Compare 8+ mobile money loans from 2+ banks in Mandera County. 36% of adults have access to financial services.
Mandera County is a major cross-border trading hub with Ethiopia and Somalia. The livestock economy is significant, and the county receives substantial development funding.
Mandera
Mandera, Rhamu
Safaricom M-Pesa
1.5% - 1.5%p.a.
KES 100 - KES 100,000
Safaricom M-Pesa
1.083% p.a.
KES 1 - KES 100,000
Kenya Commercial Bank
8.88% p.a.
KES 50 - KES 1,000,000
The best mobile money loans in Mandera include products from KCB, First Community Bank. Interest rates start from around 6.9% p.a. depending on the product and your credit profile. Compare all 8+ options on PesaMarket to find the best fit for your needs.
To apply for mobile money loans in Mandera: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Mandera or Rhamu or apply online. 4) Submit required documents including ID, KRA PIN, and proof of income. Most applications are processed within 24-48 hours.
Major banks with branches in Mandera include: KCB (1 branches - Mandera); First Community Bank (2 branches - Mandera, Rhamu). You can also access mobile banking and digital loans from anywhere in Mandera.
Minimum salary requirements for mobile money loans in Mandera vary by provider. Most banks require a minimum monthly income of KES 15,000-30,000 for personal loans. Digital lenders like Branch, Tala, and M-Shwari have lower requirements. Self-employed individuals can qualify with 6+ months of M-Pesa statements or business records.
Some digital lenders in Mandera offer mobile money loans with flexible CRB requirements. M-Shwari, Fuliza, and some app-based lenders may approve loans for first-time borrowers or those rebuilding credit. However, most banks will check your CRB status. You can check your CRB report for free once a year at any CRB bureau.
Whether you're in Mandera, Rhamu, Elwak, or any other part of Mandera County, you can access mobile money loans from leading financial institutions. Mandera has the most bank branches, but mobile banking and digital loans are available across the entire North Eastern region. Our platform helps you compare rates and find the best mobile money loans for your needs.
Compare 8+ mobile money loans from top banks in Mandera. Find the best rates and apply online today.
Safaricom M-Pesa
7.5% p.a.
KES 100 - KES 1,000,000
Safaricom M-Pesa (powered by NCBA)
7.5% - 7.5%p.a.
KES 100 - KES 1,000,000
Safaricom M-Pesa
0.5% - 1%p.a.
KES 1,000 - KES 150,000
Safaricom M-Pesa
0.5% - 1%p.a.
KES 1,000 - KES 250,000
Safaricom M-Pesa
0.5% - 1%p.a.
KES 1,000 - KES 250,000