Thank you for stopping by, today I will be highlighting 10 Best Mobile Loan Apps with Quick Cash for Kenyans in 2020. If you haven’t checked my previous article, remember to click the link at the bottom of this article to catch up and know how you can make your relationship better or attain financial freedom with your partner.

Back to the topic, according to research, most people survive on mobile loans in Kenya and to set the record right I was one of them back in Campus thus giving me an upper hand to highlight the best Mobile loan Apps.

I have analyzed these Apps basing on their interest rates, speed, debt score, privacy and amounts they offer. Currently, getting mobile loans has become easier than traditional loans from banks.

Why prefer Mobile Loan Apps?

  • They are easy to acquire
  • They are fast to acquire
  • They have a low transactional fee
  • You can acquire mobile loans from anywhere
  • They are convenient

Top 10 Best Mobile Loan Apps in Kenya

1. Mshwari

2. KCB Mpesa

3. Tala

4. Branch

5. Siada

6. Okoa Stima

7. Kopa Chapa

8. Zidisha

9. Stawi Loan App

10. Timiza from Barclays

Why use the above Mobile Loan Apps and how they work…


Mshwari is a mobile banking service offered through M-Pesa in partnership with Central Bank of Africa that allows Kenyans to save and borrow cash as low as 100 shillings when in need and takes 5 mins to be processed.

It has a repayment duration of 30 days and with a 7.5% interest rate.


  • Be a Safaricom subscriber with activated Mpesa
  • Must have used Mpesa for last 6 months
  • Must have Mshwari Account

2. KCB M-Pesa

It is a partnership between Kenya Commercial Bank and Mpesa through Safaricom that allows users to get a loan from as low as 50 shillings to a maximum of 1 million shillings with an interest rate of 1.16% per month.


  • Be an active Safaricom user
  • Dial *844# for registration

3. Tala

Best Mobile Loan Apps

Tala is a mobile loan app that allows an individual to borrow cash and repay later at an interest rate of 15%

How to get Tala Loan

  • Download the Tala App from Google Playstore and install in your smartphone
  • Do the online registration by filling your details via the App
  • Apply for the loan


4. Branch

Branch was launched in 2015 and has been active since then. You can borrow from as little as 250 shillings to the unknown maximum.


  • Registered Safaricom user
  • National ID

How to get the loan?

Download the Branch App from the play store and fill your details then apply.

5. Saida

Siada loan works the same way as Tala and branch and allows someone to borrow as little as 600 shillings to a maximum of 25,000ksh with an interest rate of 10% taking up to 3-7 days for loan approval.


  • Be a Safaricom/Airtel user

How to Get the loan

Download the App from Playstore, fill your details then apply for the loan

6. Okoa Stima

Okoa Stima is a partnership between Kenya Power and Safaricom that was founded in 2015 and allows a minimum loan of 100 to a maximum of 2000 with an interest rate of 10%.

Has repayment duration period of 7 days

7. Kopa Chapa

Kopa Chapa is an initiative by Faulu Kenya to Airtel Subscribers registered for Airtel Money.

You can borrow as little as 500 to a maximum of 500,000 with a repayment period of 10 days.

8.Zidisha Loans

Zidisha was founded in 2008 and to get loans from the non-profitable organization you must:

  • Be employed or have a business
  • Have the certificate of good conduct
  • Have a good credit score
  • Have a facebook account

9. Stawi Loan APP

It’s among the latest Apps to be introduced in the country in association with Commercial Bank and targets the small and medium micro-enterprises in the Jua Cali Sector.

10. Timiza

It is a lending service provided to citizens by Barclays Bank. It also enables one to save and a chance to increase your loan limit and credit score.

Anyone can access the loan whether you have a smartphone or not, if you don’t have a smartphone dial *848#

Best Mobile Loan Apps


ADVICE: Don’t take loans to spend on unnecessary bills, make every penny count.

Hey, now you have 10 Best Mobile Loan Apps with Quick Cash for Kenyans in 2020, Share to help others and let’s chat on FACEBOOK



Please enter your comment!
Please enter your name here