Mobile loans are funds that are accessible through the phone at a certain percentage rate interest and time to repay back. Here we are going to discuss some mobile loans in Kenya 2023 with no CRB check nor registration fee.
In Kenya, citizens are privileged to have access to finances for different purposes like emergency and business through mobile money.
“For now we can get emergency loans in Kenya via Mpesa.” Kenyan writes.
Apart from Mpesa, Mobile loans can also be accessed through USSD codes and or Banks in Kenya.
The mobile lending process was also welcomed by the ruling government by President William Samoei Ruto who recently launched the hustler fund loan. The hustler fund is available to every Kenya citizen with the national identification card and registered on mobile money platform for example Mpesa and Airtel Money. The hustler fund can be ba accessed by dialing *254#.
Another most efficient platform offering reliable mobile loans in Kenya 2023 is Mpesa. Mpesa has been the long lasting and most efficient place to get quickly processed loans pinned on the giant company SAFARICOM.
Banks also offer loans in Kenya to registered members and unregistered members. Most of the non registered loan application funds are disbursed through MPESA.
Examples of best banks offering loans at friendly interest rates include KCB bank, Absa Babk, NCBA Bank, Family bank, Cooperative Bank and Equity bank.
Top 10 Mobile loans apps in Kenya 2023
You can request for loans in Kenya via the following android apps,
- Zash loan
- Lend Plus
Kenyans have however been urged to be observant and question the credibility of an online lending company before signing an online borrowing contract with them.