10 Best Instant Loan Apps In Kenya

Loan apps have been around for years now providing quick mobile money loans to most of the unbanked community in the country. The question is which is the best instant loan app to get fast mobile loans in Kenya?

The number of mobile loan apps have been increasing day by day bringing competition to a desired level where customers started enjoying the best and friendly services. No app wanted to be pushed  out of the market due to competition. 

Among the loan apps ,there are the best online quick loan app, the worst loan apps  and loan apps without CRB check. 

In this article, am going to point out the best fast loan apps in Kenya. I have been trying the app for years now and I can confidently point out the best.

Top 10 Best Loan Apps In Kenya 

There are several factors I considered before coming up with this list. Some of these are ; device compatibility, CRB check, loan limits, how easy is the registration process, how much details are needed among other factors. 

With these factors in consideration, these are the best loan lending apps in Kenya;

1. Branch International Loan App 

Branch loan app gives loans up to KES 100,000 instantly to borrowers. The interest rate is from 2% to 18% per month. The repayment duration is up to 1 year.

2. Tala loan app 

The maximum loan you can get from Tala instantly is KES 30,000. This lender charges an interest rate as low as 4% per month. Loan disbursement is faster in less than 5 minutes. Loan repayment is after 30 days. 

3. Timiza Loan App 

A product of Absa Bank Kenya, Timiza loan limit is up to KES 150,000. Loan repayment is after 30 days. This lender's loans have an interest of 1.083% per month and a facilitation fee of 5%. 

4. Haraka Loan App 

Loans range from KES 500 to KES 5,000. The repayment duration is within a maximum of 30 days.

5. Shika Loan App 

Shika loans range from KES 500 to a maximum of KES 20,000. The repayment duration is up to 30 days.

6. Okash Loan App 

Okash gives loans up to KES 50,000. The repayment duration is up to 30 days. 

7. Zenka Loan App 

Zenka gives loans up to a maximum of KES 30,000. The loans repayment is up to 61 days.

8. Credit Hela Loan App 

This lender provide loans ranging from KES 1,500 to a maximum of KES 80,000. The APR is 36% and repayment duration can go up to 1 year.

9. KashWay Loan App 

Owned by Wakanda Credit Limited, KashWay gives loans ranging from KES 500 to a maximum of KES 50,000. The repayment duration is up to 6 months 

10. Saida Loan App 

One of the oldest loan apps together with Tala and Branch. Saida maximum loan amount is KES 20,000

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