Tala 21 Days Personal Loan: Product Details & How to Apply

Rates available from as of 1st April 2021
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21 Days Unsecured Loan
Easy Apply
Ksh1k - 30k
21 days
Interest Rate
Total Cost Including Institution's Other Fees
5% - 14% per loan
Typically approved within 24 hours
visit website
Easy Apply

Loan Type

Unsecured Loans

Total Cost Breakdown (Loan Fees):

  • Interest Minimum: 5%
  • Interest Maximum: 14%
  • Processing fee: None
  • Insurance Fee: None
  • Withdrawal Fee: None
  • Late Fees: 8% Flat
  • 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
  • Payment method: M-Pesa

Eligibility Requirements:

  • 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&Cs

Representative Example of Loan Costs:

  • Example Loan Amount: ksh10,000
  • Representative Loan Cost: 14%
  • Total Loan Repayment Amount: ksh11,400

How to Apply

Money254 Review


  • 7 day grace period before late fees are charged
  • App based application with no paperwork
  • Loan Limit grows over time


  • Short Loan tenure
  • Late fees relatively high (8% )
  • Low starting loan limit

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How to Apply for Tala Loan, App, Repayment, Fees & Contacts

Tala is a loan app offered by Tala Mobile. The app is available on Google Play Store, has over 5 million downloads, and has a 4.4 out of 5 star rating.

Anyone with an Android smartphone can apply for a loan and receive an instant decision, regardless of their financial history.

To access a loan, you only need to download the Tala app on your phone, register, and then proceed to submit your loan application.

Who is Eligible for Tala Loans?

Tala Loan Limits and Interest Rate

How to Register Using the Tala Loan App

How to Apply for Your First Tala Loan

How to Make Tala Loan App Repayments

Fees and Penalties

Tala Loan App Privacy and Permissions

Tala Loan App Reviews

Tala Loan App Contacts

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