Categories: Loans in Kenya

Best Mobile Loans Apps in Kenya: Instant with No Initial Fee Required

Loans Apps in Kenya| Photo Courtesy

In the past 5 years, there has been a significant growth in demand of mobile loans for businesses in Kenya. Mobile lending,in effect, has necessitated immense growth in mobile technologies like Mpesa and creation of loan applications(apps) for smart phones users. Mobile loans Apps in Kenya,as a consequence,has saved Kenyans from making long queues or having to wait for days until your loan matures.

Today accessing a loan is by the tap of a button and there you have your problem sorted. The only thing you need to do is to download and install the application and meet a few eligibility requirements and as easy as that you get your money in cash.

There are several mobile loans Apps in Kenya that require both a registration fee and those that do not require any initial charges to get a loan.

They include Mshwari, KCB Mpesa, Tala, Branch International, Saida, Barclays Bank Timiza, Zidisha, Shika Loan App, Pesa Pata, Utunzi Loan App, Pesa Na Pesa, Kiva, Kopa Chapaa, and Okoa Stima the list is endless.

But in this article,we’ll dive into the details of a few loans Apps in Kenya that do not require initial charges for registration like Branch International, KCB Mpesa,Tala,and Timiza.

Branch International

Branch is Credit Company based in Nairobi and San Francisco that lends money for profit. It offers loans of up to 50,000 through an application compatible with any android mobile phone and can be downloaded and installed from Google Play. It boosts of over 350 thousand customers in Kenya and disbursing up to 1.5 million loans from the time it was launched in 2015. To qualify for a Loan you must be above 18 years and have a Safaricom Mpesa registered number.

Loans Apps in kenya
Best loans Apps


Branch Registration procedure

  1. Branch requires you to download and install their App into your android phone from the Google Play Store.
  2. Upon successful installation, you are required to open the App and using either Kiswahili or English language, you will be asked to provide your Facebook account details. They use data from your Facebook account to determine your eligibility.
  3. You will be required to create a four-digit pin to protect your information from authorized access.
  4. After creating a pin code, you will be required to give your personal details such as your Full names, ID number, Phone number to which they will deposit the money via Mpesa, and date of birth.
  5. With that, you are through with registration and are now ready to access a loan depending on your eligibility. First-time members are usually given a loan of between Ksh. 250-500 that you are required to pay on a weekly basis with an interest of 15%. However, the interest rate is set to reduce when taking higher amounts.
  6. A schedule of how you supposed to repay the loan and the dates are clearly outlined plus SMS reminders few days to the due date.

Branch Pros/advantages

  1. Branch has outlined all the basic and important information one need pertaining the terms of the loan. Such details as late fees and their consequent fines, terms of the loan, APA, and interest rates, almost everything you need to know are readily available in the Frequently Asked Question (FAQ).
  2. Early loan repayments increases your chances of accessing a higher loan amount.
  3. The App is very fast, few minutes after a loan application the amount is delivered into your Mpesa account, it is almost instant.
  4. The App is easy to use and navigate, as everything is made ready on screen.
  5. It does not require a lot of information during registration compared to Tala. Branch registration is minimized into 3 simple steps.
  6. It has a protection mechanism that requires you to feed in your pin code every time you log in and after a few minutes of sleep, it locks after few minutes of inactivity.
  7. It does not require any initial charges or savings to acquire a loan.
  8. It is quick, transparent and very convenient.

Branch loan Cons/disadvantages

  1. It can unreliable at times. When you pay your previous loan on time and expect a higher loan, you may be highly disappointed to be given the same amount of loan as the previous but with a higher interest than the previous.
  2. Having to input your pin every time your screen goes to sleep can be annoying.
  3. If you over pay your loan by mistake, there are no refunds, the overpaid amount is retained to be used in your next loan repayment.
  4. At times, it takes longer to than usual for your loan repayment receipt to be acknowledged.
  5. They charge very high interest rates of up to 15% and the penalty fee for defaulting is unreasonably high. Depending on the number of days, you have defaulted, you may be charged up to 552 on top of the high interest rate for a loan of Ksh. 1000.


Barclays Bank Timiza

(Mobile Loans Apps on Kenya)

Most recently, Barclays Bank launched a new mobile loan App that allows both members and non-members of the bank to access the loan services via their phone both android devices and non-android devices. The services are meant to target young and upcoming entrepreneurs who are looking for capital to start a business venture. They offer very low interest rate of as low as 6.7%. Furthermore, the App use your Mpesa transaction details to determine your loan eligibility.

Quick loans Apps

Timiza loan Registration procedure

  1. To register for a loan application, you can just need to dial *848# and you will be given a login pin, or alternatively you can download and install the Timiza App from Google Play.
  2. To get a login pin the App requires you to give only your ID number, Full names and date of birth.
  3. With the above details you will receive a login pin that will allow you to open the App and access a loan depending on your credit worthiness to a maximum of 150 thousand.
  4. For those using a non-android device, after getting the login pin you redial *848# again and follow the step by step instruction to access a loan.


  1. It is perhaps the most easy to access mobile loan App as it requires very little information to register.
  2. It offers very low interest rates compared to Tala and Branch.
  3. It does not have any penalty charges for defaulting a loan.



