LendPlus Loan Kenya 2026: Rates, Limits & How to Apply
LendPlus is a digital lending app operated by Aventus Technology Limited, a Lithuanian-owned fintech registered in Kenya. It's one of the CBK-licensed digital credit providers, which puts it in the legitimate category alongside Tala, Branch, and Zenka. The app has over 500,000 downloads on Google Play with a 4.1-star rating.
The headline feature: your first LendPlus loan is interest-free if you repay within 5 days. No other major Kenyan loan app offers that. But after the promo, the 2% daily interest rate is among the highest in the market. Here's the full breakdown.
What is LendPlus?
LendPlus is a mobile-only lending platform that disburses loans directly to M-Pesa. It launched in Kenya in 2020 and is operated by Aventus Technology Limited (company registration PVT-GYUKVZZ). The parent company, Aventus Group based in Lithuania, also operates lending platforms in other markets.
LendPlus is licensed by the Central Bank of Kenya as a digital credit provider, meaning it must comply with CBK regulations on interest rate disclosure, data privacy, and debt collection practices.
LendPlus Interest Rates and Fees (2026)
LendPlus charges 2% per day on the loan amount. There are no processing fees, insurance fees, or hidden charges â the daily interest is the total cost.
| Loan Amount | Duration | Interest Cost | Total Repayment |
| KES 1,000 | 5 days (first loan) | KES 0 | KES 1,000 |
| KES 5,000 | 10 days | KES 1,000 | KES 6,000 |
| KES 10,000 | 20 days | KES 4,000 | KES 14,000 |
| KES 20,000 | 30 days | KES 12,000 | KES 32,000 |
| KES 30,000 | 30 days | KES 18,000 | KES 48,000 |
The math is straightforward: loan amount x 2% x number of days. A KES 10,000 loan for 20 days costs KES 4,000 in interest â that's 40% of the principal. For comparison, Tala charges about 15% per month, and Zenka charges 14-29% for 2-6 months.
The interest-free first loan is real â but only if you repay within 5 days. If you miss the 5-day window, interest applies retroactively for the full duration.
LendPlus Loan Limits
- First-time users: KES 500 to KES 1,000
- After 2-3 successful repayments: Up to KES 5,000
- Regular borrowers: Up to KES 15,000-30,000
- Maximum: KES 30,000
Your limit increases based on repayment history, M-Pesa transaction patterns, and how long you've used the app. Most users report reaching the KES 30,000 maximum after 3-6 months of consistent borrowing and on-time repayment.
How to Apply for a LendPlus Loan
Requirements
- Age: 21-60 years
- ID: Kenyan National ID
- Phone: Android or iOS smartphone
- M-Pesa: Active, registered M-Pesa account
- Not eligible: Military, police, and security sector workers
Step-by-Step Application
- Download the LendPlus app from Google Play or App Store
- Register with your phone number and National ID
- Grant permissions â the app analyzes M-Pesa history, SMS, and location data
- Select loan amount and repayment period
- Submit application â approval is typically instant
- Receive funds to M-Pesa within 5-15 minutes
How to Log In to LendPlus
Open the LendPlus app and enter your registered phone number. You'll receive an OTP (one-time password) via SMS. Enter the code to access your account. If you've forgotten your credentials or changed your phone number, contact LendPlus support through the app or at support@lendplus.ke.
How to Download the LendPlus App
The LendPlus app is available for free on:
- Android: Search "LendPlus" on Google Play Store, or use package ID `ke.lendplus.mobile`
- iOS: Search "LendPlus" on the Apple App Store
The app requires Android 5.0+ or iOS 13+.
How to Increase Your LendPlus Limit
- Repay on time â the single most important factor
- Repay early â paying before the due date signals low risk
- Borrow regularly â consistent usage builds your profile
- Keep your M-Pesa active â regular transactions improve your score
- Don't default on other loans â LendPlus checks CRB
Pros and Cons
Pros
- Interest-free first loan (5-day repayment)
- Fast disbursement to M-Pesa (5-15 minutes)
- Available on both Android and iOS
- No processing fees or hidden charges
- CBK-licensed and regulated
- Simple registration with just ID and M-Pesa
Cons
- 2% daily interest is very expensive for longer loans
- Maximum KES 30,000 (lower than Tala, Zenka, Branch)
- Short repayment period (5-30 days only)
- Very small starting limits (KES 500-1,000)
- CRB negative listing for defaults
- Collects SMS and location data
LendPlus vs Tala vs Zenka vs Branch
| Loan Range | KES 500-30K | KES 500-50K | KES 500-100K | KES 250-70K |
| Interest | 2% daily | ~15%/month | 14-29% total | ~16-29%/year |
| Repayment | 5-30 days | 21-30 days | 61-180 days | 4-68 weeks |
| First Loan Perk | Interest-free 5 days | None | None | None |
| Platforms | Android + iOS | Android only | Android + iOS | Android only |
| CBK Licensed | Yes | Yes | Yes | Yes (MFB) |
| Best For | Very short loans | Building credit | Larger amounts | Longer terms |
Bottom line: LendPlus wins for loans you can repay in under a week. For anything longer, Tala or Zenka will cost you less.
Frequently Asked Questions
What is the maximum LendPlus loan limit?
The maximum loan limit is KES 30,000. New users start at KES 500-1,000 and increase their limit through on-time repayments.
Is LendPlus licensed by CBK?
Yes. LendPlus is operated by Aventus Technology Limited, which holds a CBK digital credit provider license.
Can I get a LendPlus loan with bad CRB?
LendPlus uses alternative data (M-Pesa history, phone data) in addition to CRB checks. A negative CRB listing reduces your chances but doesn't guarantee rejection â your M-Pesa history may compensate.
How do I repay a LendPlus loan?
Pay via M-Pesa Paybill number 4073865 or through the in-app payment option. Use your loan reference number as the account number.
What happens if I don't repay LendPlus on time?
Interest continues accruing at 2% per day on the overdue balance. After extended default, LendPlus reports to CRB, which affects your ability to borrow from any lender in Kenya.