Tuesday, July 17, 2018

3 Best Loan Apps In 2018

    July 17, 2018   No comments

3 Top Loan Apps
Loan Apps In Kenya

The list of loan apps is growing steadily in Kenya. About 3 years ago, we only had Tala (which was Mkopo Rahisi by then), Branch International and Saida.Today, we are welcoming a new kid on the bloc like every month!

As I have already said, the list is long and ever growing ,but I'll mention afew  I personally bumped into them.Kindly note that the list is not in any order,just listing the names.

Always look for an updated list of Loan Apps on homepage

Loan Apps List


  • Shika loan app
  • Branch loan app
  • Pesa Zone loan app
  • Jazika loan app 
  • Tala loan app 
  • Stawika Loan App
  • Utunzi Loan App
  • Saida Loan App
  • Timiza Loan App 
  • Afrikash loan app
  • Ubapesa 
  • Okash Loan App 
  • Okolea loan app 
  • Haraka loan app 

I always try the apps before posting for Kenyans on this blog.And because i did ,all these loan apps gave me different experiences as I was interacting with them.

Look at some of what I encountered ;
  • Some apps were easy,simple to use and even attractive in colour while others were not at all.
  • I had to pay fees or charges before applying for loans with some apps
  • I had to upload Mpesa statements for some apps to get and read my data while other apps did everything from the background after giving permissions.
  • With some apps,you can call ,sms, DM on social media or email to get assistance from customer care desks.Some ,you just drop a message within the app.
  • Not all apps disbursed loans instantly.It can take hours or days. Some never worked on weekends. I had to wait till Mondays. 
  • Some apps give rewards for referring friends and family while others don't .The rewards' value and the redeeming terms also varied though.
  • With some apps, I had to wait a bit long (like a day)  for the app to update after making a repayment. Other apps updated instantly.
  • My loan limit increased fast and with large margins with some apps.With others ,the margins were small and increased after a very long while.
  • Some apps gave extremely small loans for a start while others started with thousands. 
  • Some apps charge high interest rates while others charge low affordable rates. 
  • I also found that some apps offered more services in addition to Loans for example buying airtime, insurance and paying bills.

I just can't exhaust all here but am sure I've given a substantial overview right there. Now as per my experiences I would wish to name the best three loan apps which I found most convenient in 2018.

3 Top Loan Apps in 2018

After considering all the experiences I went through while using loan apps, I would name the following apps as the best as of 2018.


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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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