What follows is a list of the best online loans in Kenya in 2021 that you can borrow and receive in the same day. They include mobile apps loans and bank loans. We have provide the interest rates, Payment period and Limitations. List of Best Online Loans in Kenya in 2021 Below is a list of the best online loans in Kenya arranged from the most reliable and their comparisons. Loan Name Interest Rate Loan Limit Branch Loan 10% to 27% Ksh. 250 to 70,000 Tala Loan 7% to 15% (30 days repayment period) 5% to 11% (21 days repayment… Read More »
Loans in Kenya
Get to know where you can get in Kenya quick loans, Instant Loans, unsecured loans, School Fees Loans, Mpesa Mobile Loans, Emergency Loans, Construction Loans, Bank Loans, interest charged and Payment
Okash Loan: How to download app, Apply and get instantly
Okash App offers loans to Kenyans via Mpesa. Below is how to Download app, apply and get Okash loans. Once approved, Loans are disbursed instantly into your account. About Okash App Okash is a micro lending facility that is owned by the Opera group. The same company that owns opera mini browser. It offers unsecured mobile loans to Kenyans. Since it was launched in 2018, Okash has had steady growth. What makes Okash standout compared to its competitors like Tala and Branch is that it has the highest maximum load limit. With Okash, you can borrow from Ksh. 1,000 to… Read More »
How to apply and get Tala Loan (Simple Procedure)
Tala App offers unsecured loans to Kenyans at a short repayment period. Learn how to Download Tala Android App, apply for a Loan and get it instantly via mpesa. About Tala App Tala App is an android mobile application that was founded by Shivani Siroya which provides lending services. In Kenya, it offers unsecured mobile loans to literary everyone who has an ID and is an active mpesa registered user. As at writing this article it had over 5 million downloads on play store and a star rating of 4.6 out of 364,883 reviews. Tala loan app works the same… Read More »
Opesa Mobile App Loan application Guide
In this age of mobile loan sharks, Opesa has distinguished itself as a reliable mobile loan app in Kenya. Opesa Application was introduced by Tenspot Kenya Limited. The company is situated along Ring Road, Parklands, at Apollo Center. Established early this year and with over 500,000 downloads on Play Store, Opesa is a reliable micro-financier for loans ranging from Kenya Shillings 500-30,000. How to apply and Requirments To use Opesa, you need an android powered Smartphone, an ID, and an Mpesa registered number. To Apply for Opesa Loan , visit Google Play store and search for Opesa. Download and install… Read More »
Car Financing through Bank Loans in Kenya: How it works
This article explains how car financing through banks loans in Kenya works and what you should look out for when applying for car loan. Decide on the car You first have to decide on the type of car you want to buy. If you have no specific preference on the brand of car you want, we do advice that you go for a Toyota car. Toyota cars have the best resale value in Kenya. They are also known to be durable and have low maintenance cost. Car Financing Amount This is the amount borrowed for the purchase of the car… Read More »
Vooma App by KCB: How it works, Loan Mpesa Withdrawal
Learn about KCB Vooma app, how it works and use. Get to understand the download procedure, loan borrowing, mpesa withdrawal, bank transfer and so much. It is the next big thing in the banking sector. What is Vooma? Vooma is a KCB Bank Group financial mobile app and service that allows customers to access loans, send money to other VOOMA users, other mobile wallets like M-PESA and T-Kash and bank accounts. Vooma app is available on App store and Play Store. As at writing this article, it had 10k installs on android phones. It can work on android version 4.1+.… Read More »
How mobile Loan apps in Kenya like Branch, Tala and saida work
Mobile Loan Apps in Kenya have been on a steady rise due to high mobile penetration in the country fueled by mobile money transfer service Mpesa. What follows are some of the common features on mobile lending apps in Kenya and how they work. Unsecured Almost all Mobile Lending apps in Kenya offer unsecured loans. They do not require any security or collateral. Short Term Mobile Loan apps have a short repayment period. Depending on the amount of loan one has borrowed, the repayment period ranges from 7 to 30 days Low amount of Loan An analysis we have… Read More »
How to be cleared from CRB for loan defaulting and get certificate
If you default on paying your bank or mobile loan, your name will be submitted to CRB for blacklisting. Learn how to get your CRB clearance certificate. What is CRB? CRB is an acronym of Credit Reference Bureau. CRB is therefore a company that is licensed by the Central Bank of Kenya (CBK) to collect (upon request by lenders) credit information from companies and individuals. Credit information include Your national ID, Names, Email, Phone Number, Employment details, Bank account performance history e.t.c. They get this information from banks and mobile lenders. When can you be Blacklisted on CRB? CRB Blacklisting… Read More »
Unsecured Loans in Kenya (Personal)
Unsecured Loans are also known as personal loans. They are issued to individuals based on their creditworthiness and without the need of security. What are Unsecured Loans? Unsecured loans are loans issued to individuals for personal use without the need of collateral or security like cars, Land, e.t.c. They can be issued by Banks or any other lending institution. They can be borrowed for personal use like Emergency, House Shopping, Travel, Wedding, Family expenses e.t.c Types of Unsecured Loans There are two types of unsecured loans. There those issued by Banks for individuals who are employed and those issued by… Read More »
