Best Mobile Money Loans in Migori 2026
Compare 7+ mobile money loans from 3+ banks in Migori County. 56% of adults have access to financial services.
Migori County Financial Overview
Migori County has diverse economic activities including gold mining, sugar cane farming, and tobacco. The county borders Tanzania, creating cross-border trade opportunities.
Main Industries
Popular Financial Products
Banks Offering Mobile Money Loans in Migori
Compare Mobile Money Loans Available in Migori
Fuliza Biashara Overdraft
Safaricom M-Pesa
1.5% - 1.5%p.a.
KES 100 - KES 100,000
- âInstant overdraft facility for businesses
- âComplete transactions even with insufficient balance
Fuliza M-Pesa
FeaturedSafaricom M-Pesa
1.083% p.a.
KES 1 - KES 100,000
- âOverdraft facility - complete transactions even with zero balance
- âAutomatic activation for eligible M-Pesa users
KCB M-Pesa Loan
FeaturedKenya Commercial Bank
8.88% p.a.
KES 50 - KES 1,000,000
- âInstant approval and disbursement
- âLoans from KES 50 to KES 1 million
M-Shwari Loan
FeaturedSafaricom M-Pesa
7.5% p.a.
KES 100 - KES 1,000,000
- âInstant approval - get loan in seconds
- âNo paperwork required
M-Shwari Loan
FeaturedSafaricom M-Pesa (powered by NCBA)
7.5% - 7.5%p.a.
KES 100 - KES 1,000,000
- âInstant loan approval and disbursement
- âApply via M-Pesa menu (*234#)
Taasi Pochi Business Loan
FeaturedSafaricom M-Pesa
0.5% - 1%p.a.
KES 1,000 - KES 150,000
- âLow interest rate (0.5-1% monthly)
- âBased on Pochi transaction volumes
Taasi Till Business Loan
FeaturedSafaricom M-Pesa
0.5% - 1%p.a.
KES 1,000 - KES 250,000
- âLowest mobile loan rate (0.5-1% monthly)
- âBased on M-Pesa Till transaction volumes
Tips for Getting Mobile Money Loans in Migori
- đĄCross-border traders can access trade finance for Tanzania business
- đĄSmall-scale miners should explore equipment financing
- đĄSugar cane farmers have access to factory advance payments
- đĄMobile money is widely used for quick transactions
How to Apply for Mobile Money Loans in Migori
- Compare: Use PesaMarket to compare mobile money loans from 3+ banks
- Check eligibility: Review requirements for your preferred product - income, age, CRB status
- Gather documents: Prepare ID, KRA PIN, payslips or M-Pesa statements
- Apply: Visit a branch in Migori or apply online through the bank's website/app
- Wait for approval: Most mobile money loans are processed within 24-72 hours
Frequently Asked Questions: Mobile Money Loans in Migori
What are the best Mobile Money Loans in Migori County?
The best mobile money loans in Migori include products from KCB, Equity Bank, Co-operative Bank. Interest rates start from around 7.9% p.a. depending on the product and your credit profile. Compare all 7+ options on PesaMarket to find the best fit for your needs.
How do I apply for mobile money loans in Migori?
To apply for mobile money loans in Migori: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Migori or Rongo or apply online. 4) Submit required documents including ID, KRA PIN, and proof of income. Most applications are processed within 24-48 hours.
Which banks have branches in Migori County?
Major banks with branches in Migori include: KCB (4 branches - Migori, Rongo, Awendo); Equity Bank (3 branches - Migori, Rongo); Co-operative Bank (2 branches - Migori, Awendo). You can also access mobile banking and digital loans from anywhere in Migori.
What is the minimum salary to qualify for mobile money loans in Migori?
Minimum salary requirements for mobile money loans in Migori 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.
Are there mobile money loans without CRB check in Migori?
Some digital lenders in Migori 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.
Mobile Money Loans in Nearby Nyanza Counties
Other Financial Products in Migori
Mobile Money Loans in Migori's Major Towns
Whether you're in Migori, Rongo, Awendo, Kehancha, or any other part of Migori County, you can access mobile money loans from leading financial institutions. Migori has the most bank branches, but mobile banking and digital loans are available across the entire Nyanza region. Our platform helps you compare rates and find the best mobile money loans for your needs.
Ready to Apply?
Compare 7+ mobile money loans from top banks in Migori. Find the best rates and apply online today.