{"id":3844,"date":"2021-02-10T18:09:00","date_gmt":"2021-02-10T18:09:00","guid":{"rendered":"https:\/\/www.jisort.com\/?p=3844"},"modified":"2021-02-10T18:09:00","modified_gmt":"2021-02-10T18:09:00","slug":"where-can-i-get-a-loan-in-kenya-without-security","status":"publish","type":"post","link":"https:\/\/jisort.com\/blog\/where-can-i-get-a-loan-in-kenya-without-security\/","title":{"rendered":"Where Can I Get A Loan In Kenya Without Security?"},"content":{"rendered":"\n<p>Day to day we find ourselves running low on cash and often we ask; Where can I get a loan in Kenya without security? What this means is having a loan that you don\u2019t have to secure with guarantors or even collateral.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/3a7SBd8-mUSLm8Q50xKhgMGre_TLrwT1svqqi2mNRFm-DD50AOUwxW69tuq7S5849_d88SsygA9etEqu7G85brBEXnPOTVeBURV6EdpeZgD4opdfxFwoBM5lmnSg6eSMZJBuQBj6\" alt=\"Where can I get a loan in Kenya without security?\" title=\"\"><\/figure>\n\n\n\n<p>This type of freedom can be availed by different organizations. Most finance institutions often require users to have a guarantor or collateral in case they fail to pay.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Who qualifies for a loan?<\/strong><\/h3>\n\n\n\n<p>Everyone who is 18 years and above, has a mobile phone(smartphone) and a number that has been in use for more than 3 months.&nbsp;<\/p>\n\n\n\n<p>Also, you need to have a good credit score. Because it will be used to determine the amount you can borrow.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Where to get a loan without security?<\/strong><\/h3>\n\n\n\n<p>Here is a list of <a href=\"https:\/\/www.jisort.com\/where-to-get-online-loan-in-kenya\/\" target=\"_blank\" rel=\"noreferrer noopener\">places to get a loan<\/a> without security:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>1. KCB M-PESA<\/strong><\/h4>\n\n\n\n<p>It\u2019s a banking\/M-Pesa loan for Safaricom and KCB Bank customers. However for you to get a loan you must have been saving on KCB M-Pesa and have used your Safaricom line for more than 6 months.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/8DxqKSJ0FgCtP33fG7HhFP6_-xdMLMkQ5SG0S5bsxqUK2PA2k_K7tdu6VE0hmomj_kBVo9RqlS-KmfQpAZum4KbqSMKQQS13kjz0x_KfkdznU2547s6qdxUPkcMElheOeONdTd-T\" alt=\"KCB M-Pesa: Where can I get a loan in Kenya without security?\" title=\"\"><\/figure>\n\n\n\n<p><strong>To apply for a loan:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Go to the M-PESA menu<\/li><li>Select loans &amp; savings<\/li><li>Then KCB M-PESA<\/li><li>Select loans<\/li><li>Request loan<\/li><li>Enter amount<\/li><li>Enter M-PESA PIN &amp; submit.<\/li><\/ul>\n\n\n\n<p>The loan will be deposited into your KCB M-PESA account. To access the loan, move the money to your M-PESA. It is free to send and withdraw money to M-PESA from KCB M-PESA.<\/p>\n\n\n\n<p>Borrow from a&nbsp; minimum Kshs. 1,000 and up to Kshs. 1 million charged a facility fee of 7.35%.&nbsp; KCB&nbsp; loan interest rates are 7.35%.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">2. <strong>Where can I get a loan in Kenya without security: MSHWARI<\/strong><\/h4>\n\n\n\n<p>It is a product of M-Pesa; a paperless banking service that allows customers to access loans without visiting banks.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/PLGfMtV3gdDgv-GoYL-oFvHNlzGHe-djObuRtY1A8sylsgdmVmMcYhArME3gT547CURHfCm67khT_Gr1RRLTaChYPJNv0DfpQFBsJvmOOHQbh5POwQl8e_qaJ9TW-EqZImtNsBtq\" alt=\"Mshwari\" title=\"\"><\/figure>\n\n\n\n<p>Borrow from as low as Kshs. 100 with an interest rate of 7.5%. <\/p>\n\n\n\n<p><strong>Requesting for a loan on Mshwari:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Access the M-PESA menu.<\/li><li>Select Loans and Savings.<\/li><li>Then M-Shwari.<\/li><li>Select Loan.<\/li><li>Request Loan.<\/li><li>Enter amount.<\/li><li>Enter your M-PESA PIN<\/li><li>The loan amount will be sent to your M-PESA Account. The loan amount to be paid will be inclusive of the facility fee.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">3. <strong>SAFARICOM FULIZA<\/strong><\/h4>\n\n\n\n<p>This is another product of Safaricom which allows one to send or pay bills even when the account balance is not enough.