⥠Best Fast Loans for KES 20,000
Compare 20 fast loans that offer KES 20,000. Interest rates from 0.03% to 25% p.a.
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Fast Loans Offering KES 20,000
Chapeo Cash Loan
Chapeo
0.03% - 0.06%p.a.
KES 1,000 - 100,000
91 - 121 days
MCo-op Cash Mobile Loan
Co-operative Bank of Kenya
4% - 9%p.a.
KES 50 - 500,000
1 - 12 months
Zenka Personal Loan
Zenka Finance
4.5% - 9%p.a.
KES 500 - 50,000
1 - 6 months
Okash Personal Loan
Okash (Opera)
5% - 10%p.a.
KES 500 - 50,000
1 - 6 months
OKash Instant Loan
Okash Kenya
8% - 20%p.a.
KES 1,500 - 50,000
91 - 365 days
Zenka Instant Loan
Zenka Finance Limited
9% - 15%p.a.
KES 500 - 30,000
7 - 90 days
Equity Eazzy Loan
Equity Bank Kenya
10% - 16%p.a.
KES 1,000 - 100,000
1 - 12 months
Senti Instant Loan
Senti App
10% - 20%p.a.
KES 1,000 - 50,000
7 - 30 days
Timiza Instant Loan
ABSA Bank Kenya
10% - 18%p.a.
KES 500 - 150,000
1 - 6 months
Tala Instant Loan
Tala Kenya
11% - 15%p.a.
KES 1,000 - 50,000
21 - 30 months
Okolea Instant Loan
Okolea International
11.15% - 15%p.a.
KES 500 - 500,000
Branch Personal Loan Plus
Branch International
12% - 21%p.a.
KES 250 - 100,000
1 - 12 months
Haraka Instant Loan
Haraka Finance
12% - 20%p.a.
KES 1,000 - 50,000
14 - 30 days
TruePesa Instant Loan
TruePesa
12% - 25%p.a.
KES 2,000 - 80,000
Branch Personal Loan
Branch International
14% - 22%p.a.
KES 250 - 70,000
1 - 68 months
iPesa Instant Loan
iPesa Kenya
15% - 25%p.a.
KES 500 - 50,000
14 - 30 days
Tala Personal Loan Plus
Tala Kenya
15% - 25%p.a.
KES 500 - 70,000
1 - 6 months
HF Whizz Instant Loan
HF Group
% - %p.a.
KES 1,000 - 100,000
7 - 30 days
Little Pesa Short-Term Loan
Little Pesa
% - %p.a.
KES 1,000 - 200,000
7 - 62 days
MoKash Instant Loan
NCBA Bank / MTN
% - %p.a.
KES 500 - 150,000
7 - 30 days
Monthly Payment Estimates for KES 20,000
| Interest Rate | 6 Months | 12 Months | 24 Months | 36 Months |
|---|---|---|---|---|
| 12% p.a. | KES 3,451 | KES 1,777 | KES 941 | KES 664 |
| 15% p.a. | KES 3,481 | KES 1,805 | KES 970 | KES 693 |
| 18% p.a. | KES 3,511 | KES 1,834 | KES 998 | KES 723 |
| 21% p.a. | KES 3,540 | KES 1,862 | KES 1,028 | KES 754 |
| 24% p.a. | KES 3,571 | KES 1,891 | KES 1,057 | KES 785 |
* Estimates based on reducing balance method. Actual EMI may vary based on fees and exact terms.
Requirements for KES 20,000 Fast Loans
Basic Requirements
- âKenyan citizen or resident (ID/Passport)
- âAge 18-65 years (varies by lender)
- âValid KRA PIN certificate
- âActive mobile money account (M-Pesa)
Income Requirements
- âMinimum income: ~KES 5,000/month
- âEmployed: Payslips or employment letter
- âSelf-employed: 6+ months bank/M-Pesa statements
- âUsually unsecured for this amount
FAQs: KES 20,000 Fast Loans
Where can I get a KES 20,000 loan in Kenya?
You can get a KES 20,000 loan from 20+ lenders including Chapeo, Co-operative Bank of Kenya, Zenka Finance. Interest rates start from 10.4% p.a. Compare all options on PesaMarket to find the best rate for your needs.
What is the monthly payment for a KES 20,000 loan?
For a KES 20,000 loan at 10.4% p.a. over 12 months, you'd pay approximately KES 1,762 per month. Use our EMI calculator for exact figures based on your chosen loan term and interest rate.
What are the requirements for a KES 20,000 loan?
Requirements typically include: Kenyan ID/passport, age 18-65, minimum monthly income of KES 6,000 (varies by lender), valid KRA PIN, and good CRB status. For this amount, most loans are unsecured.
How fast can I get KES 20,000?
Digital lenders like Branch and Tala can approve and disburse within 5 minutes for amounts up to KES 50,000. Bank loans for KES 20,000 typically take 24-48 hours. M-Pesa loans (Fuliza, KCB M-Pesa) are instant but have lower limits.
Can I get a KES 20,000 loan without CRB check?
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 20,000, we recommend improving your CRB status first for better rates and higher approval chances.
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