How To Apply For A Mobile Loan


I need a quick, soft or emergency loan direct into my mobile phone? I understand mobile loans, popularly mobiloans, are becoming extensively accessible from all major financial credit providers in kenya but do we all know how to apply for these credit services?

A mobile loan should mean a credit service that can be accessed over a mobile phone handset. All mobile handsets need a SIM card to fully operate. In kenya,mobile telecommunication service providers include Safaricom,Airtel, Yu, Orange and the new kid on the bloc, Equitel.With a SIM card installed in a mobile phone, you can access subscriber menu,dial numbers or codes or surf the internet (for 'internet access' enabled phones only).Using the above 'uses' one can access a loan.

Using subscriber menus

These are loans accessed by simple navigating to the subscriber menu on your mobile phone.

Go to safaricom menu.
Select mpesa.
Select M-shwari( for commercial bank of Africa customers) or M-kesho(for equity bank customers).
Select loan.
Select apply.

Go to equitel menu.
Select my money.
Select loans.
Select get loan.
Select eazzy loan.
Select account number.
Enter amount.

Go to orange menu.
Select orange money.
Select loan services.
Select Emergency loan.
Select Orange money account or my equity account for equity bank customers.

Unfortunately, Airtel and Yu do not offer loan services through the subscribers menu at the moment.

Using USSD codes or Short codes

These are loan services that can be accessed by dialling numbers in the format *NUMBERS#.

KCBMpesa-This service is available to safaricom mpesa customers. Dial *844# to access the loans.
Kopa chapaa-This service is available to Airtel money and Faulu microfinance customers. Dial *305#
Airtime Advances
For safaricom subscribers ;
Okoa bundles, dial *544#.Okoa jahazi, dial *131#.Okoa stima, dial *885#

Orange pewa ( for orange subscribers),dial *133#.
Airtel kopa credo (for Airtel subscribers),dial *221# .
Credo4yu (for Yu subscribers),dial *125#

Read ; Quick USSD Loans

Loans over the internet

These are loan services accessed over an internet enabled device for example a computer/ laptop, Tablet /Ipad and the popular Smartphones.

Borrowers can visit the lenders various websites and apply for loans online or by downloading and installing loan applications in to the devices.

See, mobile loan apps in kenya.

All popular lenders have up and running websites with few running functional apps.

Examples of banking applications include,M-coop cash, KCB- Mbenki,I&M app,Cfc stanbic app among others.Check your banking service providers for online banking services and apply for a loan.



  1. I try to start a bussiness but i dont have capital


Post a Comment

Loans Kenya Blog admin will never approve abusive or inciteful comments. In addition, avoid including sensitive or private personal information in your comments for your own online safety.