đŧ Loans for Unemployed in Kenya
Find loan options even without formal employment. Compare products for students, between-jobs individuals, and those with informal income.
Be very careful about borrowing without steady income. Only borrow what you can realistically repay to avoid CRB issues that will affect future employment and loan applications.
Unemployed Loan Options
Fuliza Biashara Overdraft
Safaricom M-Pesa
1.5% p.a.
KES 100 - 100,000
Tala Instant Loan
Tala Kenya
11% - 15% p.a.
KES 1,000 - 50,000
Branch Personal Loan Plus
Branch International
12% - 21% p.a.
KES 250 - 100,000
Branch Personal Loan
Branch International
14% - 22% p.a.
KES 250 - 70,000
Tala Personal Loan Plus
Tala Kenya
15% - 25% p.a.
KES 500 - 70,000
Fuliza M-Pesa
Safaricom M-Pesa
% p.a.
KES 1 - 100,000
Tips for Getting Unemployed Loans
- đĄHustler Fund is designed for informal and unemployed Kenyans
- đĄFuliza works if you have M-Pesa transaction history
- đĄApp loans use phone data - not employment status
- đĄStart small to build credit for when you're employed
- đĄConsider SACCO loans if you're a member with savings
Frequently Asked Questions
Can I get a loan if I'm unemployed in Kenya?
Yes, limited options exist: Hustler Fund (government program for all Kenyans), Fuliza (if you have M-Pesa history), app loans (Branch, Tala - use phone data), and SACCO loans (if you have savings). Amounts are typically small (KES 500-50,000) without employment proof.
What is the Hustler Fund for unemployed?
Hustler Fund is a government initiative providing affordable credit to all Kenyans regardless of employment. Access via *254# or app. Start at KES 500, grow to KES 50,000 with repayment. Interest is 8% p.a. (lowest in market). No employment verification required.
Can students get loans in Kenya?
Students can access: HELB (for university - up to KES 60,000/year), app loans (Branch, Tala - based on phone activity), Fuliza (with M-Pesa usage), and Hustler Fund. For larger amounts, a working family member may need to apply or guarantee.
How can I qualify for a loan without income?
Without formal income: Use Hustler Fund (no income verification), build M-Pesa history for Fuliza eligibility, download and actively use loan apps to get pre-qualified, or join a SACCO and save for 3-6 months before borrowing.
Browse by Eligibility
Find Your Perfect Loan
Compare all 6 unemployed loan options and apply online.