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

iPesa Loan – review 2026

3,7 / 5

iPesa is a mobile lending application offering instant loans of between KES 600 and KES 50,000 to Kenyan borrowers based on their M-Pesa transaction history and smartphone data. The app is Android-based and disburses approved loans directly to M-Pesa. iPesa is registered as a digital credit provider under CBK's Digital Credit Providers Regulations 2022.

Pros

  • Loan amounts up to KES 50,000 for qualifying borrowers
  • No guarantor or collateral required
  • Instant M-Pesa disbursement
  • Application takes under 5 minutes
  • CBK-registered digital credit provider

Cons

  • Effective annual rates are high for short-term borrowing
  • Initial loan limits for new users are very low
  • Android-only platform
  • Customer complaints regarding collections have been reported
  • CRB listing on non-repayment

Requirements

  • Kenyan national ID
  • Active M-Pesa account
  • Android device with iPesa app
  • Minimum age of 18 years
  • Regular M-Pesa transaction history

Provider contacts

Name
iPesa Limited
Address
Nairobi, Kenya
Reg. number
CBK/DCRP/2022/015
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.