Loan Apps with the Lowest Interest Rates in Kenya 2025
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AsapKash Loan App (0.05% per day)
For borrowers seeking a cost-effective lending option, the AsapKash loan app stands out with an ultra-low interest rate of 0.05% per day. Users can apply online 24/7 and borrow up to Sh 50,000 with a simple and convenient process. This makes it a go-to option for individuals needing quick cash without high repayment burdens.
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Tala Loan App (0.3%-0.6% per day)
A household name in mobile lending, the Tala loan app provides flexible borrowing options with daily interest rates as low as 0.3%. With easy access to loans of up to Sh 50,000, users can complete the Tala loan application form online and receive funds directly into their mobile wallets.
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LendPlus Loan App (0.9% per day)
The LendPlus loan app offers borrowers a quick and easy way to secure loans ranging from Sh 500 to Sh 40,000. With an interest rate of 0.9% per day, users can enjoy flexible repayment terms tailored to their needs.
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Branch Loan App (2%-18% monthly)
With its reputation for offering substantial loan limits, the Branch loan app allows users to borrow up to Sh 300,000. Interest rates vary between 2% and 18% per month, making it a viable option for those needing significant funding. The Branch loan app download ensures fast application and disbursement of loans.
Read: The Top 10 Registration Fee-Free Loan Apps in Kenya
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Okash Loan App (5%-18% monthly)
The Okash loan app is designed for borrowers seeking a fast and paperless loan application process. Offering loans from Sh 2,500 to Sh 50,000, its interest rates range between 5% and 18% monthly. Users can easily complete the Okash loan app download and apply without lengthy approval procedures.
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Timiza Loan App (7.25% monthly)
A convenient option backed by ABSA Bank, the Timiza loan app provides access to loans of up to Sh 250,000 at a monthly interest rate of 7.25%. Borrowers can register via the Timiza USSD code (*848#) or download the app for seamless transactions.
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M-Shwari (9% per month)
The M-Shwari loan service, powered by Safaricom and NCBA, allows users to borrow while also encouraging a savings culture. Interest rates stand at 9% per month, with the potential to increase the M-Shwari loan limit through active usage of M-Pesa, voice, and data services.
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Zenka Loan App (9%-39%)
With a flexible loan structure, the Zenka loan app caters to a wide range of borrowers. Loans of up to Sh 50,000 are available, with interest rates varying between 9% and 39%. Users can complete the Zenka loan app download within minutes and apply for financial support anytime.
Read: Personal Loans vs. Mobile Loans in Kenya: What You Need to Know Before Borrowing
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Eazzy Loan (13% per annum)
Offered by Equity Bank, Eazzy Loan provides users with high borrowing limits of up to Sh 3,000,000. With an annual interest rate of 13%, the Eazzy loan app remains a competitive option for those requiring larger sums without excessive rates. The application process is simple, requiring no guarantors or physical forms.
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iPesa Loan App (36%-72% annually)
Rounding up the list, the iPesa loan app grants users access to loans up to Sh 50,000, with annual interest rates ranging between 36% and 72%. The iPesa loan app download apk facilitates easy application and direct M-Pesa disbursements.
Jefferson Wachira is a writer at Africa Digest News, specializing in banking and finance trends, and their impact on African economies.
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