Due to Kenya’s prevailing economic conditions, many people currently work on debt financing to run their daily lives. Various companies have provided an equitable measure that will meet Kenyans financial adversities.

We will expound on the top 10 online loan sites in Kenya.

10. iPesa

iPesa is one of Kenya’s most prominent loan sites, where borrowers can access as low as Kshs. 500 and a maximum of Kshs. 50,000 once credits are paid on time. The site allows borrowers a short tenure of 91 days, up to a maximum of 180 days; hence borrowers have enough time to repay the loan amount. iPesa has a friendly interest rate of 12 percent and has no service fee included. You have to install the app, register your M-Pesa number then make an application.

9. Okash

Okash credit site issues convenient loan amounts of at least Kshs. 2500 up to Kshs. 50,000. The site provides personal, and business loans as Kenyans need to download the app from the Google play store and register. Okash does a customer verification to determine the credit limit. The site’s current interest rate is 14 percent, with repayment periods of between 14, 21, and 30 days, based on the loan amount.

8. Zenka

Zenka provides unique features as the initial credit has a free interest and no service fees. You have to pay the outstanding amount within the agreed time. Clients with no smartphone can access Zenka through USSD by dialing *483*101# or *841#. The site’s loan amounts vary from a minimum Kshs. 500 up to up to Kshs. 20,000. The current interest rates stand at 29%.

7. Mshwari

Safaricom has generated a friendly loan site called Mshwari, currently used by many Kenyans. It acts as both a lending platform and a paperless banking platform enabling Kenyans to save too. You can access as low as Kshs. 100 up to Kshs. 50,000, and the limit is only increased through conducting numerous transactions therein. The current interest rate stands at 6.65%, with a repayment period of 30 days.

6. KCB-Mpesa

The mutual affiliation of Safaricom with Kenya Commercial Bank has generated a site known as KCB Mpesa that enables Kenyans to save and borrow. The site is accessible through the Mpesa menu; hence a borrower must have a Safaricom Simcard. One can invest as low as Kshs.1 and access credit of at least Kshs. 100 up to Kshs. 50,000 with an interest rate of 7.35% and a one-monthly repayment period.

5. Timiza (Absa)

Absa bank, formerly called Barclays, has developed an online loan site, called Timiza, accessible through USSD *848#. The site disburses a minimum of Kshs. 50 up to Kshs. 1,000,000 depending on the bank’s customer rating. The loans attract an interest rate of 6.08% with a repayment loan period of 30 days.

4. Saida

Saida can lend up to Kshs. 25,000 in Kenya with a repayment period of 90 days. The site offers an interest rate of between 7.5% and 10%, as the disbursement is done through M-Pesa or Airtel money. To download the app, go to the google play store, download the Saida app, register then apply.

3.  Kopakash

Kopakash offers quick loans for Kenyans who require money to boost businesses, pay school fees and meet emergencies. Anyone can qualify for as little as Kshs. 1,000 to Kshs. 50,000 with a repayment period of between 91-120 days. The site offers an interest rate of at least 20%. All you need is to download the app via Google Play Store, register, and apply.


Branch s a widely used app in Kenya and abroad, with loan limits of between Kshs. 250 up to Kshs.70,000 with a period of between 4 and 68 weeks. The site’s interest rates range between 13% and 29%, depending on the loan amount and repayment duration. You have to download the app via google play store, create an account, and apply.

1. Tala

Tala issues personalized loans based on the client’s digital credit history. First-time borrowers qualify for Kshs. 1,000 to Kshs.2000. As the client pays, Tals may increase the limit to Kshs. 15,000. The site offers a 30-day repayment period with a service fee of between 7%-19%. The site also issues a 21-day loan having a service fee of between 5%-14%.


The growth of loan sites in Kenya has generated a positive impact on the economy. Kenyans can now access quick cash and meet prevailing emergencies. The sites offer convenient repayment periods alongside affordable interest rates.