Best Mobile Money Loans in Mombasa 2026
Compare 7+ mobile money loans from 4+ banks in Mombasa County. 72% of adults have access to financial services.
Mombasa County Financial Overview
Mombasa is Kenya's second-largest city and principal seaport. The coastal economy relies heavily on tourism, port activities, and cross-border trade, creating unique financing needs for businesses.
Main Industries
Popular Financial Products
Banks Offering Mobile Money Loans in Mombasa
Compare Mobile Money Loans Available in Mombasa
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 Mombasa
- đĄTourism businesses should explore seasonal loan products with flexible repayment
- đĄPort-related businesses can access specialized trade finance from major banks
- đĄConsider Islamic banking options - Mombasa has several Sharia-compliant providers
- đĄMobile loans are popular for quick access when banks are far
How to Apply for Mobile Money Loans in Mombasa
- Compare: Use PesaMarket to compare mobile money loans from 4+ 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 Mombasa 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 Mombasa
What are the best Mobile Money Loans in Mombasa County?
The best mobile money loans in Mombasa 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 Mombasa?
To apply for mobile money loans in Mombasa: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Mombasa or Likoni 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 Mombasa County?
Major banks with branches in Mombasa include: KCB (15 branches - CBD, Nyali, Likoni); Equity Bank (12 branches - CBD, Nyali, Mtwapa); Co-operative Bank (10 branches - CBD, Nyali, Likoni); ABSA (8 branches - CBD, Nyali, Diani). You can also access mobile banking and digital loans from anywhere in Mombasa.
What is the minimum salary to qualify for mobile money loans in Mombasa?
Minimum salary requirements for mobile money loans in Mombasa 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 Mombasa?
Some digital lenders in Mombasa 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 Coast Counties
Other Financial Products in Mombasa
Mobile Money Loans in Mombasa's Major Towns
Whether you're in Mombasa, Likoni, Changamwe, Nyali, or any other part of Mombasa County, you can access mobile money loans from leading financial institutions. Mombasa has the most bank branches, but mobile banking and digital loans are available across the entire Coast region. Our platform helps you compare rates and find the best mobile money loans for your needs.
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Compare 7+ mobile money loans from top banks in Mombasa. Find the best rates and apply online today.