  1. While for others people it may take a few hours to get a pin, for some it may take more than seven days to be sent a pin for you to access the App. Thus, it is unreliable for emergency loans.
  2. It is not always a guarantee that after repaying your previous loan in time you will get another loan. It should not be a surprise you to see a message that you don’t qualify for another loan. They can screw you up in time of need.
  3. It takes so long for your loan payment to reflect into their system, it may take hours or sometimes days.
  4. Their customer care team are very poor when responding to customer complaints and queries. They are very hard to reach and sometimes take days to reply to one’s message.
  5. There are no clear guidelines on how to reset your PIN in case you forget. It may be very frustrating at times.


Tala App loan

Tala was first known as Mkopo Rahisi before upgrading and rebranding to Tala. The new App has some new amazing features, you are now able to see your credit limit, and other customers stories on their experience using the App. Tala offers loans of up to Ksh. 50 thousand with first timers starting with a loan of as little as Ksh. 2000 and you can access the loan amount via Mpesa. They collect information from an applicant such as Mpesa history and call patterns to determine your credit worthiness.


Registration procedure

  1. Download and install the App from Google play.
  2. After installing, you will be required to connect the App with your Facebook account.
  3. You will be asked to enter your Mpesa number and wait for a confirmation code to verify your number.
  4. Then you will be given options to either sign in if you are already a member or create a new account if you are a new member.
  5. Creating a new account will require you to answer multiple questions regarding your personal details, reasons why you need the loan, details of your monthly salary, and job details among others.
  6. Loan eligibility will depend on how you answer the multiple question.
  7. After answering, the questions you will be asked to set a password code to protect your information from unauthorized users.
  8. With this, you will be ready to access your loan depending on the amount you qualify.
  9. After accessing the loan you will be send the details of how to repay the amount using Mpesa.


  1. Tala loans do not require any security compared to Kiva mobile loans though to be eligible for a loan increment it will depend on how prompt you repay your loan.
  2. In case of a loan default, Tala will send you regular notification that your loan is overdue and in addition, they give you a six months window to try to repay the loan.
  3. Given that you maintain a good relationship with Tala by repaying all your loans on time in six months, you qualify for a good report from Tala and a loan increment every time you repay within the deadline.
  4. Once you qualify for a loan, the amount is deposited in your Mpesa account within minutes, almost immediately. Thus, they are reliable in case of an emergency.


  1. Their rates are very high compared to branch and Timiza and are varying from person to person depending on the amount of loan given.
  2. Tala demands for a lot of information for registration that may be sometimes frustrating.

KCB Mpesa Account

KCB Mpesa is a virtual mobile-based account that is made available entirely to all Mpesa registered customers giving them loans from as low as Ksh. 50 to a maximum of 1 million depending on the credit eligibility of the customer. They also offer saving services, a saving account that allows you to make savings. This account is run and managed exclusively by both Safaricom and KCB bank. KCB M-pesa offers loans with interest rates of as low as 3.4%. To determine your eligibility for a loan, KCB M-pesa looks at your M-pesa transaction by accessing your M-pesa history.

Registration procedure

  1. To be eligible for KCB Mpesa loans one has to be 18 years and above, be a registered Mpesa user and a registered Safaricom customer.
  2. To access the loan, you can download and install a KCB App from the Google Play store or you can simply use the KCB menu found in the Mpesa Menu in your phone under the loans and savings.
  3. The menu gives you an option to send money from your Mpesa account to KCB, withdraw cash from KCB to Mpesa, loans, fixed loans, and savings and finally my account where you can check your loan balance or request a loan mini statement from KCB.
  4. To make an application for a loan you may check under the loan tab in the drop down list. Here you are given three options to either request a loan, pay loan or check loan limit.
  5. To access a loan you will need to click on request loan tab, from which you be required to enter the amount of loan you need depending on your loan limit, the period within which you will pay the loan, usually one month for small loans, 2 to 3 months depending on how big your loan is. Lastly, you will be required to enter your M-pesa PIN and wait for a SMS notification on your loan status.
  6. It usually takes 5-10 minutes for the reply message to appear, though sometimes it may take an hour or more depending on their systems.
  7. If your loan is successful, the loan amount is sent to your KCB M-pesa account from where you can transfer it to your M-pesa account at no cost at all.


  1. There loan interest rate are at the lowest and very friendly.
  2. It is very easy to register and apply for a loan; it takes just three simple steps because KCB M-pesa uses your M-pesa information so no need of personal information or reasons why you need the loan like it is the norm with other mobile loan Apps.
  3. Once you are awarded the loan amount, you can transfer it to your Mpesa account immediately and withdraw it.
  4. To use the KCB M-pesa you don’t have to be internet enabled like is common in all the other loan Apps.
  5. No transaction costs are required when repaying the loan like is the norm with Branch, Tala, and other Apps.
  6. When you pay your loan on time, you get a loan increment on your next loan request.


  1. They sometimes experience occasional system failure, which may delay the processing of your loan, or send you a message that you have a loan arrears mostly of one shilling when you have fully paid the complete amount. Such makes it very unreliable mostly for urgent or emergency loans.
  2. Their interest rates are sometimes fluctuating depending on the amount of loan you are qualified to get.



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