Loan Apps in Kenya without CRB checks
Some financial institutions require information about their borrowers’ creditworthiness to minimize the risk of defaulted payments. If you fall under the category of borrowers who have overdue debts, there’s a likelihood that your loan processing will take a long time.
Luckily, some loan apps in Kenya do not require checks from the Credit Reference Bureau (CRB). However, this doesn’t mean that these services will not require the provision of information relating to whether you have taken other loans before or not. If you do not meet the criteria of these digital lenders, you may still end up with no probability of receiving financial assistance.
Examples of Loan apps that do not require CRB checks
You can use the internet or ask friends who have borrowed digitally before identifying your options regarding working with a Loan app that will not dive too much into your credit history through formal checks. In your quest to obtain information on these online lenders, you’ll come across a few suggestions as listed below:
- Utajiri Loan App
- Craft Loan App
- Upazi Loan App
- Usawa Loan App
- Fadhili Loan App
- Opesa Loan App
- Branch Loan App
- Tala Loan App
Explained below is how each of these apps works and how you can apply for a loan:
Utajiri Loan App
This lender operates digitally, meaning you have to download the app from your play store. With a fast internet connection, this process should take a few seconds as it only involves:
- Locating the app and clicking install
- Launching the installed app on your android phone
- Creating an account by providing requested information and your M-pesa phone number
- Paying a registration fee of Ksh 250
- Applying for the loan
- Stipulating the appropriate loan term
- Submitting your request
When repaying, the process isn’t complicated because you’ll only Launch your Safaricom toolkit or app and click on M-pesa. Next, choose Lipa na M-pesa followed by the PayBill option. Insert the business number as 877199 and let your phone number be the account number.
The final step includes adding your repayment value and PIN then completing the transaction. Ensure that you input the correct details to avoid sending money to the wrong individuals or companies.
You can reach the Utajiri loan app through:
Email: [email protected]
Phone number: +254720777132
Craft Loan App
This loan app is a registered financial lender that seeks to increase people’s productivity by offering cash to be returned later. If interested in obtaining a loan, download the Craft loan app on your smartphone through the play store.
Upon successful installation of the app, provide your name, phone number, Email address, and date of birth, as this information is necessary when creating an account. You’ll also have to pay a fee of Ksh 250 as part of your registration process following the steps below:
- On the M-pesa menu, click Lipa na M-pesa
- Select PayBill and enter 352032
- When prompted to add your account details, enter your phone number
- Stipulate the amount you’re paying, which is Ksh 250
- Fill your PIN
- If the details are correct, click OK
On paying the registration fee, you can apply for a loan that may range from Ksh 500 to Ksh 50,000. Paying your loan on time will increase the amount of money you can get from the Craft loan app, so honor your obligations. When repaying, follow the same steps as when paying the registration fee. The only difference between these two transactions is the amount of money you’ll pay.
Craft loan app’s customer care contacts are:
Phone number: +254780004840
Email: [email protected]
Upazi Loan App
If looking for a loan app that doesn’t perform CRB checks, consider this loan provider. Obtaining a loan from Upazi loan app is easy because applications and payments happen through the internet, so you do not have to keep moving from one office to another.
On your smartphone, install the Upazi loan app through the play store. Seeing that you’re using the service for the first time, click sign-up, where you’ll have to pay a fee of Ksh 250 using M-pesa PayBill, which is 256767. In addition to providing your phone number and paying a registration fee, there is a requirement to include more information which includes:
- Your gender
- ID number
- Your full names
- Date of birth
Ensure to provide the correct details as failure to do this may delay your loan application. You can request a loan on completing the registration process and note that Upazi loan app charges a 12% interest rate. Your loan limit will range from Ksh 500 to Ksh 50000, but the amount can go up on proving that you’re a trustworthy borrower. When paying back, use the same M-pesa PayBill number you used when paying the registration fee.
Upazi loan app contacts are their phone number and email, which are +254780004840 and [email protected], respectively.
Usawa Loan App
You need to download the Usawa loan app on your smartphone, which is the only way to access loan services. Visit the google play store, search the app by name, click install, and wait for the process to complete automatically. Below are the steps you’ll follow when applying for a loan with Usawa loan app:
- Launch the newly downloaded app
- Create an account by adding your details such as name and ID number
- Pay an annual registration fee of Ksh 400
- Upon verification of your account, apply for a loan, which you’ll receive through your M-pesa phone number
- Repay the loan before the repayment period ends
To repay the loan, go to your M-pesa menu, click Lipa na M-pesa, then the PayBill option. Add 138103 as the business number and your phone number as the account information, state your repayment amount, insert your PIN, end the transaction by pressing OK.
