Compare Loans in Kenya 2026
Compare 11 loan products from banks, SACCOs, and mobile lenders. Sorted by true cost (effective APR) — not the advertised rate.
Watch out for hidden costs.Mobile lenders often quote rates as "per loan" or "per month" — not annual. A "15% per loan" fee for 30 days is actually ~180% APR. We show the true effective APR for every product.
Hustler Fund
Good valuePersonal Loan — Digital Lender
Limit grows slowly
Must repay on time to increase limit
Effective APR
8%
Amount
KES 500 — 50,000
Speed
Instant
Equity Bank
Good valuePersonal Loan — Bank
Effective APR
13%
Amount
KES 50,000 — 5,000,000
Speed
3-7 days
Absa Kenya
Good valuePersonal Loan — Bank
Effective APR
13%
Amount
KES 50,000 — 8,000,000
Speed
5-10 days
Co-operative Bank
Good valuePersonal Loan — Bank
Effective APR
13.5%
Amount
KES 30,000 — 5,000,000
Speed
3-5 days
KCB Bank
Good valuePersonal Loan — Bank
Effective APR
14%
Amount
KES 50,000 — 10,000,000
Speed
3-7 days
M-Shwari
Personal Loan — Digital Lender
7.5% per month = ~90% APR
Late repayment affects CRB
Effective APR
90%
Amount
KES 100 — 50,000
Speed
Instant
KCB M-Pesa
High costMobile Loan — Digital Lender
2.5% negotiation fee + interest
Late penalties apply
Effective APR
107%
Amount
KES 50 — 200,000
Speed
Instant
Zenka
High costMobile Loan — Digital Lender
12% per loan = ~144% APR
Effective APR
144%
Amount
KES 500 — 30,000
Speed
Instant
Branch
High costMobile Loan — Digital Lender
~14% per month for short loans = ~168% APR
Effective APR
168%
Amount
KES 250 — 70,000
Speed
Instant
Tala
High costMobile Loan — Digital Lender
15% per loan (21-30 days) = ~180% APR
Access phone data for scoring
Effective APR
180%
Amount
KES 500 — 50,000
Speed
Instant
Fuliza
High costM-Pesa Overdraft — Digital Lender
Very expensive — 395% APR
Charges accrue daily even if unused
Can trap users in debt cycles
Effective APR
395%
Amount
KES 100 — 70,000
Speed
Instant