Compare 20 fast loans that offer KES 40,000. Interest rates from 0.03% to 25% p.a.
See exactly how much you'll pay for a KES 40,000 loan
Chapeo
0.03% - 0.06%p.a.
KES 1,000 - 100,000
91 - 121 days
Co-operative Bank of Kenya
4% - 9%p.a.
KES 50 - 500,000
1 - 12 months
Zenka Finance
4.5% - 9%p.a.
KES 500 - 50,000
1 - 6 months
Okash (Opera)
5% - 10%p.a.
KES 500 - 50,000
| 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 20+ lenders including Chapeo, Co-operative Bank of Kenya, Zenka Finance. Interest rates start from 10.7% p.a. Compare all options on PesaMarket to find the best rate for your needs.
For a KES 40,000 loan at 10.7% p.a. over 12 months, you'd pay approximately KES 3,529 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 20 products and find the best rate for your needs. Apply online in minutes.
1 - 6 months
Okash Kenya
8% - 20%p.a.
KES 1,500 - 50,000
91 - 365 days
Equity Bank Kenya
10% - 16%p.a.
KES 1,000 - 100,000
1 - 12 months
Senti App
10% - 20%p.a.
KES 1,000 - 50,000
7 - 30 days
ABSA Bank Kenya
10% - 18%p.a.
KES 500 - 150,000
1 - 6 months
Tala Kenya
11% - 15%p.a.
KES 1,000 - 50,000
21 - 30 months
Okolea International
11.15% - 15%p.a.
KES 500 - 500,000
Branch International
12% - 21%p.a.
KES 250 - 100,000
1 - 12 months
Haraka Finance
12% - 20%p.a.
KES 1,000 - 50,000
14 - 30 days
TruePesa
12% - 25%p.a.
KES 2,000 - 80,000
Branch International
14% - 22%p.a.
KES 250 - 70,000
1 - 68 months
iPesa Kenya
15% - 25%p.a.
KES 500 - 50,000
14 - 30 days
Tala Kenya
15% - 25%p.a.
KES 500 - 70,000
1 - 6 months
Tala Kenya
15% - 25%p.a.
KES 500 - 70,000
1 - 6 months
HF Group
% - %p.a.
KES 1,000 - 100,000
7 - 30 days
Little Pesa
% - %p.a.
KES 1,000 - 200,000
7 - 62 days
NCBA Bank / MTN
% - %p.a.
KES 500 - 150,000
7 - 30 days