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/0EQVMY_wzo_0xmWLZrIj9aSE-2ECE0AEVI4siDNor1h15FaOUwxSmJcMKncN9NouAs-rsiSFMOPTvU6zkJ0VlSyHw1k3k6b_j2kvMM24xb8bAxkQsTjl4qKsaEILSMJssCMJt-sy\" alt=\"Where can I get a loan in Kenya without security: Fuliza\" title=\"\"><\/figure>\n\n\n\n<p>Fuliza is available to all Safaricom Customers however the limits will depend on your credit viability and how long you have been using M-PESA.<\/p>\n\n\n\n<p><strong>Fuliza&nbsp; Charges:<\/strong><\/p>\n\n\n\n<p>0 -100 One-time fee of Kshs. 2<\/p>\n\n\n\n<p>101-500 Kshs. 5 per day<\/p>\n\n\n\n<p>501-1000 Kshs. 10 per day<\/p>\n\n\n\n<p>1001-1500 Kshs. 20 per day<\/p>\n\n\n\n<p>1501-2500 Kshs. 25 per day<\/p>\n\n\n\n<p>2501-70000 Kshs. 30 per day<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">4. <strong>Where can I get a loan in Kenya without security: SHIKA App<\/strong><\/h4>\n\n\n\n<p>It is a loan app that allows people to access loans fast. Besides, after applying you get the loan sent directly to your M-Pesa account.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/qDaAuBBpj0Qej-fO-WpI8LN8y7Ca7LNnIixXUejItDDujtYV2KQugu80OR6EaN2Tc2-KO9KlxBZfZbNJx7LAZCSCXn0JqVMY_dbqUS8fgqJlOBwJgOHxOSy2qsZ8-40GGIAaa2WK\" alt=\"Shika app\" title=\"\"><\/figure>\n\n\n\n<p><strong>How to apply:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Download the app<\/li><li>Verify your phone number&nbsp;<\/li><li>Register&nbsp;<\/li><li>Choose a PIN<\/li><li>Request for your loan&nbsp;<\/li><li>Wait for&nbsp; M-PESA confirmation within a matter of seconds<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">5. <strong><a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/www.jazikaventures.co.ke\/\" target=\"_blank\" rel=\"noreferrer noopener\">JAZIKA<\/a><\/strong><\/h4>\n\n\n\n<p>Is a <a href=\"https:\/\/www.jisort.com\/money-lending-accounting-software\/\" target=\"_blank\" rel=\"noreferrer noopener\">money lending software<\/a> that credits debtors without security. You only need to have an active Safaricom line.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/e905cml0Jp4D2gTI8ixj1AVxWxURJ5B6hLgEDwOHukNPQk9ibLz_mJt74slEcP2nsjXYueAk8vJfq65eGXIGqGnLY-Q5cvNwlsovESLbhBfXj2g7h1JMLpxzBDhbTJigpC_mmXLE\" alt=\"Where can I get a loan in Kenya without security: Jazika \" title=\"\"><\/figure>\n\n\n\n<p><strong>It is easy to apply for a <a href=\"https:\/\/www.jisort.com\/the-easy-loan-management-tool\/\" target=\"_blank\" rel=\"noreferrer noopener\">loan <\/a>on Jazika:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Download the Jazika App<\/li><li>Register and answer a few questions.<\/li><li>Apply for a loan.<\/li><li>Waait for M-Pesa Message confirmation.<\/li><\/ul>\n\n\n\n<p>You can borrow as low as Kshs. 500 and up to a maximum of 50,000. Jazika also has a <a href=\"https:\/\/www.jisort.com\/member-registration\/\" target=\"_blank\" rel=\"noreferrer noopener\">registration fee to keep off non-committed members.<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">6. <strong>Where can I get a loan in Kenya without security: KOPAKASH&nbsp;<\/strong><\/h4>\n\n\n\n<p>It is a credit app that allows clients to access loans. Its credit ranges from Kshs. 1,000 to Kshs. 50,000 with a repayment schedule of a minimum of 91 days and a maximum of 120 days.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/Z5pgZtZ3iylhnrtMHz-UgUdY60dtrN_QsI46XGhoJYaydLG11mYHlB3xzAqptDMOMGFjmcnk9xam_F9DpTpC0r4akf5wfwAsLXIZxh59_xGDKBXwbCGHD0m2Up40khniLygCkodF\" alt=\"KopaKash\" title=\"\"><\/figure>\n\n\n\n<p>The loan can either be disbursed into your M-Pesa or your bank account.<\/p>\n\n\n\n<p><strong>How to get a loan:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Install the KopaKash APP from the Play Store or click here to install<\/li><li>Register with your M-PESA phone number.<\/li><li>Select the product you would like to apply for.<\/li><li>Fill in your basic information and upload your KYC documents, then submit the application.<\/li><li>The final application result will be shown in the APP and sent via SMS if approved.