Unsecured Mobile Loans in Kenya | 5 Benefits


Let’s stop shying away and talk about Unsecured Mobile Loans in Kenya. It is easy for one to request a loan in the comfort of one’s palm using your mobile phone. It has been made possible by the use of applications as well as USSD loans to M-Pesa.

These emergency loans in Kenya were conceptualized by Safaricom in 2012. The applications have revolutionized our financial sector to an extent where most lenders have partnered with big giants of telecommunication so as they can be able to have their own applications.

These loan apps in Kenya can easily be downloaded on Google Play, therefore, guaranteeing Kenyans instant loans without security in Kenya.

5 Advantages of Unsecured Mobile Loans in Kenya

No more Guarantors

The biggest achievement you can say about the applications offering unsecured loans is that it has struck off the headache one experienced when looking for guarantors. This enables one to apply for a loan when in need and get the loan within a short time.

Easy Loan Application

Unsecured mobile loan in Kenya has made life so much easy for the common Mwananchi. It has enabled a person to be able to apply for a loan without physically going to the bank to apply for it. This enables a person to continue doing his business as usual without much interruption.

Say goodbye to tedious Paperwork

Since the application for a loan is done via phone, it has therefore reduced the amount of paperwork that was being used by the lenders. The paperwork was used to scrutinize your application so as they can be able to see if you are qualified for a loan or not.

Instant Profiling of Loan Applied

Traditional credit model, a panel had to sit and determine if you are qualified for a loan. With an unsecured mobile loan application in Kenya, the reply is instant. Within seconds after registration, you are able to know if you qualify for a loan or not and also the loan amount you qualify for.

The determining factor can be your history with them. They check to see if you have been using their application for a period of 6 months while other institutions are just a matter of registering as a new user and immediately applying for a loan. Other applications check how active you are in social media.

Unbelievable Low-Interest Rates

Due to competition, financial lenders have greatly reduced their interest rates on their loans. The interest rate starts as low as 1%.

Best Unsecured Mobile Loans in Kenya

We’ve come up with a list of where you can get a loan in Kenya without security. Most of these companies have a loan limit but that cannot prevent your dream on the best Business to start with 20k in Kenya.

KCB M-Pesa

This is one of the best banks that offer unsecured mobile loans in Kenya.

How to get KCB M-Pesa Loan In Kenya

  • Step 1: Go to your M-Pesa menu.
  • Step 2: Click the ‘Loans and Savings option.
  • Step 3: Then click KCB M-Pesa to activate your account.

You can acquire a maximum loan of Ksh 100,000 and a minimum of Ksh 50.

Tala Mobile Loan

This is one of the oldest money lenders in Kenya.

How to get Tala Mobile Loan In Kenya

  • Step 1: Download app from Google Play Store
  • Step 2: Ensure you have an active Facebook account
  • Step 3: Link Tala with your Facebook account

There’s a Ksh 500 loan limit to all new registered members on Tala.

Branch Mobile Loan App

This is where you access a loan in a blink of an eye.

How to get Branch Mobile Loan in Kenya

  • Download Branch app from Google Play store
  • Fill up the registration form
  • Submit it for a quick review

Branch Loan app has a loan limit of between Ksh 250 and Ksh 70,000.

Timiza by Barclays Bank Kenya

This is a product of Barclay Bank Kenya.

How to get Timiza Loan in Kenya

  • Download Timiza app from Google Play store
  • Fill up the registration form
  • Submit it for a quick review

Most of the time, even after successful registration, you might get a loan from Timiza.


This loan is offered by Safaricom.

How to get M-Shwari Loan in Kenya

Its loan limit depends on your saving frequently with saving to Mshwari savings account. Not only can be able to buy Safaricom airtime online but you can get money too anytime you need

Our Final thoughts

Every financial institution has put some standard operating procedures that have to be followed when one requests for a loan, and not only can you get unsecured loans Kenya but Kenya Power Okoa Tokens too.

The more you save or borrow and pay on time the more your loan limit grows Start downloading the applications today and enjoy the unsecured mobile loans in Kenya. All you need is your phone and you are a click away to secure an unsecured loan instantly.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More