Compare 9 business loans that offer KES 40,000. Interest rates from 0.75% to 17% p.a.
See exactly how much you'll pay for a KES 40,000 loan
4G Capital
0.75% - 0.9%p.a.
KES 5,000 - 3,000,000
Kenya Women Microfinance Bank
1.5% - 2%p.a.
KES 5,000 - 2,000,000
Watu Credit
2.99% - 4.5%p.a.
KES 40,000 - 350,000
12 - 36 months
Watu Credit
2.99% - 4.5%p.a.
KES 40,000 - 350,000
12 - 36 months
| Interest Rate | 6 Months | 12 Months | 24 Months | 36 Months |
|---|---|---|---|---|
| 12% p.a. | KES 6,902 | KES 3,554 | KES 1,883 | KES 1,329 |
| 15% p.a. | KES 6,961 | KES 3,610 | KES 1,939 | KES 1,387 |
| 18% p.a. | KES 7,021 | KES 3,667 | KES 1,997 | KES 1,446 |
| 21% p.a. | KES 7,081 | KES 3,725 | KES 2,055 | KES 1,507 |
| 24% p.a. | KES 7,141 | KES 3,782 | KES 2,115 | KES 1,569 |
* Estimates based on reducing balance method. Actual EMI may vary based on fees and exact terms.
You can get a KES 40,000 loan from 9+ lenders including 4G Capital, Kenya Women Microfinance Bank, Watu Credit. Interest rates start from 4.6% p.a. Compare all options on PesaMarket to find the best rate for your needs.
For a KES 40,000 loan at 4.6% p.a. over 12 months, you'd pay approximately KES 3,418 per month. Use our EMI calculator for exact figures based on your chosen loan term and interest rate.
Requirements typically include: Kenyan ID/passport, age 18-65, minimum monthly income of KES 12,000 (varies by lender), valid KRA PIN, and good CRB status. For this amount, most loans are unsecured.
Digital lenders like Branch and Tala can approve and disburse within 5 minutes for amounts up to KES 50,000. Bank loans for KES 40,000 typically take 24-48 hours. M-Pesa loans (Fuliza, KCB M-Pesa) are instant but have lower limits.
Most formal lenders check CRB, but some digital lenders like Fuliza and Tala may approve first-time borrowers or those with minor CRB issues. For KES 40,000, we recommend improving your CRB status first for better rates and higher approval chances.
Compare 9 products and find the best rate for your needs. Apply online in minutes.
Lipa Later
3% - 5%p.a.
KES 10,000 - 1,000,000
1 - 12 months
Zanifu
3.5% - 5%p.a.
KES 5,000 - 200,000
1 - 12 months
Kopokopo
5% - 7%p.a.
KES 5,000 - 500,000
1 - 6 months
Mogo Kenya
13% - 17%p.a.
KES 30,000 - 3,000,000
6 - 24 months