Where to get Ksh 50,000 loan in Kenya without security


There are several banks, microfinance, mobile apps that offer Ksh 50,000 loan in Kenya without security. This loan doesn’t require anyone to present a collateral, all you need is either your bank account or smartphone. You also need your phone number and sometimes the National ID.

Below are the companies which offer Ksh 50,000 loan without security in Kenya:


Mshwari offers unsecured loan of Ksh 100 to Ksh 50,000.The loan amount given to you depends on how you pay your loans. Your name should also not be in CRB as a defaulter.


Okash gives a loan of Ksh 1500 to Ksh 500,000.You only need a smartphone to get the loan.


Timiza loan amount range between Ksh 1,000 and Ksh 150,000.You will get the loan without security.


—-Hustler Fund

Hustler Fund is owned by the government. It gives loans ranging between Ksh 500 and Ksh 50,000.The loan amount grows as long as you repay in time.

Vooma gives a loan from Ksh 1,000 to Ksh 300,000.

—–National Bank

Unsecured Loan

Rates and fees

  • Loan amount – minimum of KSh 50,000 and maximum of KSh 6,000,000
  • Interest Rate – CBR + Bank Margin % p.a reducing balance.
  • Tenure – minimum of 6 months and a maximum  of 84 months
  • Negotiation fees – 2% for new loans and buy offs; 1.5% for top-ups

Internal costs

  • Appraisal fees

External costs

  • Excise duty
  • Risk margin (insurance against retrenchment and death)

If you have account with National Bank,apply for the insecure loan and get up to Ksh 6,000,000.You will repay for up to 84 months.

—–Amref Sacco

Emergency Loan

• Maximum amount: 3.5 times member’s deposits.
• Maximum repayment period – 12 months.
• Interest charged- 1% p.m. on a reducing balance.
• Loans security accepted – guarantors.
• Loans of KSh 50,000 and less – Granted without supporting document.
• Loans exceeding KSh 50,000 – Applicant will be required to provide proof of the emergency.
• Loan amounts of KSh 150,000 and below are disbursed through M-Pesa.

External Lumpsum Deposits Waiting Periods

A member who wishes to top up a lump sum amount to their member deposits  account with the intention of borrowing a loan will be subject to the following waiting periods:

500,000 and belowZero waiting period
500,001 to 2 Million30 days
Above 2 Million60 days

—–KCB Bank

Unsecured Loan

You will get a loan of up to Ksh 8 million. Repayment period is up to 96 months.The bank gives a loan of as little as Ksh 20,000.

Requirements for the loan

  • Valid Kenyan ID or passport
  • Latest Original Pay slips
  • Proof of source of income for self-employed individuals
  • Active KCB account holder for a minimum of 6 months


Tala is a mobile App that gives quick loans without security. Their maximum loan amount is Ksh 50,000.

 Interest is as low as 0.3% per day.

—-Cooperative Bank

Personal Loan


  • Minimum loan amount of Ksh 50,000
  • Maximum loan amount of Ksh 8,000,000
  • Maximum term of up to 96 months
  • Purposes to be covered include education, medical, furniture, consumer durables, motor vehicles, plot purchase, holidays and shares
  • Applications to be appraised using credit scoring
  • Applications appraised within 48 hours


  • Employed individuals or individuals with a regular income
  • Original National Identity Card and a copy
  • No specific minimum net salary is required
  • Salary pay slips for the last 3 months
  • Filled in loan application form

—–Bank of Africa

Personal Loan

These are personal loans ranging from amounts of Ksh 50,000 to Ksh 2,000,000 extended to salaried individuals withh minimum net salaried of Ksh 25,000.


  • Any salaried individual who has been in continous employment for over 6 months
  • Minimum net qualifying salary of Ksh 25,000
  • Maximum qualifying age is 55 years
  • Processing fee of 3%
  • Clean Credit Reference Bureau report


  • Competitive interest rates
  • Flexible interest installment matched to your income
  • Maximum loan amount Ksh 2,000,000
  • Minimum loan amount Ksh 50,000
  • Quick processing & disbursement within 1 week


  • The loan duration is a minimum of 12 months to a maximum of 48 months
  • Response time in 48 hours
  • Maximum amount of the loan is Ksh 2,000,000 and a minimum of Ksh 50,000


  • Submission of duly completed Bank of Africa Personal Loan application form
  • Letter of undertaking from employer confirming employment and that salary shall be sent directly to the applicant’s Bank of Africa account
  • Copy of a valid ID
  • Copy of PIN certificate
  • The originals of the preceding 3 months’ payslips
  • For non-BOA customers, certified copies of bank statements for the preceding 6 months

—-Equity Bank

Eazzy loan

Great features

Ideal for individuals with an income:

  1. Loan amounts range between KSh 1,000 and KSh 3,000,000
  2. Loans are available for both one month and multiple monthly Instalments
  3. Funds from the facility are instantly available into your account
  4. Customer is pre-scored and given a loan limit based on ability to repay.

What you require to sign up

  1. To qualify for this loan you must have an active Equity bank account for the previous 6 months.
  2. An active Equitel Line or EazzyApp.
  3. Channel your income through the account e.g. salary, farm proceeds, business income etc. so as to establish a good credit limit


Please enter your comment!
Please enter your name here