In today’s fast-paced world, instant access to credit can make a major difference, especially during emergencies. In Kenya, mobile loan apps have revolutionized how people borrow money. With just a few taps on your smartphone, you can access quick loans without the need for paperwork or collateral.
But with dozens of apps flooding the market, how do you choose the right one?
We’ve ranked the 10 best mobile loan apps in Kenya for 2025, comparing them based on interest rates, ease of access, and CRB implications. Whether you’re borrowing for school fees, business, or personal use, this guide will help you make a smart decision.
Tala
Tala remains one of Kenya’s most reliable mobile loan apps in 2025. With a clean interface and fast disbursement, it’s a favorite among first-time and returning borrowers. Its loan limits increase with consistent repayment.
Interest Rate: 11% – 15%
Loan Limit: KSh 500 – KSh 50,000
CRB Reporting: Yes
Ease of Access: High (App-based, user-friendly)
Branch
Branch offers flexible repayment periods and competitive rates for loyal users. It doesn’t charge late fees, and funds are often deposited within minutes of approval. Plus, it has one of the largest loan limits on the market.
Interest Rate: 1.7% – 17% monthly
Loan Limit: KSh 250 – KSh 300,000
CRB Reporting: Yes
Ease of Access: Very High (App available on Android/iOS)
M-Shwari
M-Shwari is a joint product between Safaricom and NCBA Bank. Since it’s integrated into the M-Pesa menu, users don’t need to download a separate app. The flat interest rate and reliability make it a go-to for many.
Interest Rate: 7.5% (one-time fee for 30 days)
Loan Limit: KSh 100 – KSh 50,000
CRB Reporting: Yes
Ease of Access: Extremely High (Integrated with Safaricom’s M-Pesa)
Fuliza by Safaricom
Unlike other loan apps, Fuliza is more of an overdraft service. It allows you to complete M-Pesa transactions even with insufficient funds. Although the daily charges can add up, it’s perfect for ultra-short-term borrowing.
Interest Rate: 1% daily access fee + 20% excise duty
Loan Limit: Depends on M-Pesa usage
CRB Reporting: No (Not reported as a loan, but unpaid balances may affect future limits)
Ease of Access: Extremely High (Auto-activated via M-Pesa)
Okash
Okash offers high-speed loans with short approval times. However, its interest rates are on the higher side. It suits borrowers who can repay quickly and don’t mind the higher cost for immediate access to cash.
Interest Rate: 18% – 36% monthly
Loan Limit: KSh 2,500 – KSh 50,000
CRB Reporting: Yes
Ease of Access: Moderate (Strict verification process)
Zenka
Zenka stands out by offering your first loan at 0% interest. The app is user-friendly and also supports USSD (*841#), making it accessible even on non-smartphones. It’s a great entry point for new borrowers.
Interest Rate: 0% for first loan; 9% – 30% thereafter
Loan Limit: KSh 500 – KSh 50,000
CRB Reporting: Yes
Ease of Access: High (App and USSD available)
Timiza by Absa
Timiza is backed by Absa Bank Kenya, giving it a strong reputation. It also offers other banking services like bill payments and savings. The app has robust security features and flexible repayment options.
Interest Rate: 1.17% monthly + 5% one-time fee
Loan Limit: KSh 500 – KSh 150,000
CRB Reporting: Yes
Ease of Access: Very High (App and USSD available)
iPesa
iPesa is known for its quick loan processing and increasing limits. While the interest rate is relatively high, it’s often used by repeat borrowers who value speed over cost.
Interest Rate: 12% – 36%
Loan Limit: KSh 500 – KSh 50,000
CRB Reporting: Yes
Ease of Access: Moderate
Haraka
As the name suggests, Haraka (Swahili for “fast”) delivers loans rapidly. Best for low-value, short-term loans, but borrowers should be cautious of the high-interest rates.
Interest Rate: 23% – 33%
Loan Limit: KSh 500 – KSh 5,000
CRB Reporting: Yes
Ease of Access: Moderate
KCB M-Pesa
A partnership between KCB Bank and Safaricom, this product offers high limits and low interest for customers with strong M-Pesa usage. It’s a reliable and safe option for both salaried and business users.
Interest Rate: 7.35% (one-time fee)
Loan Limit: KSh 1,000 – KSh 1,000,000
CRB Reporting: Yes
Ease of Access: Very High (Via M-Pesa menu)
CRB Implications of Mobile Loan Apps
Most mobile loan apps report to the CRB (Credit Reference Bureau). Failure to repay can result in listing, which may affect your ability to borrow from other lenders, including banks. Apps like Fuliza do not report directly, but defaulting can still impact your financial profile.
Tips to avoid CRB listing:
- Always borrow what you can repay.
- Pay on time or before the due date.
- Communicate with the lender if you anticipate delays.
Mobile loan apps in Kenya have made financial access easier than ever. However, interest rates and repayment terms vary greatly. Here’s a quick comparison table:
| App | Min Interest | Max Interest | CRB? | Max Limit |
| Tala | 11% | 15% | Yes | KSh 50,000 |
| Branch | 1.7% | 17% | Yes | KSh 300,000 |
| M-Shwari | 7.5% | 7.5% | Yes | KSh 50,000 |
| Fuliza | 1% daily | N/A | No | Usage based |
| Okash | 18% | 36% | Yes | KSh 50,000 |
| Zenka | 0% | 30% | Yes | KSh 50,000 |
| Timiza | 1.17% + 5% | N/A | Yes | KSh 150,000 |
| iPesa | 12% | 36% | Yes | KSh 50,000 |
| Haraka | 23% | 33% | Yes | KSh 5,000 |
| KCB M-Pesa | 7.35% | 7.35% | Yes | KSh 1,000,000 |
Before borrowing, always read the fine print and check user reviews. Used wisely, mobile loans can be a lifeline, not a trap.
Need quick cash? Choose wisely from the best mobile loan apps in Kenya, and stay financially healthy in 2025!