Okash personal Loan : Product Details & How to Apply

Rates available from as of 1st April 2021
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OKash Loan
Easy Apply
Ksh1500 - 500k
21 days
Interest Rate
Total Cost Including Institution's Other Fees
25% - 36% per loan
Typically approved with 24 hours
visit website
Easy Apply

Loan Type

Unsecured Loans

Total Cost Breakdown (Loan Fees):

  • Interest Minimum: 25%, per Loan
  • Interest Maximum: 36%, per Loan
  • Processing fee: None
  • Insurance Fee: None
  • Withdrawal Fee: None
  • Late Fees: 2% Daily
  • Other Fees: None

Disbursement Details:

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

Repayment Details:

  • Repayment Frequency: Bullet
  • Early Repayment: Allowed
  • 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


  • National ID

Representative Example of Loan Costs:

  • Example Loan Amount: ksh10,000
  • Representative Loan Cost: 36%
  • Total Loan Repayment Amount: ksh13,600

How to Apply

Money254 Review


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


  • Very short repayment period of 21 Days
  • Relatively high interest rates of 36%

See more Personal Loans available in Kenya on Money254

From short-term app loans to long-term bank loans, we have aggregated all of the unsecured Personal Loans from Kenya's top financial institutions.

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

Okash is an online micro-lending service in Kenya, owned by Opera Group and operated by TenSpot Kenya Limited. The application is available on Google Play Store with over 1 million downloads and a 4.2 out of 5-star rating.

Who Is Eligible For OKash Loans?

Loan Limits and Interest Rates

How to Register Using the OKash App

How to Apply for Your First OKash Loan

How to Make OKash Loan App Repayments

Fees and Penalties

Privacy and Permissions

OKash Loan App Reviews


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