Progressive Credit
Compare all 2 products from Progressive Credit in Kenya. Borrow up to Kshย 30,000.
Fast Loans
2Progressive Credit Pros & Cons
+Pros
- โWell-designed mobile app experience
- โFast in-app support via live chat
- โReports positive repayment to CRBs to build credit
- โSupports partial repayments when cash flow is tight
-Cons
- โShort maximum tenure may squeeze repayment
- โNewer entrant โ shorter operational track record
- โNo walk-in office for in-person support
Eligibility Requirements
- โNational ID
- โSmartphone with internet
- โM-Pesa account
Expert Analysis
Progressive Credit is a CBK-licensed Digital Credit Provider, licensed in 2024 under Kenya's 2022 DCP Regulations. Loans run from KES 2,000 to KES 30,000 with repayment terms of 14-90 days. Disbursement is via M-Pesa - 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 Progressive Credit?
Progressive Credit offers loan amounts from Kshย 2,000 up to Kshย 30,000 depending on the product and your eligibility.
How fast does Progressive Credit disburse loans?
The fastest disbursement time from Progressive Credit is Same day for most applications. Actual processing time varies by product type and application completeness.
Does Progressive Credit require CRB clearance?
Progressive Credit 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 Progressive Credit offer on PesaMarket?
Progressive Credit currently has 2 products listed on PesaMarket across 1 category: Fast Loans.
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Compare Progressive Credit With
Best For
- โBuilding CRB credit history from scratch
- โPaying school fees and urgent education costs
- โShort-term bridging while waiting for a payment
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