Reviews
Mobile & App Loans Updated: 14. 04. 2026

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

Provider contacts

Name
Four Innovation Hub Limited (trading as Haraka)
Address
Nairobi, Kenya
Reg. number
CBK/DCRP/2022/010
Website
Regulator
Central Bank of Kenya (CBK)

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.