đ¤ Loans Without Guarantor in Kenya
Get loans without asking family or friends to guarantee. Compare products that use alternative security like salary check-off, collateral, or credit scoring.
No Guarantor Loan Options
Chapeo Cash Loan
Chapeo
0.03% - 0.06% p.a.
KES 1,000 - 100,000
Taasi Pochi Business Loan
Safaricom M-Pesa
0.5% - 1% p.a.
KES 1,000 - 150,000
Taasi Till Business Loan
Safaricom M-Pesa
0.5% - 1% p.a.
KES 1,000 - 250,000
Fuliza Biashara Overdraft
Safaricom M-Pesa
1.5% p.a.
KES 100 - 100,000
MCo-op Cash Mobile Loan
Co-operative Bank of Kenya
4% - 9% p.a.
KES 50 - 500,000
Zenka Personal Loan
Zenka Finance
4.5% - 9% p.a.
KES 500 - 50,000
Okash Personal Loan
Okash (Opera)
5% - 10% p.a.
KES 500 - 50,000
OKash Instant Loan
Okash Kenya
8% - 20% p.a.
KES 1,500 - 50,000
Tips for Getting No Guarantor Loans
- đĄSalary check-off loans don't need guarantors - employer deducts
- đĄAll mobile loans (Fuliza, M-Shwari, apps) are guarantor-free
- đĄOffer collateral instead of guarantors for large loans
- đĄSome banks waive guarantor for long-standing customers
- đĄSACCOs may require guarantors but members know each other
Frequently Asked Questions
Which loans don't need a guarantor in Kenya?
Guarantor-free options include: Salary check-off loans (KCB, Equity, Co-op), all mobile loans (Fuliza, M-Shwari, Branch, Tala), secured loans with collateral, and some bank loans under KES 500,000 for existing customers with good history.
What can I use instead of a guarantor?
Alternatives to guarantors: Salary check-off arrangement with employer, collateral (logbook, land title, fixed deposit), higher interest rate for unsecured loan, or building relationship with bank through savings and smaller loans first.
Why do banks require guarantors?
Banks require guarantors to reduce default risk. The guarantor legally agrees to repay if you can't. For unsecured loans without collateral, guarantors provide the bank with recourse. Good credit history and stable income can sometimes waive this requirement.
Can my employer be my guarantor?
Not directly, but check-off loan arrangements effectively do this. Your employer agrees to deduct loan payments from your salary and remit to the bank. This arrangement provides security without a personal guarantor.
Browse by Eligibility
Find Your Perfect Loan
Compare all 27 no guarantor loan options and apply online.