Zenka is one of the most flexible personal loan platforms on the market, with unique features that give Kenyans more control over their finances. We offer a simple registration and application process. After a positive approval decision, the customer will receive the loan directly into their M-Pesa account.

Customers can take out their first loan for a fixed term of 61 days.

- 61-day loan payment term includes a one-time interest fee of 9-30% (risk-based pricing)
- Interest Fee: 45 to 870 KES per one time fee.
- Loan amount: from 500 to 30,000 KES
- Minimum repayment period: 61 days
- Maximum repayment term: 180 days
- Minimum annual interest rate: 70.7%
- Maximum annual interest rate: 224.89%

How does it work?

1. Downloading the Zenka application

2. Filling out a short questionnaire

3. Receiving funds to an M-Pesa account

4. Need additional financing? The customer can take advantage of our flexible top-up feature, which allows you to top up your existing loan with additional cash up to your current credit limit.

5. Need more time to repay? Extending a loan gives the customer more control over the loan by allowing them to postpone the repayment period by 7, 14 or 30 days.

Zenka's typical customers are educated males aged 25-45 who run their own business or work in the public/private sectors and reside in Nairobi, Kenya.

GEO: Kenya

PDL-Profit