![](https://siliconafrica.org/wp-content/uploads/2023/11/article-thumb-23.webp)
Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Let’s admit it, the Zenka loan app is one of the best mobile loan apps in Kenya. This mobile loan app has been around for some time and has garnered accolades of different kinds.
Becoming broke is frustrating enough, but going through a truckload of formalities when trying to seek some financial help is depressing. Many times, borrowers end up getting disqualified because of their inability to meet certain eligibility criteria.
That is when the Zenka Loan app comes in to save the day. With minimal requirements and swift loan processing, Zenka ensures borrowers are able to access a loan within the timeframe of their needs.
We will explore the Zenka Loan limit, interest rate, and other useful information about the Zenka Loan platform in this piece; keep up while we delve into the topic in detail.
The Zenka Loan app is one of the best mobile loan apps in Kenya, and that is because of the unparalleled services it offers. It has won many awards over the years for its services. But what’s the mission of this mobile loan app? What is its driving force? What motivates Zenka? Let’ examine the statement released on its official website:
At Zenka Digital Limited, we believe in people and their potential. We also know that every potential, every spark must sometimes be fed with instant cash so that ideas and needs can be met. That is why we provide financial tools that break the rigid structure of banks and bureaucracy. With us, the decision to grant a loan and support your plans takes place instantly.
At Zenka Digital Limited, we’re completing all your financial operations with your phone. Thanks to this, you have access to our services anytime and anywhere.
Forget about bank queues and prolonged credit evaluations. At Zenka Digital Limited, you are always the first in line.
We are focused on making your dreams come true.
We dream about a world in which people can grow, both in their personal and professional lives. Our mission is to introduce balance and harmony in the financial world of every Customer by providing smart financial products to people who need them. Right here and right now.
Easy access to financial services eradicates social differences and offers more business opportunities. We give a helping hand to people from all social layers to stimulate their progress. This approach results in the continuous development of their country and the entire world.
With a statement like the one made above, it becomes very obvious why the Zenka Loan app has offered nothing but quality services that are human-centric over the years. The best part of it is that even a first time borrower who downloads the mobile app can get a loan if they meet the requirements.
Also read: 2024 KRA PIN Checker: Obtaining, Verifying, Retrieving and More
Every mobile loan app has some caveats that guide its loan disbursement; otherwise, the loan becomes abused. In this section, we will talk about the Zenka Loan app requirements and eligibility criteria.
To ensure inclusivity and democratization, Zenka Loan has provided users with options to apply for its loan. You can either apply through the Zenka mobile app, or through an SMS. Let’s examine the two methods of application in the next sections.
Also read: 2024 KRA PIN Checker: Obtaining, Verifying, Retrieving and More
The Zenka Loan app is one of the most popular loan apps in Kenya. As of the time of curating this piece, it has over 121K reviews and 5M+ downloads on the Google Play Store. One of the features users find admirable is the appealing User Interface (UI) of the app.
The app has a UI that makes its services easy to access, and this has consequently contributed to a positive User Experience (UX).
Moreover, it’s products can be accessed intuitively, thanks to a great UI/UX. You do not also need a lot of data to download the app, as its size is minimal. The app is available for download on the Google Play Store and Apple Store, which means it is accessible to Android and iPhone users.
In the next section, we will examine the steps to follow to apply for the Zenka loan through its mobile app.
You need to have downloaded the app before initiating the process that you will discover in this section. If you have yet to download the app, navigate to the respective app store on your device and search for “Zenka Loan app” to download.
To be able to apply for a loan, you need to have an account registered with Zenka. Once you have downloaded and installed the mobile app, follow these steps to apply for a loan:
At this stage, your loan application will undergo a review, and if you meet the criteria, you will be granted the loan. The funds will be disbursed to your bank account or M-PESA in a short time.
To cater to a wider audience, Zenka designed its system in such a way that it will serve many people, regardless of the devices they use. If, for some reason, you could not use the mobile app option, this section is for you.
We will explore how to use the SMS/USSD option to apply for a Zenka loan. No internet connection is needed for this option; it only requires strong GSM connectivity. Follow the steps below to utilize the USSD option:
After following the steps above, wait for a confirmation message. You will either get an approval or a rejection message. The loan will be disbursed to your bank account or M-PESA if your application is approved.
Also read: African Invention: Kenya’s Manufactured 3D Printing Technology Shocks the World
The Zenka loan limit is contingent upon many things, including the kind of user. Also, it depends on the method of loan application. Those who apply via USSD can only get a Zenka Loan limit in the range of Ksh 500–Ksh 10,000. On the other hand, those who apply through the mobile app can get a Zenka Loan limit up to Ksh 30,000.
Moreover, eligibility plays a crucial role in determining these values for users. However, the general Zenka Loan limit, that is, the minimum and maximum loan amount one can borrow from Zenka, is in the range of KSH 500-KSH 30, 000.
Bigger responsibilities require bigger funds. Follow the steps below to increase your Zenka Loan limit:
The Zenka loan tenor is 61 days, and users can pay by using the platforms below:
Find out some interesting facts about the Zenka Loan mobile lending platform here:
Here are platforms through which you can contact Zenka Loan:
Mirage Tower 2, 12th floor,
P.O. BOX 29107-00100
Nairobi
Kenya
Kindly drop a comment if you found this piece useful. For access to other useful pieces of information, follow us on X or Twitter, @SilicoAfriTech.