FinanceHero / Kenya / Loans
Compare loan amounts, repayment periods and published costs. Your individual offer determines what you pay.
Personal loans
| Loan | Amount | Term | Stated interest / APR | Fees / insurance | Requirements | Key caveat |
|---|---|---|---|---|---|---|
Absa Bank KenyaPersonal Loan | Minimum: Not available Maximum: KES 6,000,000 | Up to 96 months, subject to approval. | Not available APR: Not available | Processing: Not available Insurance: Not verified Other: Not available | No collateral required. | Interest, mandatory fees and total borrowing cost not established. Obtain a personal quote; maximum is not guaranteed. |
Checked: 7 Oct 2026 · Sources: absabank.co.ke
Salary loans
| Loan | Amount | Term | Stated interest / APR | Fees / insurance | Requirements | Key caveat |
|---|---|---|---|---|---|---|
Co-operative Bank of KenyaCo-op Bank App Salary Loan | Minimum: KES 1,000 Maximum: KES 500,000 | 1, 2 or 3 months; confirm salary-linked due dates in your offer. | Not available APR: Not available | Processing: Appraisal: 8% for 1 month; 10% for 2 months; 12% for 3 months. Product page says deducted upfront. Insurance: 0.034% per month of loan amount, deducted upfront. Other: 20% excise on appraisal fee. | Salary through a Co-op account; Hekima excluded. | Upfront fees reduce cash received. These percentages are not APR; confirm net payout and salary-linked repayment dates. |
Checked: 7 Oct 2026 · Sources: co-opbank.co.ke
Digital loans
| Loan | Amount | Term | Stated interest / APR | Fees / insurance | Requirements | Key caveat |
|---|---|---|---|---|---|---|
Tala - InVenture Mobile LimitedTala Line of Credit | Minimum: Not available Maximum: KES 50,000 | Choose repayment within 61 days; individual cover page controls final due date. | 0.3%-0.6% per day, risk-based; individual offer sets rate. APR: 109.5%-219% APR published by provider; not independently calculated. | Processing: Not available Insurance: Not available Other: Provider says no excise on interest/late interest from 27 December 2024; other offer expenses not established. | 18 or older; identity and credit checks. | Daily interest accumulates until repayment. Published APR range is not a personal quote; late charge may apply. Digital credit provider.Late payment: One-time 8% of remaining balance after 61-day maximum due date. |
Checked: 7 Oct 2026 · Sources: tala.co.ke
Fees may exclude statutory charges.