Best Personal Loans in Siaya 2026
Compare 17+ personal loans from 3+ banks in Siaya County. 58% of adults have access to financial services.
Siaya County Financial Overview
Siaya County borders Lake Victoria and has significant fishing and rice farming activities. The county is known for strong educational institutions and serves as a commercial center for Luo Nyanza.
Main Industries
Popular Financial Products
Banks Offering Personal Loans in Siaya
Compare Personal Loans Available in Siaya
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 Siaya
- đĄFishing cooperatives can access group lending products
- đĄRice farmers should explore irrigation scheme financing
- đĄMobile money is widely used for quick access to funds
- đĄTeacher SACCOs offer competitive rates for educators
How to Apply for Personal Loans in Siaya
- 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 Siaya 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 Siaya
What are the best Personal Loans in Siaya County?
The best personal loans in Siaya 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 Siaya?
To apply for personal loans in Siaya: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Siaya or Bondo 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 Siaya County?
Major banks with branches in Siaya include: KCB (4 branches - Siaya, Bondo, Ugunja); Equity Bank (3 branches - Siaya, Bondo); Co-operative Bank (3 branches - Siaya, Ugunja). You can also access mobile banking and digital loans from anywhere in Siaya.
What is the minimum salary to qualify for personal loans in Siaya?
Minimum salary requirements for personal loans in Siaya 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 Siaya?
Some digital lenders in Siaya 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 Nyanza Counties
Other Financial Products in Siaya
Personal Loans in Siaya's Major Towns
Whether you're in Siaya, Bondo, Ugunja, Yala, or any other part of Siaya County, you can access personal loans from leading financial institutions. Siaya 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 personal loans for your needs.
Ready to Apply?
Compare 17+ personal loans from top banks in Siaya. Find the best rates and apply online today.