Safaricom company has been partnering with other companies including banks to give Kenyans loans and credit such as Mshwari loans, KCB MPESA loans ,Fuliza among other facilities. Recently Safaricom partnered with Stanbic Bank to offer M-jeki loans to Safaricom Dealers and Agents to boost their working capital.

Image Credit: Stanbic bank

What is M-jeki loan? 

M-jeki is a mobile phone automated  loan provided by Stanbic Bank in partnership with Safaricom Mpesa available to Safaricom Dealers and Agents .

M-jeki loans can be accessed via mobile phone Short code *258# or through *234#. You don't have to visit the bank for you to apply for the loan.

How To Register/Apply for M-jeki loans

On your phone ,Dial *258# ,follow the prompts to register and be given a login credentials.

Dial *258# 


Go to loans 

Choose the type of loan ( Float, Airtime or Divices)

Enter amount to borrow ,accept terms and send

You will receive a confirmation message about the loan 

Alternatively, you can access M-jeki loans through:

Dialling * 234#

Select 3.Mpesa Agent Services

Select 7.Business Finance 

Choose 2 .M-jeki and provide the details required to apply for the loans.

M-jeki loan Interest Rates ,fees and Charges 

M-jeki loans have the following interest rates and fees: 

1) M-jeki float loans are charged at an interest of 0.245 % per week

2) M-jeki Airtime loan are charged at 0.245% per week 

3) M-jeki Devices loans are charged at 1.05% per month

Check also New Hot Loan Apps in Kenya 2022

Credit Hela app

Loanpesa app 

CreditMoja app 

Apesa app

DirectCash app

Asapkash app

How To Repay M-jeki loans loans 

M-jeki loans are paid after a minimum period of 7days.

M-jeki loans customers can contact customer care for proper guidance on how to repay the loan or visit your nearest Stanbic Bank for confirmation.

How To Contact M-jeki loans Customer Care 

Contact M-jeki loans customer service through Stanbic Bank care through:

+254 20 3268449/ 0711068449


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