MoKash Personal Loan: Product Details & How to Apply

Rates available from as of 1st April 2021
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MoKash Loan
Easy Apply
Ksh1k - 30k
14 days
Interest Rate
0% per loan
Total Cost Including Institution's Other Fees
26% per loan
Typically approved within 24 hours
visit website
Easy Apply

Loan Type

Unsecured Loans

Total Cost Breakdown (Loan Fees):

  • Interest Minimum: 0%
  • Interest Maximum: 0%
  • Processing fee: 26%
  • Insurance Fee: None
  • Withdrawal Fee: None
  • Late Fees: None
  • Other Fees: None

Disbursement Details:

  • Institution Type: Digital Credit
  • Application Method: App Based
  • Disbursement Method: M-Pesa

Repayment Details:

  • Repayment Frequency: Bullet Payment
  • Early Repayment: Not encouraged
  • Repayment Method: M-Pesa

Eligibility Requirement:

  • Smartphone: Required
  • CRB: Must be in good standing
  • Income: No Minimum
  • Employment: Not Required
  • Network: M-Pesa customer
  • History: Not required
  • Documents: National ID
  • T&C Links

Representative Example of Loan Costs:

  • Example Loan Amount: ksh10,000
  • Representative Loan Cost: 26%
  • Total Loan Repayment Amount: ksh12,600

How to Apply

Money254 Review


  • Loan limit grows with time
  • Formal employment not required.


  • Very short repayment period of 14 Days
  • Relatively high interest rates of 26%

See more Personal Loans available in Kenya on Money254

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How to Apply for MoKash Loan, App, Repayment, Fees, Contacts

MoKash is a mobile money lender by MOCASH that provides fast access to credit via an android mobile app in Kenya.

MoKash app has over 500K downloads and a 3.2-star rating on Google Play Store.

Who Is Eligible For MoKash Loans?

Loan Limits and Interest Rates

How to Register Using the MoKash App

How to Apply for Your First MoKash Loan

How to Make MoKash Loan App Repayments

Fees and Penalties

Privacy and Permissions

MoKash Loan App Reviews


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