Open Loans Kenya
Free App
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About Open Loans Kenya
Get loans of all types - from online loans to loans in Kenya without security. You can also get personal loans from some lenders on the platform. Other lenders offer secured and unsecured loans in Kenya. From unsecured business loans in Kenya to instant mobile loans in Kenya, Open Loans Kenya connects borrowers and lenders from Nairobi to Mombasa to Kisumu, etc. The idea is to create a very efficient loans marketplace in Kenya, especially for lenders who wish to offer easy loans online.
Open Loans Kenya also provides Kenyans with investment opportunities. A private person in Kenya with excess cash can use the app as a way to invest. He can lend the money to another Kenyan he finds on Open Loans Kenya and earn an interest. He can secure himself by taking possession of security such as a car or a title deed.
Borrowers in Kenya can borrow from private persons as well as banks and other financial institutions in Kenya that they find (or find them on Open Loans Kenya).
In Kenya, it is legal for anyone to lend money. The Banking Act (CAP 488 of the Laws of Kenya) only regulates people who take one person's money for onward lending to another person. As long as you are lending your own money, you do not need a banking licence in Kenya.
Open Loans Kenya also provides Kenyans with investment opportunities. A private person in Kenya with excess cash can use the app as a way to invest. He can lend the money to another Kenyan he finds on Open Loans Kenya and earn an interest. He can secure himself by taking possession of security such as a car or a title deed.
Borrowers in Kenya can borrow from private persons as well as banks and other financial institutions in Kenya that they find (or find them on Open Loans Kenya).
In Kenya, it is legal for anyone to lend money. The Banking Act (CAP 488 of the Laws of Kenya) only regulates people who take one person's money for onward lending to another person. As long as you are lending your own money, you do not need a banking licence in Kenya.
All Application Badges
Free
downl.
downl.
Android
2.3+
2.3+
Android app
App History & Updates
What's Changed
Works without net
Works without net
Version update Open Loans Kenya was updated to version 1.35
More downloads Open Loans Kenya reached 50 000 - 100 000 downloads
What are users saying about Open Loans Kenya
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by D####:
by D####:
Great app for the financially stranded. I can see the number of lenders have more than tripled
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by S####:
by S####:
They took my 200 and I was not assisted in any way...... its a very stupid app I have ever seen... don't bother your mbs to download... demarket it IG possible
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by E####:
by E####:
I love this site 100%
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by D####:
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I'll pay on time if my loan is approved
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by D####:
by D####:
i think if you offer me a loan you will be of great help
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Useless app
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by N####:
by N####:
Yeah, good
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by D####:
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Perfect
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by N####:
by N####:
Good
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by S####:
by S####:
its perfect
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by D####:
by D####:
I hate it I was asked to pay 500 for loan application from by Amani then they no longer respond to my e-mails.
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by C####:
by C####:
This are conmen, don't try asking for their loan
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by D####:
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I doubt their service
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by X####:
by X####:
Worst n useless app ever
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by F####:
by F####:
Yet to see how best it is,.
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by E####:
by E####:
I need ahelp
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by D####:
by D####:
Good service
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by X####:
Loan supporter
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by H####:
by H####:
Waiting for a response
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by D####:
by D####:
Good for me
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by Q####:
by Q####:
Helpful indeed
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by N####:
by N####:
Good
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by D####:
by D####:
After someone applies a loan does it take long to be approved?.
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by B####:
by B####:
How do you charge people 200 for emergency loans then ask for security.thats stealing.i recommend branch or tala
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by D####:
by D####:
You take too long to respond three days are over since I requested for a loan
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by D####:
by D####:
We immediate response not three days
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by D####:
by D####:
This app is good
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by W####:
by W####:
Tnx
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by D####:
by D####:
I love it
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by T####:
by T####:
I wasted my 200 for nothing. Nkt!!!
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by Z####:
by Z####:
Awesome app
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by D####:
by D####:
excellent
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by N####:
by N####:
Good
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by D####:
by D####:
Helpful
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by Y####:
by Y####:
Why charge to get the list of credit providers? it's like paying some entry fee at the bank's entrance
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by D####:
by D####:
Will. I get money back?
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by D####:
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Helpful
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by D####:
by D####:
I sent my 200 and ended up with nothing. No lenders oops!! Uninstalled the app nkt!!!
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by D####:
by D####:
It a good ideal but I will appreciate it if our loan quickly granted
by D####:
They are conmen actually my 4600 was taken and they didn't respond anything.... They don't send emails.