How to Get KCB MPESA Loans in Kenya
For millions of Kenyans, access to fast, reliable, and flexible credit is no longer a dream — thanks to mobile loan platforms like KCB MPESA. If you’re a business owner, student, side hustler, or even just in need of quick emergency funds, KCB MPESA loans can be a game changer.
In this guide, we’ll cover:
- What KCB MPESA is
- How to register and qualify
- Loan limits, interest rates, and repayment terms
- How to grow your loan limit
- Smart tips to manage the loan like a pro
What is KCB MPESA and How to Get KCB MPESA Loans?
KCB MPESA is a mobile loan and savings service offered through Safaricom’s MPESA platform, in partnership with Kenya Commercial Bank (KCB). Launched in 2015, this service allows users to:
- Borrow instant loans via MPESA
- Save money and earn interest
- Access financial tools without visiting a physical bank
Unlike traditional banking, KCB MPESA works 100% on your phone — available 24/7, and approval takes seconds!
How to Register for KCB MPESA
You don’t need a bank account or paperwork. Here’s how to get started:
Option 1: Using the MPESA Menu
- Go to Safaricom Menu > MPESA
- Select Loans and Savings
- Choose KCB MPESA
- Accept the terms and conditions
- You’re now enrolled!
Option 2: Using MySafaricom App
- Open the MySafaricom App
- Tap on MPESA
- Select Loans and Savings > KCB MPESA
- Accept terms, and you’re in
Once registered, you can check loan offers, savings balances, and apply — all from your phone.
How to Apply for a KCB MPESA Loan
Follow these steps:
- Dial
*334#or open the MySafaricom App - Go to Loans and Savings > KCB MPESA
- Select Loan > Request Loan
- Enter amount (between KSh 100 and your limit)
- Confirm with your MPESA PIN
- Funds are instantly deposited into your KCB MPESA account — you can then withdraw to your MPESA wallet.
Loans are repayable in 30 days from the date of disbursement.
How KCB MPESA Loan Limits Work
Your initial loan limit is based on:
- Your MPESA transaction history
- Savings behavior
- Timely repayment of previous loans
Typical Limits:
| Criteria | Range |
|---|---|
| New users | KSh 100 – KSh 2,000 |
| Active users | KSh 2,000 – KSh 30,000+ |
Interest Rates and Fees
KCB MPESA charges a one-time facility fee of 7.5% on the loan amount.
Example:
If you borrow KSh 1,000:
- You receive: KSh 1,000
- You repay: KSh 1,075 within 30 days
No daily interest or hidden charges — just one flat fee.
How to Repay Your KCB MPESA Loan
Repayment is automatic once you deposit money into your KCB MPESA account or when money enters your MPESA wallet.
Manual Repayment Steps:
- Dial
*334# - Select Loans and Savings > KCB MPESA
- Choose Loan > Repay Loan
- Enter the amount and MPESA PIN
Tip: Repay early to increase your future loan limit!
Can I Use It for Business?
Absolutely! Many small businesses in Kenya now use KCB MPESA to:
- Restock inventory
- Pay suppliers
- Boost short-term cash flow
- Cover emergencies
It’s faster than bank loans and more flexible than some mobile apps.
Pro Tips to Boost Your Loan Limit
- Repay on time or early – This builds your credit score with KCB
- Transact frequently on MPESA – Activity boosts your credibility
- Use KCB MPESA savings – Regular deposits signal financial discipline
- Avoid defaulting – Late repayments may lock you out for months
- Start small and grow – Prove yourself over time
Benefits of KCB MPESA Loans
Instant disbursement
No paperwork or credit checks
Fair interest (7.5% flat)
Works even for youth and students
Access savings and loan tools in one place
Things to Keep in Mind
- Loans must be repaid within 30 days
- Failure to repay may lower your credit score
- KCB may blacklist you with CRB if you default for long
- Over-borrowing can lead to debt cycles — borrow wisely!
Related Resources on Loans
- How to Apply for Hustler Fund Loan in Kenya
- How to Apply Fuliza loan for Business in Kenya
- How to Get a Business Loan in Kenya via Tala
- How to Register a Business Name Online in Kenya
Final Thoughts
KCB MPESA loans offer a fast, trusted, and affordable way to access credit in Kenya. Whether you’re in Nairobi running a boutique, in Kisumu doing freelance work, or in Mombasa restocking your duka — this tool can keep your hustle alive.
Just remember: borrow with a purpose, track your repayments, and use the funds smartly to grow.