Online Credits in Kenya

With Tala, you can unlock loans from KSh 1,000 up to KSh 50,000 straight to your M‑PESA, with interest starting at 0.3% per day and going up to 0.6%, based on your credit behaviour. There’s no need for paperwork or guarantors—just your phone, ID, and a solid repayment record to grow your limit.

I’d say Tala is worth it when you need cash urgently and you’re sure you can repay it fast—otherwise, the interest will punish you hard.

Branch offers mobile loans from KSh 500 all the way to KSh 300,000, paid through M‑PESA or your Branch Wallet. You get between 2 and 12 months to repay, and interest ranges from 2% to 18% per month, depending on your repayment history.

I personally find Branch helpful for quick cash flow gaps, but you have to stay sharp—delay kidogo and the interest bites hard.

With MOGO, you can borrow from KSh 50,000 up to KSh 3.25 million using your car logbook as security, and still drive the car like normal. Monthly interest is around 4% on a reducing balance, and you get between 6 to 30 months (sometimes even 60) to repay, with no hidden or upfront charges.

I’d say MOGO is okay for vehicle owners who know what they’re doing, but sign carefully—one small mistake and you could end up paying way more than planned.

MyCredit gives out loans from KSh 100K to KSh 10M backed by your car logbook, with repayment spread between 3 to 24 months and interest from about 5.2% per month on a flat rate. For salaried folks or business owners, unsecured or check-off loans go up to KSh 3M, with yearly interest around 19%–20%.

I’ve looked at their terms closely and honestly, MyCredit works well if you’ve got a car and a stable cash flow—but you must read the fine print, or you’ll end up paying more than you bargained for.

Using KCB M‑PESA, you can borrow from as little as KSh 1,000 up to KSh 1 million straight to your phone, with a one-off interest charge of 8.9% and a 30-day repayment window. For bigger loans, KCB also gives personal credit of up to KSh 8 million with flexible terms depending on your income, CRB standing, and whether the loan is secured or not.

From what I’ve seen, KCB mobile loans are solid for emergency use, but they don’t play nice with poor planning—respect the due date or it’ll cost you.

With Zenka, you can take loans starting from KSh 500 up to KSh 200,000, repayable in 61 days split into two instalments. The first loan is interest-free, but after that, interest ranges from around 9% to 39% depending on how you borrow, plus a 1.5% daily penalty for late payments.

From my end, Zenka is okay if you borrow small and clear it early—but once you delay or take a bigger chunk, the math stops working in your favour.

Through EazzyLoan on the *247# menu or mobile app, you can borrow from as low as KSh 100 all the way to KSh 3 million, with instant approval and cash straight to your Equity account. Those on payroll can also access up to KSh 5 million under Equiloan, payable in up to 72 months, depending on your employer agreement.

I’ve seen how Equity’s digital loans work on the ground, and I’d say they’re reliable for quick fixes—but the longer-term ones need a clear head, or you’ll stretch yourself too thin.

Izwe offers logbook loans from KSh 50,000 all the way up to KSh 20 million, payable in 6 to 18 months, with monthly flat interest between 3.5% and 4.5%. They also give unsecured salary-check-off loans to civil servants and selected private employees, with repayment terms stretching up to 6 years depending on employer agreements.

I’ve looked at Izwe’s terms and they work well for people who know how to manage debt—but don’t just focus on the loan amount; check the real cost before you lock in.

With Okash, you can borrow anything from KSh 1,500 up to KSh 500,000, and the repayment period is usually 15 days. They charge 1.2% per day on interest, and if you delay past the due date, a 2% daily penalty kicks in—no mercy there.

From where I stand, Okash works fine if you’re sharp with money—but the second you miss your due date, it turns into an expensive headache.

Jijenge dishes out logbook loans from KSh 50,000 up to KSh 10 million, with interest starting at 3.75% per month, and repayment periods going up to 60 months. Once your paperwork is ready and the car’s valuation clears, the money lands in your account in under an hour.

From my view, Jijenge is a legit option if you’ve got a car and a clear plan—just be smart about the repayment timeline so the cost doesn’t creep up on you.

With Ngao, you can borrow from KSh 100,000 up to KSh 4 million using your car logbook as security, with repayment stretched up to 24 months and flat interest from around 3.5% monthly. Their Snap Loan product also lets you get between KSh 5,000 and KSh 30,000 through your phone — no paperwork, no waiting.

From my view, Ngao is solid for people who need quick credit with assets to back it—but you’ve got to be smart with the numbers because long-term flat rates can quietly eat into your cash.

Timiza gives you quick mobile loans from KSh 1,000 up to KSh 150,000, repayable within 30 days, with a flat 1.083% interest plus a 5% facility fee knocked off at the start. You can also take longer-term loans of 3, 6, 9, or even 12 months, all handled via the app or by dialling *848#.

Personally, I find Timiza reliable for quick, short-term loans—but only if you’re sharp with repayment, because that cost climbs quietly in the background.

Faulu’s Digi Loan gives you between KSh 1,000 and KSh 300,000 straight to your phone, repayable in 30 days, with monthly interest ranging from 2% to 5%. They also offer salary-based check-off loans up to KSh 6 million with repayment periods going up to 10 years, mostly tailored for employees in approved organisations.

From my experience, Faulu loans are a good option for people with stable income or solid phone history, but you really have to plan your repayment or things get tight quickly.

Carbon gives you fast mobile loans from KSh 500 up to KSh 50,000, straight to your M‑PESA — no paperwork, just your ID, a selfie, and mobile history. The better your repayment record, the better your future loan limit and rates, and the whole process takes just a few minutes.

I’ve used Carbon myself and would say it’s solid for short-term cash flow gaps — just make sure you clear on time because it’s not always clear how the cost adds up.

Momentum gives out logbook loans of up to KSh 3 million, repayable in 24 months at a flat monthly rate of 4%, and if your documents are in check, the money hits your account in less than a day. They’ve also got a mobile option called “Ezua Chapa” where you can get smaller loans within 6 hours, plus check-off loans for civil servants of up to KSh 500,000 paid back straight from your payslip.

I’ve seen how Momentum works, and I’d say it’s great for someone who needs speed and doesn’t mind the flat interest—but you’ve got to budget tightly or you’ll feel the pinch later.