<\/li><li>E-sign the loan agreement after the approval.<\/li><li>After the E-sign, the approved loan<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">7. <strong>SAIDA<\/strong><\/h4>\n\n\n\n<p>It is a loan app that offers services both to M-Pesa and Airtel clients. However, Saida checks your eligibility through M-Pesa transaction messages.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/Rj3RKelEMgT-sEgRLRVmLVucFiUztjFLe5-9ePZCuLVruDI3j3FthpSVOxp06LVvttsp-_yIujaSw7wBOWRYWcHAIvIPprcxzcmcswJl0F0tDGsDMxeC8rtZRhQ5lPmdTO1Pk50U\" alt=\"Where can I get a loan in Kenya without security: Saida App\" title=\"\"><\/figure>\n\n\n\n<p><strong>Applying for a loan:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Download the Saida App<\/li><li>Register by giving your correct details.<\/li><li>Answer a few questions.<\/li><li>Wait for Saida review&nbsp;<\/li><li>Request for a loan<\/li><li>Wait for M-Pesa confirmation.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">8. <strong>Where can I get a loan in Kenya without security: HARAKA<\/strong><\/h4>\n\n\n\n<p>It\u2019s a micro-loan service by GetBucks, a South African company that allows clients access to loans.&nbsp;<\/p>\n\n\n\n<p>To be a client, you must have a Facebook profile, then proceed to choose your payment terms before your credit can be approved.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/WmSOW9_ZJ-sXhZ_0Q2hTkpop0dXR838P3QecHJ86lQIGsFL0lz6HRihHQtmuz8uRJoodwAeKNac1gE9yaipJ3___erRDEp4AgIgf4VyZw6vlstOqy977hkERTpQprodJWo1Y9CpH\" alt=\"Haraka App\" title=\"\"><\/figure>\n\n\n\n<p><strong>How to get a loan:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Download the Haraka App.<\/li><li>Sign up through Facebook.<\/li><li>Choose the loan amount and payment terms.<\/li><li>Wait for confirmation.<\/li><\/ul>\n\n\n\n<p>Loans have become part of our day-to-day activities. We all run out of cash sometimes and we often require extra cash to help us complete some transactions.<\/p>\n\n\n\n<p>There are other <a href=\"https:\/\/www.jisort.com\/start-mobile-lending-today\/\" target=\"_blank\" rel=\"noreferrer noopener\">mobile lending<\/a> apps like:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Branch<\/li><li>mKey<\/li><li>MCo-op<\/li><li>Eazzy loan<\/li><li>Okash<\/li><li>Timiza<\/li><li>And many others:<\/li><\/ol>\n\n\n\n<p>Whenever you run into a&nbsp; money problem and you don\u2019t want to consult your bank, just use one of these apps.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.jisort.com\/how-to-get-online-loan-in-kenya\/\" target=\"_blank\" rel=\"noreferrer noopener\">Kenya is growing and so are the loan<\/a> apps, everyday there is a new app that comes up and tries to bridge the gap of getting loans.<\/p>\n\n\n\n<p>Well for those considering starting a money lending business do <a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/www.jisort.com\/how-to-market-a-money-lending-business\/\" target=\"_blank\" rel=\"noreferrer noopener\">check this out.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Day to day we find ourselves running low on cash and often we ask; Where can I get a loan in Kenya without security? What this means is having a loan that you don\u2019t have to secure with guarantors or even collateral. This type of freedom can be availed by different organizations. Most finance institutions [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":3846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[214,212],"tags":[],"class_list":["post-3844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lending-business","category-loans-in-kenya"],"blocksy_meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts\/3844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/comments?post=3844"}],"version-history":[{"count":0,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts\/3844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/media?parent=3844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/categories?post=3844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/tags?post=3844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}