Approved loan apps in Kenya

Central Bank of Kenya (CBK) released a list of the first 10 approved digital lenders in Kenya which will continue to provide credit to borrowers under regulations.

The lenders licensed as the first 10 who's applications satisfied the CBK requirements however,are not the popular loan apps - Tala, Branch and Zenka.
Tala loan app

In line with the Digital Providers Regulations,2022 the CBK received a total of 288 before 17th September 2022 out of which 10 were licensed.

As of the same date (17th September,2022) digital lenders who never applied to be regulated by the CBK are now requested to cease and desist from digital lending business.

The remaining 278 applicants are required to submit any other required documents to allow CBK to come up with the final decision either to approve or disapprove those applications. 


10 digital lenders licensed by the Central Bank 

In addition to loan apps the list also includes Credit-Only microfinance institutions and these ten (10) are ; 

1. Ceres Tech Limited

Postal Address: P.O. Box 50047 – 00100, GPO, Nairobi
Telephone: +254702038679
Email: muthongeken@gmail.com
Physical Address: Uncle Two Apartment, Fedha Estate, Church Road

2. Getcash Capital Limited

Postal Address: P.O. Box 15682-00503, Mbagathi, Nairobi
Telephone: +254721264009
Email: fwtuse@gmail.com
Physical Address: Devcon House, Lunga Lunga 

3. Giando Africa Limited (Trading as Flash Credit Africa)

Postal Address: P.O. Box 0706934558 - 00100 Sarit Centre
Telephone: +254713948254
Email: hello@flashcreditafrica.com
Physical Address: Krishna Center, Woodvale Groove 

4. Jijenge Credit Limited

Postal Address: P.O. Box 9578 – 00200, Nairobi
Telephone: +254722843770
Email: petermacharia@jijengecredit.com
Physical Address: Town House, Kaunda Street 

5. Kweli Smart Solutions Limited

Postal Address: P.O. Box 53431-00200, Nairobi
Telephone: +254722519148
Email: sema@ksmart.tech
Physical Address: 6th Floor, Senteu Plaza (ihub), Galana Road 

6. MyWagepay Limited

Postal Address: P.O. Box 43844-00200, Nairobi
Telephone: +254727062060
Email: bwangai2015@gmail.com
Physical Address: View Estate, 5th Floor, Room 503C, Mirema Road 

7. Rewot Ciro Limited

Postal Address: P.O. Box 15073 - 00400 Tom Mboya Street, Nairobi
Telephone: +254715464554
Email: rewotafrica@gmail.com
Physical Address: Keekorok Builiding, Keekorok Road 

8. Mwanzo Credit Limited

Postal Address: P.O. Box 33 – 00100, Nairobi
Telephone: +254729670100
Email: infomwanzocreditltd@gmail.com
Physical Address: Newton House, Deliverance Road 

9. Sevi Innovation Limited

Postal Address: P.O. Box 41987 – 00100, Nairobi
Telephone: +254709473003/+254729062298
Email: pmwaura@mwc.legal
Physical Address: Luthers Plaza, Nyerere Road 

10. Sokohela Limited

Postal Address: P.O. Box 34-00502, Nairobi
Telephone: +254728915511
Email: nonyango7@gmail.com
Physical Address: Capri Plaza, Naivasha Road, Kawangware 


In this list we also miss some of the popular Credit-Only microfinance institutions like Platinum Credit, Mwananchi Credit, Premier Credit, Progressive Credit which may be approved on a later date by the regulator hopefully.
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