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.
Safaricom M-Pesa
1.5% p.a.
KES 100 - 100,000
Tala Kenya
11% - 15% p.a.
KES 1,000 - 50,000
Branch International
12% - 21% p.a.
KES 250 - 100,000
Branch International
14% - 22% p.a.
KES 250 - 70,000
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.
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.
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.
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.
Compare all 6 unemployed loan options and apply online.
Tala Kenya
15% - 25% p.a.
KES 500 - 70,000
Safaricom M-Pesa
% p.a.
KES 1 - 100,000