Zenka Loan App - up to KSh100k 2.3.0+fe671539.381

Zenka is a highly flexible personal loan platform that offers Kenyans greater control over their finances with its unique features. The registration and application process is simple and straightforward. Once your loan is approved, you will receive the funds directly into your M-Pesa account.

With Zenka, you can have money in your account in as little as 5 minutes!

Loan Terms:

• Customers can apply for a first loan with a fixed term of 61 days.
• 61-day loan payment terms have a one-time interest fee of 9-30% (risk-based pricing).
• Interest fees range from KSh 45 - KSh 870 for a one-time charge.
• Loan amounts range from KSh 500 to KSh 30,000.
• Minimum repayment period: 61 days.
• Maximum repayment period: 180 days.
• Minimum Annual Percentage Rate: 70.7%.
• Maximum Annual Percentage Rate: 224.89%.
• Growing with Zenka and making on-time repayments allows you to increase your credit limit up to KSh 30,000.

A representative example for a first loan with a term of 61 days:

• Annual Percentage Rate (APR): 179.51%
• Total loan amount: KSh 1,000
• Interest fee: KSh 300
• Total amount repayable: Ksh 1,300
• Total cost of the loan: KSh 300
• Loan agreement concluded for 61 days

The granting of the loan depends on the assessment of credit risk.

Customers also have the option to extend their loan repayment period for up to 12 months (ZenkaFlexi option).

If you have any questions, please visit our FAQs on our website: www.zenka.co.ke.

If you're ready to get started, download the Zenka app and apply for a loan today.

Privacy and permissions: When you download the Zenka app, we will request your permission to scan your M-Pesa SMS and other information in order to verify your identity, creditworthiness, and provide you with one of the fastest loans in Kenya. We take privacy seriously, and your personal information will never be shared without your direct permission.

How does it work?

1. Download the Zenka app from the Google Play Store.
2. Fill out the short application form after downloading the app and choose the desired loan amount.
3. Once you submit your application, it will be evaluated, and if approved, the funds will be sent directly to your M-Pesa account.
4. If you need additional financing, you can use our flexible additional amount feature to top up your existing loan within your current credit limit.
5. If you need more time to repay, our loan extensions allow you to postpone your due date by 7, 14, or 30 days.
6. Repaying your loan on time not only helps you build a positive credit history but also increases your credit limit for future applications.

What sets us apart?

• If you need additional financing, our top-up feature makes it easy to access more funds with just a few clicks.
• If you require more time to repay, our loan extensions give you control and flexibility over your loan.
• With our instant personal loans, you can achieve financial harmony by fulfilling your ideas and needs.

Zenka Finance Limited, located in Nairobi, is the lender and data controller for your personal information. For more details on how your data is processed and your rights, please refer to our Privacy Policy.

Contact information:

• Call center: +254 020 765 0878
• Email: [email protected]

Zenka Digital Limited
Mirage Tower 2, 12th floor,
P.O. BOX 29107-00100
Nairobi, Kenya