iLoan

Compare all 2 products from iLoan in Kenya. Borrow up to Ksh 150,000.

Ksh 150,000

Max Amount

Same day for most applications

Fastest Disbursement

Total Products

Fast Loans

Product	Rate	Amount	Turnaround
iLoan Mobile Loan	N/A	Ksh 500 - Ksh 150,000	Same day for most applications	Apply
iLoan Mobile Loan	N/A	Ksh 500 - Ksh 150,000	Same day for most applications	Apply

View all Fast Loans→

iLoan Pros & Cons

+Pros

✓24/7 application window via mobile or USSD
✓Transparent total cost of credit displayed upfront
✓Reports positive repayment to CRBs to build credit
✓Local Kenyan customer-service team
✓Accessible even with a basic smartphone

-Cons

✗Limited loan-size ceiling compared to bank products
✗Customer service hours limited to Mon-Fri
✗Interest rates can be steep for first-time borrowers

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Any

Required Documents (across all products)

●National ID
●Smartphone with internet
●M-Pesa account

Expert Analysis

iLoan is a CBK-licensed Digital Credit Provider operated by Easy Asset Management, licensed in 2025 under Kenya's 2022 DCP Regulations. Loans run from KES 500 to KES 150,000 with repayment terms of 7-30 days. Disbursement is via M-Pesa, Airtel Money or Bank transfer - same day for most 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 iLoan?

iLoan offers loan amounts from Ksh 500 up to Ksh 150,000 depending on the product and your eligibility.

How fast does iLoan disburse loans?

The fastest disbursement time from iLoan is Same day for most applications. Actual processing time varies by product type and application completeness.

Does iLoan require CRB clearance?

iLoan 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.