Best Smartphone loans in Kenya


If you need a smartphone in Kenya and you don’t have money, don’t worry, there are companies offering such phones on loan. You will be given the phone and pay for it in installments. In case you fail to pay, they lock the phone—which you will not use until you resume repaying.

Here is a list of best smartphone loans in Kenya:


Mogo offers a variety of smartphones on loan, where you pay as low as Ksh 550 per week. Application is done online ad approval I within 24 hours.

After getting the smartphone, you’ll be required to repay in 26,39 or 52 weeks.

Mogo will demand a copy of your original ID and Mpesa statement for them to approve your request.

Most of their phones on loan are from Samsung brand.


Watu offers one of the best loans for smartphones. You will be paying weekly for 52 weeks.

Watu Simu finances a select range of Samsung Galaxy smartphones. The devices have a warranty period of 24 months.

To qualify for phone financing, you need to have the following:

  • An original National ID
  • No active loans with Watu
  • Be at least 18 years old
  • An active mobile money transaction line
  • Next of kin contact details (the contact must be available/online for verification)
  • A minimum down payment amount for the selected device

The following phones are available for financing through Watu Simu:

  • Samsung Galaxy A03 Core
  • Samsung Galaxy A03
  • Samsung Galaxy A13
  • Samsung Galaxy A23
  • Samsung Galaxy A33
  • Samsung Galaxy A34
  • Samsung Galaxy A54
  • Samsung Galaxy S23
  • Samsung Galaxy Tab A7
  • Samsung Galaxy Tab A8

For repayment, use the following paybill and account number:

Pay Bill number: 650880

Account number: Borrower’s National ID number.

—–Safaricom Lipa Mdogo Mdogo

Safaricom is another institution that offer phones on loan.

To qualify for this service, you must meet the following criteria:

  1. You must be using a 2G or 3G smartphone
  2. You must not be listed on CRB for pending loans
  3. You must have been a Safaricom customer for 1 year

You give a down payment of some amount based on the type of phone you want then repay the rest for 12 months.

Neon Ray Pro (Ksh. 10,000)Kshs. 50020
Itel A24 (Ksh. 10,000)Kshs. 50020
Spark 7 (Ksh. 18,000)Kshs. 300050
Camon 17 (Ksh. 27,000)Kshs. 500080


Mkopa also offers cheap smartphone loans. They have a variety of smartphones which are targeting specific users. Repayment is weekly after you have received your phone.

Mkopa is arguably the best company for smartphone loans in Kenya. They have Nokia and Samsung phones.


Please enter your comment!
Please enter your name here