Haraka Finance

Compare all 2 products from Haraka Finance in Kenya. Rates from 12%. Borrow up to Ksh 50,000.

12%

Lowest Rate

Ksh 50,000

Max Amount

Under 5 minutes

Fastest Disbursement

Total Products

Fast Loans

Product	Rate	Amount	Turnaround
Haraka Instant Loan	12% - 20%	Ksh 1,000 - Ksh 50,000	Under 5 minutes	Apply
Haraka Instant Loan	12% - 20%	Ksh 1,000 - Ksh 50,000	Under 5 minutes	Apply

View all Fast Loans→

Haraka Finance Pros & Cons

+Pros

✓Very fast approval (under 5 mins)
✓No CRB check for first loan
✓Simple app interface
✓Transparent pricing
✓Quick limit increases

-Cons

✗High interest rate (12-20%)
✗Short repayment period
✗Low initial limits
✗Daily late payment penalties

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Any

Required Documents (across all products)

●National ID
●Smartphone
●M-Pesa registered number

Expert Analysis

Haraka Finance is a CBK-licensed Digital Credit Provider, operating under Kenya's 2022 DCP Regulations. Loans run from KES 1,000 to KES 50,000 with repayment terms of 14-30 days. Disbursement is via M-Pesa - under 5 minutes. 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: no early-repayment penalty.

Frequently Asked Questions

What interest rates does Haraka Finance offer?

Haraka Finance offers interest rates ranging from 12% to 20% across their 2 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from Haraka Finance?

Haraka Finance offers loan amounts from Ksh 1,000 up to Ksh 50,000 depending on the product and your eligibility.

How fast does Haraka Finance disburse loans?

The fastest disbursement time from Haraka Finance is Under 5 minutes. Actual processing time varies by product type and application completeness.

Does Haraka Finance require CRB clearance?

Haraka Finance 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.