Updated Money Lending Apps in Kenya| Loan Apps in Kenya
Updated Money Lending Apps in Kenya| Loan Apps in Kenya: Money lending apps are gaining ground all over Kenya today if you want to lend money, it is now easy and faster with these updated lending Apps in Kenya
These updated lending Apps are reliable and safe, and, they offer users the best experience in the world of mobile money lending, this is because, these updated lending Apps do not make use of credit scores when issuing loans to a client, nor ask a client to do strenuous paperwork
You download these apps, register your name, and supply other useful information, your loan will be disbursed upon meeting their requirements, these are what the mainstream or commercial banks are scared of
More so, updated lending Apps have some premium qualities and features, you will be shown the best loan that fits your needs and the lender willing to give the tenure and rate will be well specified, and of course, no one will police you upon default
Updated Money Lending Apps in Kenya| Loan Apps in Kenya
One good thing about these apps is that, they offer quick credit when you apply, should you need emergency money, you can try the below-mentioned apps
Zidisha
Okash
Utunzi
Zash
Saida
Haraka
Apesa
KashPlus
M-pesa app
KCB M-Pesa
MCo-op Cash app
Timiza app
KCB app
Eazzy app
Berry
Tala
Branch HF
Whiz
Shika
iPesa
Zenka
Berry App
This is a very low-cost and affordable loan app, that gives friendly loans to Kenyans. To register, simply visit your Play Store and download the app
Supply all the needed information, and you will verified upon successful registration, which is instant, more so, you can start accessing loans up to Ksh 500 for a start, and can also get up to Ksh 50,000 as you continue paying your previous loans
However, you will pay 8 to15% of the principal amount as a service fee
Tala app
Many Kenyans would not want thorough checks by the CRB before granting their loan demand, this is because many will be found wanting of loan default and poor credit score
This single fact has made the loan app the most popular in Kenya, with millions of downloads and good ratings by users, to register, simply go to your Google Play Store and download the app
Supply all the needed information and apply for an instant loan, it is fast and super simple, in addition, repayment can be done once or in installments via Mpesa Xpress
Safaricom’s Mpesa app
The Safaricom works more like a commercial bank, the app offer service like saving and lending money
When you apply for a loan here, you earn 3% annual interest for Ksh1-20,000, 5% annual interest for Ksh.20,000-50,000, and 6% annual interest for over Ksh.50,000. You access loans from Ksh. 100, and your credit history determines your maximum limit.
KCB mobile loans
The KBC works more like a commercial bank, you save money and in turn, are qualified to take a loan at some point in time, this platform allows you to get a loan more than one time, as you have not crossed your loan limit
To use this app, go to your phone’s SIM toolkit. Open the M-Pesa menu to borrow money or access the loans via the M-Pesa or KCB mobile apps.
Timiza App
This app allows you to carry out many banking services on your mobile phone including instant loans, money transfers, and purchase insurance
You can also access the service by dialing *848# to register and apply for mobile loans from Absa Bank.
Branch app
Registration is free within and outside the country. One can access up to Ksh.70,000 on the Branch app via smartphones.
This money lending app allows you to borrow small amounts of money to solve your immediate needs, you apply and get approved with any paper work or strenuous exercises
Loans are approved within 24 hours of application, and there are no hidden fees. Moreover, the Branch does not charge late fees or rollover fees.
Shika Shika app
This app has mouthwatering features that are more than banking, these features include text messaging and provide the latest news on politics, sports, entertainment,
More so, the Shika app gives loans suitable for small start-ups in finance, invoice discounting, agriculture, asset, and others
iPesa app
one good thing about this app is that its loan has no service fee, you can borrow from Ksh. 500 to Ksh. 50,000 within 91 days to 180 days. Their annual interest rate is 12%, and the app does not have service fees.
You can apply for this loan by downloading the app from the Google Play Store and starting borrowing as soon as possible
See EasyBuy VIP App Review: How to Get A Quick Loan from EasyBuy
Zenka Zenka app
When you use this app to borrow money, your first loan is interest-free, you pay the capital not interest at the due date. It has many other benefits including 61 days of loan tenure,
Visit their website fill out the application form and register successfully, you will receive the loan in less than five minutes.
Conclusion
When you need quick money and you don’t know where you borrow, we can beat our chest that these apps mentioned above can serve your purpose