Extend Money Services
Compare all 2 products from Extend Money Services in Kenya. Borrow up to Kshย 150,000.
Fast Loans
2Extend Money Services Pros & Cons
+Pros
- โReports positive repayment to CRBs to build credit
- โSupports partial repayments when cash flow is tight
- โFast in-app support via live chat
- โNo hidden charges beyond the advertised rate
-Cons
- โSmall operations team may mean slower response to escalations
- โNewer entrant โ shorter operational track record
- โLimited loan-size ceiling compared to bank products
Eligibility Requirements
- โNational ID
- โSmartphone with internet
- โM-Pesa account
Expert Analysis
Extend Money Services is a CBK-licensed Digital Credit Provider, licensed in 2023 under Kenya's 2022 DCP Regulations. Loans run from KES 2,000 to KES 150,000 with repayment terms of 7-90 days. Disbursement is via M-Pesa, Airtel Money or Bank transfer - within 10 minutes for approved applications. Rates are not published upfront: pricing tiers by CRB band, loan size, and repayment history, and the full total cost of credit is disclosed before acceptance per CBK's Digital Credit Provider rules. Fees: processing fee varies by loan size and tier; no early-repayment penalty.
Frequently Asked Questions
What loan amounts are available from Extend Money Services?
Extend Money Services offers loan amounts from Kshย 2,000 up to Kshย 150,000 depending on the product and your eligibility.
How fast does Extend Money Services disburse loans?
The fastest disbursement time from Extend Money Services is Within 10 minutes for approved applications. Actual processing time varies by product type and application completeness.
Does Extend Money Services require CRB clearance?
Extend Money Services does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.
How many products does Extend Money Services offer on PesaMarket?
Extend Money Services currently has 2 products listed on PesaMarket across 1 category: Fast Loans.
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Compare Extend Money Services With
Best For
- โShort-term bridging while waiting for a payment
- โTop-up on a small existing loan
- โPaying school fees and urgent education costs
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