Best Personal Loans in Busia 2026
Compare 17+ personal loans from 3+ banks in Busia County. 57% of adults have access to financial services.
Busia County Financial Overview
Busia County is Kenya's main gateway to Uganda with the Busia border town being one of the busiest border crossings in East Africa. Cross-border trade drives much of the local economy.
Main Industries
Popular Financial Products
Banks Offering Personal Loans in Busia
Compare Personal Loans Available in Busia
ABSA Personal Loan
FeaturedABSA Bank Kenya
14% - 16.5%p.a.
KES 50,000 - KES 10,000,000
- âLoan amounts up to KES 10 million
- âFlexible repayment up to 6 years
ABSA Unsecured Check-Off Loan
FeaturedABSA Bank Kenya
13% - 16%p.a.
KES 50,000 - KES 5,000,000
- âNo collateral required
- âAutomatic salary deduction (check-off)
Co-op Bank Personal Loan
FeaturedCo-operative Bank of Kenya
13.5% - 15.5%p.a.
KES 50,000 - KES 5,000,000
- âUp to KES 5 million loan amount
- âFlexible repayment up to 5 years
DTB Personal Loan
Diamond Trust Bank
14% - 17%p.a.
KES 50,000 - KES 5,000,000
- âPersonal loans up to KES 5 million
- âCompetitive rates from 14% p.a.
Equity Personal Loan
FeaturedEquity Bank Kenya
13% - 16%p.a.
KES 50,000 - KES 5,000,000
- âQuick approval within 48 hours
- âFlexible repayment up to 5 years
Faulu Imara Loan
Faulu Microfinance Bank
9.5% - 34%p.a.
KES 10,000 - KES 3,000,000
- âUp to KES 3,000,000 loan amount
- âTerms up to 84 months (7 years)
I&M Personal Loan
FeaturedI&M Bank
14% - 18%p.a.
KES 100,000 - KES 10,000,000
- âPremium personal loans up to KES 10 million
- âTop-rated mobile banking app
KCB Personal Car Loan
FeaturedKenya Commercial Bank
13% - 15.5%p.a.
KES 300,000 - KES 15,000,000
- âFinance up to 100% of vehicle value
- âNew and used vehicles accepted (up to 8 years old)
KCB Personal Loan
FeaturedKenya Commercial Bank
13.5% - 16.5%p.a.
KES 50,000 - KES 5,000,000
- âQuick approval (24-48 hours)
- âFlexible repayment terms (6-60 months)
KCB Personal Secured Loan
FeaturedKenya Commercial Bank
11% - 14%p.a.
KES 100,000 - KES 20,000,000
- âLower interest rates due to security provided
- âHigher loan amounts up to KES 20M
KCB Personal Unsecured Loan
Kenya Commercial Bank
14.5% - 17.5%p.a.
KES 30,000 - KES 3,000,000
- âNo collateral required
- âFast approval (24-48 hours)
Letshego Personal Loan
Letshego Kenya
5.25% - 24%p.a.
KES 250 - KES 500,000
- âKenya's largest credit-only MFI
- âAPR from 5.25% - among lowest rates
Mogo Car Logbook Loan
Mogo Kenya
2.5% - 4%p.a.
KES 50,000 - KES 5,000,000
- âBorrow up to 70% of vehicle value
- âKeep driving your car
Mogo Personal Loan
FeaturedMogo Kenya
15% - 20%p.a.
KES 5,000 - KES 500,000
- âQuick mobile app approval
- âFlexible repayment options
NCBA Personal Loan
FeaturedNCBA Bank
12% - 18%p.a.
KES 50,000 - KES 7,000,000
- âLoan up to KES 7 million unsecured
- âUp to 90% of deposit for secured loans
Stanbic Personal Loan
FeaturedStanbic Bank Kenya
13% - 17%p.a.
KES 100,000 - KES 15,000,000
- âLoans up to KES 15 million
- âLong repayment period up to 7 years
Stanbic Personal Unsecured Loan
Stanbic Bank Kenya
14% - 17%p.a.
KES 50,000 - KES 4,000,000
- âNo collateral required
- âFast approval (48-72 hours)
Tips for Getting Personal Loans in Busia
- đĄCross-border traders have access to specialized trade finance
- đĄCurrency exchange businesses can find working capital facilities
- đĄMalaba has good banking infrastructure due to border trade
- đĄFishing communities on Lake Victoria access microfinance
How to Apply for Personal Loans in Busia
- Compare: Use PesaMarket to compare personal 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 Busia or apply online through the bank's website/app
- Wait for approval: Most personal loans are processed within 24-72 hours
Frequently Asked Questions: Personal Loans in Busia
What are the best Personal Loans in Busia County?
The best personal loans in Busia include products from KCB, Equity Bank, Co-operative Bank. Interest rates start from around 12.0% p.a. depending on the product and your credit profile. Compare all 17+ options on PesaMarket to find the best fit for your needs.
How do I apply for personal loans in Busia?
To apply for personal loans in Busia: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Busia or Malaba 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 Busia County?
Major banks with branches in Busia include: KCB (3 branches - Busia, Malaba, Bumala); Equity Bank (2 branches - Busia, Malaba); Co-operative Bank (2 branches - Busia). You can also access mobile banking and digital loans from anywhere in Busia.
What is the minimum salary to qualify for personal loans in Busia?
Minimum salary requirements for personal loans in Busia 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 personal loans without CRB check in Busia?
Some digital lenders in Busia offer personal 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.
Personal Loans in Nearby Western Counties
Other Financial Products in Busia
Personal Loans in Busia's Major Towns
Whether you're in Busia, Malaba, Bumala, or any other part of Busia County, you can access personal loans from leading financial institutions. Busia has the most bank branches, but mobile banking and digital loans are available across the entire Western region. Our platform helps you compare rates and find the best personal loans for your needs.
Ready to Apply?
Compare 17+ personal loans from top banks in Busia. Find the best rates and apply online today.