zenka loan 2022

Zenka Loan App – Limit, Online Application Form 2023, Download Now

Everything you need to know about the Zenka Loan application is right here. Zenka has made the process of avail of loans in Kenya very easy. One can easily submit a loan application thanks to the Zenka loan mobile app. You can use a simple phone to use Zenka USSD and even offer the loan application via SMS.

Through this article, we are trying to cover all details of the Zenka Loan. Suppose you are willing to apply for a loan in Kenya. you can’t miss Zenka. Let’s get started.

Zenka Loan

zenka loan 2022

Zenka Loan platform is a trustworthy and popular mortgage platform in Kenya. With multiple awards and over 5 Million app downloads (on the google play store), the mobile application is undoubtedly popular among users.

Zenka allows Kenyans to apply for loans through the M-Pesa bank account. The platform will enable them to borrow money without leaving their home. Zenka has made it easy for people to obtain a personal loan by providing a streamlined application process. Getting the money directly into their bank account is as easy as completing a quick online registration. After determining that the loan application was approved, the funds will be transferred to the M-Pesa account.

Zenka Loan Limit

Before you fill in the Zenka loan application form, let’s clear your doubts regarding the loan limits.

The loan limit is between KSh 500 to KSh 30,000.

So, depending on your eligibility, you will be awarded a loan within the above-mentioned limit.

Eligibility Criteria

Anybody can apply for a loan, but if the loan is granted or not and how much loan limit is provided depends on Zenka’s internal system.

While you apply for a Zenka loan, you need to provide some details, using which the system tries to evaluate the eligibility and come up with a loan limit for the applicant.

If the loan limit is zero, the applicant is not eligible for a loan.

Please understand that deciding whether or not to grant a loan to anyone based on the conditions of his or his application depends upon several factors. This includes what kind of credit history/borrowing capacity has been maintained(how much money has been borrowed or repaid) and how long a person has borrowed money from other people.

DO READ > Top 20 Loan Apps in Kenya


  1. Valid National ID
  2. Registered Safaricom Line to get Loan amounts into the Mpesa account
  3. Smartphone
  4. Uninterrupted Internet connection

Download Zenka Loan App

To simplify the process, Zenka came up with a Mobile application. Currently, the Zenka mobile app has over a million downloads.

If you want a loan from Zenka, you should download the mobile application. Follow these steps to download the Zenka app:

  • Visit the Google Play Store
  • Search for “Zenka Loan App”
  • Click on the First Result
  • Click on “Install” to start downloading and installation
  • If you are unable to find the app for some reason, Use this direct link

Zenka Loan Online Application Form

To avail loan from Zenka, there are more than one method. You can download the app and apply there. Sadly, traditional methods like USSD code and SMS are not applicable now (more details below).

All Interested people are advised to go through the article to understand the application process.

Zenka USSD

People get excited reading about Zenka’s USSD Loans service on third-party portals. The Zenka USSD used to work in the past, but now the company only entertain requests from the mobile app.

The company recently confirmed this.

zenka loan ussd sms

Many users have also recently reported that their Zenka loan application via USSD is not going through. So, it’s better that you don’t apply via USSD number *841#. You should get the Zenka app and submit your application there for a seamless experience.

Zenka Loan Through SMS?

Many people have asked how I get a Zenka loan through SMS. Let’s dig deeper.

Many customers using simple (non-android) phones earlier had the facility to use the USSD code and get loans via SMS. However, as mentioned above, the company has shifted to app-based loan processing, and new applications are not being entertained via USSD or SMS. So, please don’t waste your time finding a Zenka loan number or other information like that.

Zenka Loan Interest Rates Fees & Other Charges

Although the repayment tenure is the choice of the customer, let’s understand the fees and other charges i

  • The loan from Zenka can be availed easily from the app
  • The interest fees for the loan would be 9 to 39%
  • Processing fees range from Ksh 45 to Ksh 5,800
  • The loan limit is Ksh 500 to Ksh 30,000

Let’s understand this scenario by an example:

If a person takes a loan of Ksh 10,000 from Zenka for 61 days, the interest fee would be Ksh 2900. Hence, the total payable amount would be Ksh 12,900. A one-time processing fee will also be charged

The interest rate depends on the loan tenure. The lesser the loan tenure, the lesser will be the interest rate and vice versa.

Zenka Terms and Conditions

Detailed terms and conditions can be accessed here, however here are the most important points:

  • Zenka charges an interest fee of 9-39% of the loan.
  • There are no set dates for customers to repay their funds; any money they have paid towards their account is theirs to keep.

Other Popular Loan Apps

  1. Cashnow Loan App
  2. Cash Sea loan App
  3. iPesa App
  4. Branch Loan App
  5. Direct Cash Loan App
  6. Saida Loan App

How to Repay Zenka Loan – Paybill Number/M-Pesa

61 days is the deadline for paying back the money that Zenka has lent to them. Normally, this is done in two instalments. The loan is paid in two instalments. The initial instalment is to be refunded in full after one month, after 30 days. The first payment is due after 30 days. The last payment is due on or near the 61st day of the repayment period.

Loan Repayment using App

  • Open the Mobile App
  • Sign in by entering the 4 Digit code
  • Use the “Repay Now” option
  • Mpesa screen will open up
  • Enter the mpesa pin and your payment will be confirmed
  • You will also get a confirmation SMS

Zenka Paybill Number

You can also use the Zenka mpesa paybill number for repayment. The paybill number is 979988.

Zenka App Awards

✓ Most Preferred Mobile Loan App in 2020

✓ Outstanding Mobile Loans App of the Year 2020 Award

✓ Most preferred non-banking loan platform in 2019

✓ Most Promising Mobile Loans Platform in 2019

✓ Fastest growing mobile app in 2019

Zenka Contacts:

Official Websitehttps://zenka.co.ke/
Terms and ConditionsRead Now
Download Apphttps://play.google.com/store/apps/details?id=com.zenkafinance.microloans
Other Loan StuffExplore Here


What are the key requirements for registering on the Zenka platform?

In order to get registered, you need to provide your Name and National ID. Also make sure you have a working safaricom line to get funds transferred easily.

How do registered users apply for a Zenka loan?

Simply login into the app and start the loan application. Provide information like the required amount and term. Just follow through with the process and the system will evaluate your eligibility & grant or deny the loan.

How to increase the Zenka loan limit?

Timely repayment of your loans is the key factor when It comes to increasing the loan limit. Make sure you have repaid in time. Then you may contact the Zenka helpline and request for an increase in the limit.
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