- Zash Loan App
Zash loan app is one of the leading mobile leanding apps in kenya as its common and known by so many people. They offer loans ranging from ksh500 to 200000 kenyan shillings. The amount one qualifies increases as you build credibility and so does the repayment period. They only need your ID and like two to three referees and you can check your loan limit. You can watch to know more here (click).
2. Zenka
Zenka is another loan loan. Gives one for 30 days the first time. Advntage with them they give you the amount you want they add intrest after. Range is from 500 to 200,000 Kenyan Shillings.
3. Kashbean
Ideal for individual seeking instant loans with less documentation. Maximum loan limit is 200,000 kshs but increases as one repays on time. Repayment goes up to 91 days. You should note, as a firstimer you might just get a loan limit of 500 kenyan shillings but it goes up as you repay on time.
4. Kashway
This loan app is also good. Repayment period normally starts with 14 days but as you build trust, it increases with the loan amount. Loan limit is upto 200,000 also. No CRB required. No hidden fees unless you late on repayment.
5. Bayes
Bayes has a range of 1000 to 500000 kenyan shillings. The repayment goes from 30 days to 180 days. The have good customer service. They even respond to chats on whatsapp. Once your loan is approved, its kept in the bayes app then you able to transfer it anywhere you want like to mpesa or even bank account.
6. Instacash
This loan app, actually all loan apps i have mention above entailing this can all be found in playstore. Instacsh as a first-timer you can be given 7 days repayment but increases as you build trust. The loan apps has several loans inside it meaning you can even take another loan category without paying back another first so that you pay back all of them at once.
In conclusion, loan apps are good. They assist one in cases of emergencies and even can save life’s but caution should precede everything. Do not take a loan with no plan especially no plan of paying back. It affects your credibility and next time when you need it most you wont qualify.