Top 5 Money Lending Apps in Kenya

This guide details the best money lending apps in Kenya. If you are looking for loan apps in Kenya, we can help you find the right mobile loan application for your situation.

Sometimes you need a little extra cash. Where do you turn? Some people will go to banks, microfinance institutions or even Saccos.

However, these traditional options may not work for you. Therefore, you may want to consider a mobile loan app which is fast, cheap and flexible.

If you are looking for a loan, make sure you only borrow what you need and make sure you can pay back any money you borrow.

Also make a plan to pay off the loan as soon as possible, if you can since this will save you money and also increase your loan limits.

We’ve rounded up the most trusted and reputable money lending apps in Kenya, so you can be assured of getting the best rate and deal possible.

Best Money Lending Apps in Kenya

  1. Tala
  2. Branch
  3. Timiza
  4. HF Whizz
  5. Zenka

Let’s get into the details

Which are the best loan Apps in Kenya?

Below is a list of the best loan apps in Kenya.

1. Tala Loan app

Dubbed as one of the best loan apps in Kenya that provides mobile loans to people from Kenya, Mexico, Tanzania, Philippines and India.

Tala belongs to a California-based finance company in Kenya. They offer loans to Kenyans through Mpesa to mobile phones. The company was formerly known as Inventure (mkopo rahisi), and as things stand, According to many sources, Tala loan app is Kenya’s number one money lending app.

Tala offers loans from as low as 500 and a maximum of 30,000. Their loan terms are available in two options, which are a 21-day and a 30-day loan.

  • 21-day loan payment terms have a one-time fee of 5-11%*
  • 30-day loan payment terms have a one-time fee of 7-15%*

2. Branch loan app

Branch loan is a product of Branch International, which is a microfinance lending institution that operates in Kenya and other countries including Tanzania, Nigeria, Mexico, and India.

They offer loans from Ksh 250 to Ksh 70,000. Loan terms range from 4 – 48 weeks. Interest ranges from 13% – 29% with an equivalent monthly interest of 2% – 16% and APR of 22% – 199%, depending on your loan option.

There are no late or rollover fees and no collateral necessary. Several factors determine the interest rates, including your repayment history and the cost of lending for Branch loan app. Standard SMS and data charges by your mobile carrier may apply.

3. Zenka loan app

This app is one of the new money lending apps in Kenya that is doing great and offering the best solutions.

Zenka Finance is a fintech company set up to provide innovative loan products. The app is currently in three countries in Africa; Kenya, Uganda and Tanzania, with roots in Europe as well.

The best thing about Zenka is that your first loan is free. There is no commission and zero interest. They offer loans from as low as 500 and a maximum of KES 20,000.

If you don’t own a smartphone, which is a must for other loan apps in Kenya, you can still access credit from Zenka loan app. You dial *841#, and you will get a loan.

4. Timiza

Timiza is one of the best loan apps in Kenya offered by Barclays Bank of Kenya. Even though Barclays own it, you don’t need to be the banks’ customer to create an independent account.

You can only access Timiza loan via phone. This process is by either dialling *848# or downloading the Timiza app on the Google Play Store.

Timiza loans are up to 150,000.

If you qualify for a loan, you will pay a 5% processing fee and monthly interest of 1.7%. In total, you will pay 106.7% of the cash borrowed. The window for repayment is 30 days.

5. HF Whizz App

The mobile loan industry seems to be doing great, and financial institutions are developing loan apps in Kenya to get more clients.

In 2018, HF Group launched the HF Whizz App, which is a convenient mobile application that does more than just offering loans.

HF Whizz imposes an interest rate of 7.725% on approved loans. The maximum you can get from this money lending app is KES 50,000. The loan amount will depend on your transactions on the account and M-Pesa. The app is available on Google play store for Android users and on the Apple App Store.

You can also dial *618# if you do not own a smartphone and still be able to access the services.


We will update the list with credible loan apps in Kenya. Keep here to find out more, now let’s show you how to qualify for a loan from these loan apps in Kenya.

Where can I get a mobile loan in Kenya?

You can follow the links in the descriptions above to know more about each money lending app. We’ve tested the apps on the list, and all are working fine.

I have used each one of those apps, and I guarantee you will get a loan unless your credit score is low or are in a CRB database.


Please enter your comment!
Please enter your name here

Stay in Touch

To receive the best loan apps in Kenya reviews, article updates, latest news and testimonials.