Best Kenyan Mobile Loan Apps to Get an Instant Loan in 2022

In Kenya, money lending applications are gaining popularity and giving banks a run for their money. The reason for this is that individuals prefer the convenience of being able to get a loan wherever they are rather than going through the stress of going through the loan process at a bank.

Are you in a bind or in desperate need of cash but don't want to go to the bank? Why not use one of the money loan apps listed above to get cash while at work, at home, or at school? Check out Kenya's finest lending apps.

Top Loan Apps in Kenya

1. Berry

Berry is a one-of-a-kind mobile money lender. You may get low-cost loans in Kenya by downloading the app. It is a convenient way to receive loans because the repayment schedules are flexible. Simply download the app from the Google Play Store and register to apply for a loan. You can apply for loans after your identification has been verified. On your first loan request, you can only get Ksh. 500, but after that, you can get up to Ksh. 50000. Berry charges between 9 and 16 percent of the borrowed amount as interest.

Here is where you can get the Berry App.

2.  Branch Loan

Branch, which is a San Fransisco company, also operates in Kenya via a subsidiary in Nairobi. You have to be s registered Mpesa user to qualify for loans. Furthermore, for you to qualify, you must have an active official Facebook profile, and your usernames must match your National ID card. When you are done with installing Branch loan app on your device, connect the app to your Facebook account, and provide the necessary details. An SMS will be sent to you for verification purposes, and you’ll verify by opening the link sent in the SMS. The minimum loan limit of Branch is currently Ksh 1000.

Download Branch Loan App Here

3. Tala

Formerly called Mkopo Rahisi, Tala delivers loans within the shortest time – in about 5 minutes. Tala groups loans into three stages, namely bronze, silver, and gold. If you’re just a new user, you are placed in the bronze category, and you have access to Ksh 500. For those in the bronze category, they can get loans between Ksh. 500 to Ksh. 4999. As you use the app and pay up your loans on time, the limits gradually go up.

Download Tala Loan App here