Note that the interest rate for Usawa loans is 12%, and the repayment period shouldn’t exceed 91 days.
Contact the Usawa loan app at +254790639990 or [email protected].
Fadhili Loan App
With so many options to choose from, you may never be too sure about the best loan app to go with when you’re in need of financial assistance. Without information about how each financial service differentiates from the other you may end up choosing wrongly. Explained below is Fadhili loan app and all you need to know about applying for a loan, getting approved and paying back.
The first thong you’ll need to do if you intend to borrow using this app is download it from your phone’s Google play store. After doing so successfully, you can enter your personal details such as phone number, and pay a registration fee of Ksh 350, after which your account will be activated.
Upon activation, log into the amount and apply for your desired amount, ranging from Ksh 300 to Ksh 100,000. Also select the repayment duration and if your application gets approved, you’ll receive the money through Mpesa.
Repayment is easy as you just need to use Mpesa as follows:
- Visit Mpesa menu.
- Select Lipa Na Mpesa.
- Select PayBill,
- Enter the business number, 995321.
- Enter the account number, which is your phone number.
- Input the amount you wish to repay.
- Add your pin number.
- Click ok.
You can reach Fadhili loan app customer care team by writing a message through the app, or calling 0720686009.
Branch Loan App
With offices in Kenya, India, Nigeria, and Tanzania, Branch is another digital lender that offers financial assistance to borrowers who meet the requirements below:
- Own an android phone.
- Be an active Facebook subscriber.
- Have an Mpesa registered phone number.
Seeing that Branch is an online lender, you’ll have to download the app by following these steps:
- Visit the Google play store on your phone.
- Type Branch then click on the search icon.
- Click install.
- Launch the downloaded app.
Upon opening the app, enter your details as prompted and ensure you input correct information. Failure to do this might result in your loan application being rejected. You’ll receive the borrowed amount through Mpesa and you can use the same platform when paying back. Follow the steps below when paying the debt:
- Open your Mpesa menu
- Click Lipa Na Mpesa.
- Select PayBill.
- Enter 998608 on the business number slot.
- Enter the phone number you used during registration as the account number.
- Input the amount you’re paying.
- Add your Mpesa pin.
- Click ok.
Branch loan app’s contact details are:
Physical Address: 10th Floor, Reliable Towers, 11 Mogotio Road, Off Chiromo Lane, Westlands, Nairobi.
Phone number: +254 711 995555
Opesa Loan App
Developed by Tenspot Kenya Limited, Opesa is a loan application that offers financial services to Kenyans who are subscribed to Mpesa. To access loans from this app, you need to download it from the Google play store, which will take you a few minutes, by following below steps:
- Visit Google play store.
- Enter the app’s name.
- Click install.
- Launch the app.
With the app on your phone, you can now create an account by providing your personal details. You can borrow an amount ranging between Ksh 500 to Ksh 30,000, depending on your limit. Also, note that there are two repayment plans, which are 91 days and 365days, so choose the one that suits you best.
On the repayment date, use Mpesa to pay back the loan through Opesa’s PayBill number, which is 606280. Ensure the account number is the phone number you used during registration.
Opesa Loan App’s contacts are:
- Email: [email protected]
- Phone number: 0207650999
Tala Loan App
Tala loan app is a lending service that requires zero security, so you do not have to worry about accumulating finances to serve as a guarantee. Being a digital lender, you’ll have to download the app on your phone to get financial assistance.
Visit the Google play store on your phone and click install, and the download will start automatically. Once you have the app on your phone, allow it to access your messages and contacts, as this information is the assurance needed to determine your ability to pay back the loan. Also, give a phone number that is registered for Mpesa services, as it’s through this number that you’ll receive your money. Below are the next steps that you need to follow to apply for a loan with Tala:
- Enter more information such as your name and avoid giving incorrect details.
- Your details will be verified in a few minutes.
- Depending on your characteristics, as a borrower, you’ll see your loan minute on the app, which should be a minimum of Ksh 500 since you’re new to the app.
- Apply for the loan amount you desire, and ensure you add the correct Mpesa phone number.
When repaying your loan, you can use Mpesa by following the steps below:
- Launch your Safaricom toolkit.
- Select Mpesa option.
- Choose Lipa Na Mpesa.
- Click on the PayBill option.
- Enter the business number, 851900 (PayBill Number).
- Add your phone number as the account number.
- Enter the amount you’re repaying.
- Add your pin.
- Complete the transaction by clicking OK.
You can reach out to Tala loan app customer care, using these details:
E-mail: [email protected]