Zenka Loan App Reviews – A Comprehensive Guide 2023

The Zenka loan app is thought to be one of the best mobile loan apps in Kenya. This is because they don’t have to pay for their first loan.

Because of this, Zenka App is another popular app on the Google Play store that lets you get a loan right away. Reviews, we want to help people understand this app and the measures they should take and cover some interesting questions like, did I mean popular? Sure! What is its popularity? What does it provide?

What is Zenka loan app?

Zenka loan app is a mobile loan application that offers short-term loans to individuals in Kenya. The app is designed to provide quick and hassle-free loans to users without collateral. Zenka loan app is available on Android and iOS platforms, and it has gained popularity as one of Kenya’s most reliable and convenient mobile loan apps. Once users download and register on the app, they can apply for loans ranging from KES 500 to KES 30,000, depending on their creditworthiness. Zenka loan app is owned by Zenka Finance Limited, a financial technology company based in Nairobi, Kenya.

Features of the Zenka loan app 

The Zenka loan app has the following features:

  1. The Zenka loan app uses advanced algorithms to quickly process loan applications and send money to borrowers within minutes.
  2. Users can borrow anywhere from Ksh 500 to Ksh 30,000, depending on how good their credit is.
  3. The Zenka loan app offers loans with competitive interest rates, which makes it a good choice for people who need money.
  4. Borrowers have up to 61 days to pay back their loans, which makes this a good option for people who need money quickly.
  5. People can apply for loans through the app, so they don’t have to go to a bank or fill out long forms.
  6. The Zenka loan app gives you several ways to pay back your loans, such as a mobile money transfer or a bank transfer.
  7. The Zenka loan app has a feature that lets borrowers keep track of and improve their credit scores over time.
  8. The Zenka loan app has a helpful customer service team that helps borrowers with any questions or problems they may have.
  9. The first loan they get is free. (There are no commissions, interest rates, or other extra fees).
  10. The terms of a Zenka loan start at one day, and the minimum loan amount ranges from Ksh 500 to Ksh 20,000.
  11. You can add to the loan you already have. This is possible if you have already paid off a certain percentage of the current loan.
  12. With Zenka, you can change the date your loan is due by 7, 14, or 30 days.
  13. Last, if you haven’t reached your loan limit, you can borrow twice.

The interest rate and fees for a loan

The interest rate and fees for loans through the Zenka loan app can change and depend on the borrower’s credit score and the amount of the loan.

Zenka Loan Requirement

To get a loan through the Zenka loan app, you must meet the following criteria:

  • Be a Kenyan citizen or resident.
  • You must be 18 or older.
  • Have a valid ID card from your country.
  • Have a mobile money account in your name that is up and running.
  • To download and use the Zenka loan app, you need a smartphone that can connect to the internet.
  • Have a history of good credit and a steady source of income.
  • During the loan application process, you should give correct and up-to-date information about yourself and your finances.
  • Agree to the loan’s terms and conditions, such as the interest rate and how long you have to pay it back.

How to take Zenka loan application form online?

Downloading the Zenka loan app is free and easy. Here are the steps to follow:

  1. Go to the Google Play Store on your Android device or the App Store on your iOS device.
  2. Search for “Zenka loan” in the search bar.
  3. Once the app is installed, please open and register by providing your personal and financial details.
  4. After registering, you can apply for a loan from KES 500 to KES 30,000, depending on your creditworthiness.
  5. If your loan is approved, the funds will be disbursed to your mobile money account within minutes.

That’s it! You can now use the Zenka loan app to access quick and hassle-free loans whenever needed.

How to download apk Zenka loan App

To download the Zenka loan app from the Google Play Store, follow these steps:

  1. Open the Google Play Store app on your Android device.
  2. Type “Zenka loan” in the search bar at the top of the screen.
  3. Tap on the Zenka loan app from the search results.
  4. Click on the “Install” button.
  5. Click the “Install” or “Get” depending on your device.
  6. Wait for the app to download and install on your device. Depending on your internet speed, this could take a few seconds or minutes.
  7. Wait for the app to download and install on your device.

How much is Zenka’s first loan limit?

