📄 Loans Without Payslip in Kenya (Self-Employed)
Self-employed? Business owner? Find loans that accept alternative income proof including M-Pesa statements, bank statements, and business records.
No Payslip Loan Options
4G Capital SME Working Capital Loan
4G Capital
0.75% - 0.9% p.a.
KES 5,000 - 3,000,000
KWFT Biashara Business Loan
Kenya Women Microfinance Bank
1.5% - 2% p.a.
KES 5,000 - 2,000,000
Stawi SME Loan
Stawi
9% p.a.
KES 30,000 - 250,000
Equity SME Loan
Equity Bank Kenya
12.5% - 17% p.a.
KES 50,000 - 30,000,000
KCB SME Term Loan
Kenya Commercial Bank
12.5% - 15.5% p.a.
KES 1,000,000 - 50,000,000
Bank of Baroda SME Business Loan
Bank of Baroda
13% - 15% p.a.
KES 200,000 - 50,000,000
BOA Business Loan
Bank of Africa
13% - 16% p.a.
KES 200,000 - 50,000,000
Equity SME Development Loan
Equity Bank
13% - 16% p.a.
KES 100,000 - 30,000,000
Family Bank SME Business Loan
Family Bank
13% - 15% p.a.
KES 100,000 - 50,000,000
Tips for Getting No Payslip Loans
- 💡Keep 6+ months of M-Pesa statements - banks accept these
- 💡Register your business even as a sole proprietor
- 💡Business bank account statements strengthen your application
- 💡KRA iTax returns serve as income proof
- 💡Mobile loans use phone data - no documents needed
Frequently Asked Questions
Can I get a bank loan without a payslip?
Yes, banks offer loans to self-employed with: 6-12 months bank statements, M-Pesa statements showing regular income, business registration, KRA PIN and returns, and for larger loans, audited financials. Equity, KCB, and Co-op have specific SME products for the self-employed.
What documents do self-employed need for a loan?
Self-employed applicants typically need: National ID, KRA PIN, 6-12 months bank/M-Pesa statements, business registration certificate (if available), and sometimes business permit. For larger loans, add: asset proof, guarantors, and financial statements.
How much can a self-employed person borrow?
Loan amounts for self-employed: Digital loans up to KES 100,000 (instant), bank personal loans up to KES 3M (with strong M-Pesa history), SME loans up to KES 10M+ (with collateral). Amount depends on demonstrated income and business history.
Which banks are best for self-employed loans?
Best banks for self-employed: Equity Bank (Eazzy loans based on M-Pesa), KCB (SME products), Co-op Bank (MCo-op Cash), and microfinance banks. Digital lenders (Branch, Tala) are easiest - they use phone data instead of documents.
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Find Your Perfect Loan
Compare all 86 no payslip loan options and apply online.