What are the requirements for LendPlus Mobile Loan?

To qualify for LendPlus Mobile Loan from LendPlus, you typically need: National ID, Smartphone with internet, M-Pesa account. Age requirement: 18-65 years.

How long does LendPlus Mobile Loan approval take?

LendPlus Mobile Loan from LendPlus typically takes Instant for repeat borrowers, minutes for new ones for approval. Digital applications may be processed faster than in-branch applications.

What is the interest rate for LendPlus Mobile Loan?

LendPlus Mobile Loan offers Varies. Actual rates may vary based on your credit profile, income, and relationship with LendPlus.

Is LendPlus Mobile Loan available in my area?

LendPlus Mobile Loan is available in select locations. You can apply online or visit any LendPlus branch.

What are the fees for LendPlus Mobile Loan?

LendPlus Mobile Loan charges Varies by loan size and tier processing fee. Always confirm current fees with LendPlus before applying.

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LendPlus Mobile Loan

LendPlus

Last updated: April 16, 2026

Reviewed byPesaMarket Research Team

|Last verified: Apr 16, 2026

★★★★★

0/5

Based on 0 Reviews

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Interest Rate

Varies

Loan Amount

Ksh 1,000 - Ksh 75,000

Approval Time

Instant for repeat borrowers, minutes for new ones

Processing Fee

KshNaN

Rating Breakdown

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Pros & Cons

Pros

Reports positive repayment to CRBs to build credit
Available across Kenya, not just Nairobi
Well-designed mobile app experience
24/7 application window via mobile or USSD

Cons

Short operational track record — licensed recently
Daily late-fee compounding can accumulate fast
Interest rates can be steep for first-time borrowers

Expert Analysis

LendPlus is a CBK-licensed Digital Credit Provider operated by Aventus Technology, licensed in 2025. Pricing and disclosure obligations follow CBK's 2022 DCP rules. LendPlus positions itself as a technology-first lender with an app-based onboarding flow suited to smartphone users.