M-Kopa

Compare all 3 products from M-Kopa in Kenya. Rates from 15%. Borrow up to Ksh 150,000.

15%

Lowest Rate

Ksh 150,000

Max Amount

Same day

Fastest Disbursement

Total Products

Buy Now Pay Later

Product	Rate	Amount	Turnaround
M-Kopa Asset Financing	15% - 25%	Ksh 5,000 - Ksh 150,000	Same day	Apply
M-Kopa Smartphone Financing	N/A	N/A	N/A	Apply
M-Kopa Asset Financing	15% - 25%	Ksh 5,000 - Ksh 150,000	Same day	Apply

View all Buy Now Pay Later →

M-Kopa Pros & Cons

+Pros

✓No CRB check needed
✓Small affordable daily payments
✓Own the asset at the end
✓Builds credit history
✓Wide product range
✓Nationwide availability

-Cons

✗Higher total cost than cash purchase
✗Device locked if payments missed
✗Daily payment commitment
✗Limited product selection
✗Must complete all payments to fully own

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Any - including informal sector

Required Documents (across all products)

●National ID
●M-Pesa registered number
●Small deposit (10-20%)

Frequently Asked Questions

What interest rates does M-Kopa offer?

M-Kopa offers interest rates ranging from 15% to 25% across their 3 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from M-Kopa?

M-Kopa offers loan amounts from Ksh 5,000 up to Ksh 150,000 depending on the product and your eligibility.

How fast does M-Kopa disburse loans?

The fastest disbursement time from M-Kopa is Same day. Actual processing time varies by product type and application completeness.

Does M-Kopa require CRB clearance?

M-Kopa 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.