Haraka Loan – review 2026

3,8 / 5

Haraka is a Nairobi-based mobile lending app offering instant unsecured loans of up to KES 20,000 to Kenyan borrowers. Credit assessment is based on smartphone data and M-Pesa transaction history. Haraka is registered as a digital credit provider under CBK regulations governing digital lenders in Kenya.

Pros

Quick application process taking under 5 minutes
No paperwork or branch visit required
Available to first-time borrowers with limited credit history
Instant M-Pesa disbursement
Loan limit increases with positive repayment record

Cons

Maximum loan of KES 20,000 limits usefulness for larger needs
Interest fees are high on an annualised basis
New borrowers receive very small initial limits
Limited customer support options
CRB listing on default

Requirements

Kenyan national ID
Active M-Pesa account
Android smartphone with Haraka app installed
Minimum age of 18 years
Active mobile number

Company information

Name: Four Innovation Hub Limited (trading as Haraka)
Address: Nairobi, Kenya
Web: https://getharaka.com

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.