The loan limit for the Zenka loan app varies depending on your creditworthiness, repayment history, and other factors. The loan limit may be lower for first-time borrowers, typically ranging from KES 500 to KES 1,000.

Using the USSD Code

Use the USSD code given by Zenka to get your loan. First, your Safaricom line needs to be active and have enough airtime.

Use Zenka’s USSD code *841# to get to the loan menu, then follow the system’s commands to finish the loan application process.

How do to repay my loan?

For the sake of this post, here’s how to pay back a loan from the Zenka loan app. You can pay back your loan in any of the ways below.

To pay back your loan from Zenka;

  • With the Zenka app for loans
  • Scroll down to the bottom of the page when you open the loan app.
  • When you click the “Reply” button, you can either choose the default loan amount or change it.
  • Lastly, click “Repay now” and follow the instructions for loan repayment to finish your transaction.
  • You’ll get a text message to confirm that you’ve paid back your loan.

Via Zenka USSD code

Here’s what you need to do to pay back your USSD Zenka loan.

  • Dial *841# on your phone and type in your 4-digit PIN.
  • Choose “Repay” to see information about your loan balance.
  • Next, click “Repay total amount,” and then follow the system’s built-in instructions to finish your transaction.
  • Then, you’ll get a text message letting you know that your loan is paid off.

Which are Phone loan apps instead of the Zenka loan app?

There are several mobile loan apps in Kenya that you can use to access quick and hassle-free loans from your phone. Here are some popular loan apps in Kenya:

  1. Tala
  2. Branch
  3. KCB M-Pesa
  4. Fuliza
  5. Okash

Zenka loan app contacts    

Website– https://zenka.co.ke/

Email: [email protected]

Phone: +254 (0) 207650878

Facebook – https://web.facebook.com/zenkakenya/

Address: P.O. Box 29107-00100, 12th floor, Mirage Tower 2, Nairobi, Kenya

What is Zenka Loan over Payment?

When a borrower pays back more than the required amount of their loan, this is called a Zenka Loan OverPayment. This can happen if the borrower makes a payment that is more than the amount still owed on the loan, or if the borrower pays off the loan before it is due. When this happens, the extra money paid is called an “overpayment.”

If you pay more than you owe on your Zenka loan, the extra money will be added to your Zenka account and taken out of your next payment. You can also contact the customer service team for the Zenka loan app to ask for a refund of the extra amount.

What are Zenka’s Late Repayment Penalties?

If you don’t pay back your loan after the agreed-upon time, Zenka will charge you a fee of 1% per day.

What is Zenka Loan Interest Rate?

Interest is a small amount of money that Zenka gets from lending you money, just like many other companies that offer loans. The amount of interest you pay will depend on the interest rate and how long the loan is.

The interest rates on Zenka loans range from 9% to 39%. For example, if you borrow KSh 1,000 and choose to pay it back in 61 days, the interest rate or processing fee will be KSh 290. That means that you owe KSh 1290.

Is zenka loan app – Kenya?

Yes, the Zenka loan app is available in Kenya. It is a loan app for mobile phones that lets Kenyan citizens and residents get loans quickly and easily. With the Zenka loan app, you can apply for a loan of between Ksh 500 and Ksh 30,000 and have up to 30 days to pay it back.

In Kenya, you need an active mobile money account with M-PESA, Airtel Money, or T-Kash to use the Zenka loan app. You also need a smartphone with an internet connection to get the Zenka loan app from the Google Play Store or the Apple App Store and install it on your phone.

What is Zenka Loan Repayment Duration?

Loan terms from Zenka range from 4 to 52 weeks. So, you can pay back the loan in one month, two months, six months, or a year. Loan extensions give you more control over your loan by letting you change the due date by 7, 14, or 30 days if you need more time.

What is Zenka Loan Repayment Date Extension?

As was already said, one good thing about the Zenka Loan app is that you can change when your payments are due. You can change the date you have to pay back the loan and pay different extra fees depending on how long you do it.

A 7-day extension fee is 15%, and 14 days extension (22%) and 30 days extension cost you 29% more.


The Zenka Loan App is useful for anyone needing quick cash in Kenya. Its easy application process and flexible repayment options make it worth considering your borrowing needs. Just remember to use it responsibly and only borrow what you need.

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