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Are you looking for genuine loan apps that are not scams in Kenya? How can you tell if the loan app is genuine? This is how you can get genuine loan apps in Kenya.
Factors To Look For a Genuine loan App in Kenya
2) A lot of Ads in the app
Presence of ads in the loan app is already a red flag for a scam. Apps that contains advertisements in most cases don't give out loans they just want you to view the ads.
3) Amount of loans
Genuine loan apps will always have a very low starting amount usual not more than kes 500. Loan apps that start with bigger amounts of loan offers are likely to be scams. Keep off loan apps that start with high amount like kes 5000.
4) Interest Rates
Genuine loan apps will always charge very low interest rate ,loans apps that charges high interest rates are likely to be scams.
5) Loan Apps not Available on Google Playstore
Genuine loan apps will always be available for download at the Playstore, apps that are only downloaded via links are likely to be scams.
The list of Genuine loans Apps ( Lenders) in Kenya Approved by CBK 2023 include:
1)Anjoy Credit Limited
2. Asante FS East Africa Limited
3. Ceres Tech Limited
4. Colkos Enterprises Limited
5. EDOMX Limited
6. Extend Money Service Limited
7. Fourth Generation Capital Limited
8. Getcash Capital Limited
9. Giando Africa Limited (Trading as Flash Credit Africa)
10. Inventure Mobile Limited (Trading as Tala)
11. Jijenge Credit Limited
12. Jumo Kenya Limited
13. Kweli Smart Solutions Limited
14. Letshego Kenya Ltd.
15. Little Pesa Limited
16. MFS Technologies Limited
17. M-Kopa Loan Kenya Limited
18. Mwanzo Credit Limited
19. Mycredit Limited
20. MyWagepay Limited
21. Natal Tech Company Limited
22. Ngao Credit Limited
24. Pezesha Africa Limited
25. Rewot Ciro Limited
26. Risine Credit Limited
27. Sevi Innovation Limited
28. Sokohela Limited
29. Tenakata Enterprises Limited
30. Umoja Fanisi Limited
31. Zanifu Limited
32. Zenka Digital Limited
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