Pesa disbursement, and flexible repayment options on the Tala app.

See also: How to Increase Your Zenka Loan Limit

4. Zenka

Zenka is one of the best loan apps in Kenya that offers quick emergency loans straight into your M-Pesa account. Zenka gives loans ranging from Ksh 500 to Ksh 200,000, payable within 61 days.

Zenka’s interest rate is 2.45% to 39% for the loan period. You can extend the repayment period by 7, 14, or 30 days.

The app also allows you to top up on the borrowed principal up to your loan limit.

5. M-Shwari

M-Shwari, by Safaricom and NCBA, lets you borrow from Ksh 1000 up to a million shillings, based on your savings and repayment history.  M-Shwari also offers a savings feature where you can lock funds and earn interest on your savings.

Everything is managed easily through the M-Pesa menu or app.

M-Shwari charges a total interest of 9%, where 7.5% is the loan fees and 1.5% is the Excise Duty. Excise duty is deducted from

6. Timiza Loan App

Timiza app is owned by ABSA Bank Kenya. Timiza stands out with its transparent one-time interest of 9.6% (8% facility fee plus 20% of the facility fee) per month, ensuring you receive the full loan amount minus only the excise duty.

It has no other upfront deductions, so you get exactly what you borrow.

Timiza allows you to borrow up to KSh. 250,000, depending on your loan limit. You can increase your loan limit over time by borrowing regularly and repaying on time.

7. Mco-opCash App

Mco-opCash by Cooperative Bank offers flexible loan options for salaried employees and business owners in Kenya. Salaried employees can borrow instant loans between KSh. 1,000 and KSh. 500,000, repayable from 1 to 3 months.

Interest rates vary from 8% for 1 month, 10% for 2 months and 12% for a 3-month loan.

Business owners can access loans repayable up to 6 months.

8. Eazzy Loan

Equity Bank’s Eazzy Loan offers convenient mobile loans with flexible options. You can borrow from Ksh 100 to Ksh 200,000 for 30 days, at competitive interest rates between 2% and 10%,  lower than some competitors.

The Eazzy Plus option allows you to access larger loans up to Ksh 3,000,000 with longer repayment terms of up to 12 months.

You can apply and manage your loan through your phone or Equity Bank channels.

9. Berry

Berry offers loans from Ksh 1,000 to Ksh 60,000, depending on your financial history. Berry charges interest rates between 9% and 27% which comes with flexible repayment periods of up to 120 days.

You can increase your borrowing limit by consistently repaying your loans on time and maintaining a good credit history.

Berry app has no processing fee, making it a more affordable option compared to some other loan apps.

10. Stawika Loan App – Best for quickest loans

Stawika provides quick emergency loans in as little as 5 minutes. You can borrow loan amounts ranging from Ksh 500 to Ksh 70,000 at interest rates ranging between 7% and 21%, depending on your profile history.

Stawika has no processing fees.

11. Hustler Fund

The Hustler Fund offers affordable loans at 7% interest with a repayment period of 6 months. It’s available to Kenyan citizens with a valid ID and registration on M-PESA, Airtel Money, or T-Kash.

To activate Hustler Fund, dial *254# on Safaricom, Airtel, or Telkom networks. You’ll start with a low loan limit, which grows as you repay on time. The maximum limit depends on your creditworthiness.

12. Okash Loan App

Okash offers loans starting from Ksh 1,500 up to Ksh 50,000 for first-time users. But with a good repayment history, your limit can grow up to Ksh 500,000.

The APR for Okash ranges from 36.5% to 360% and the interest is calculated daily.

Their repayment terms vary based on the amount you want to borrow and the duration selected. Short-term loans tend to have lower rates.

See also: How to Increase Your Fuliza Limit Instantly

13. HFC Whizz App

HFC Whizz provides loans from Ksh 1,000 to Ksh 50,000 at a competitive interest rate of 9.061%, with repayment due within 30 days.

The app is available for both Android and iOS users and is designed to be fast and easy to use.

In addition to loans, you can also open a Target savings account to save and earn interest on your funds.

14. UbaPesa

Ubapesa offers an alternative to other loan apps by connecting borrowers and lenders directly through a peer-to-peer model.

You can borrow between Ksh 500 and Ksh 70,000 at interest rates between 8% to 14%, depending on your CRB score. Repayment terms vary from 1 day up to 30 days.

UbaPesa loans are approved quickly and funds are credited instantly to your M-Pesa.

15. iPesa Loan App

iPesa offers instant loans ranging from Ksh 500 to Ksh 50,000, which is higher than some other apps.

The interest rate ranges between 36% and 72% per year, but it can decrease over time as you borrow and pay on time.

Disclaimer: We are not affiliated to any of the above loan apps. Do your due diligence before borrowing and borrow only what you can afford to repay.

See also: USSD Codes for Mobile Loan Apps in Kenya