KCB M-PESA Loan
App loan
A short loan from KCB Bank, sent to your M-PESA. You can borrow from KES 100 and pay it back within a month.
Hear when this changes
If you borrow KES 5,000 for 30 days
- You receive
- KES 4,554
- It costs you
- KES 447
- You repay
- KES 5,000
119% a year
Worked out from the charges above. Lenders quote these in days and weeks, where a fee looks small; this is the same price said in the units a bank or a SACCO would use, so you can compare them.
- · Based on borrowing KES 5,000 for 30 days.
- · KES 447 is taken before the money reaches you, so the rate is worked out on what you actually receive.
- · The yearly rate is the cost scaled to a year, not compounded. Rolling the loan over repeatedly costs more than this.
- · This assumes you repay on time. Late fees are extra and are listed above.
- · Worked out from the company's own published figures.
The details that matter for this kind of plan
- What you can borrow
- KES 100 to KES 1,000,000
- Total charge
- 8.93% of the loan, once
- Who lends it
- KCB Bank, through M-PESA
What does it cost you?
| Fee for arranging the loanthe loan | 8.93% |
|---|
What if you stop paying?
The debt stands. KCB can charge you more and report you to a credit bureau. That makes the next loan harder to get.
What if you need the money early?
You can pay it back sooner. The fee is taken when the money is sent, so paying early gives none of it back.
Who this suits
You need a small sum quickly and can pay it back within the month.
You need to borrow for longer. The fee is for one month and it repeats each time you borrow again.
What they tell you
- Are all their charges published?Yes, every charge they mention has a figure against it.
Talk to them
- Website: ke.kcbgroup.com
Compared with the others
There are 3 other plans of this kind on the board. See all 4 side by side — what each one leaves you with, and which of them will not say.
Where we got this
- Safaricom: KCB M-PESA — saving and borrowing terms, limits and feesthe company itselfRead on 2026-08-28