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Mobile loan in Kenya 2022: Mkopo haraka loan app


Mkopo haraka loan app is a digital lending app that offers instant unsecured loan ranging from KSH. 500 to KSH. 50,000. Mkopo haraka loan app offers unsecured loans that are processed immediately and disbursed to customer’s M-Pesa account. Mkopo haraka loan app offers loans to everyone including those negatively listed in CRB.

In this article, I will be revealing to you everything you need to know about Mkopo haraka loan app. I will also clarify the issue of commitment fee which many of my blog readers have asking for through my email.

Read more: How to borrow instant loan on Creditmoja loan app

Read more: How to borrow instant loan of up to KSH.  50,000 on KeCredit loan app in Kenya 

Mkopo haraka loan app in Kenya 2022

How to download Mkopo haraka loan app

To download Mkopo haraka loan app, head to google play store and search for the keyword Mkopo haraka, the app will appear as one of the search results when you enter the keyword (Do not confuse Mkopo haraka loan app with Haraka loan app which is also available in Google play store).

After successfully searching for the app, click download and proceed to install the app. After installing the app, you can now proceed to register in order to borrow your first loan.

How to apply loan from Mkopo haraka loan app

To apply for Mkopo haraka loan, you must have the following qualifications;

• Must be 18 years and above

• Must have national ID

• Must have a functional safaricom number with an active M-Pesa account

• Must have physical address

• Must pay service fee of KSH. 200

Once you have the above qualifications, you will go ahead to create account on the app by entering your details. You will then proceed to pay KSH. 200 to M-Pesa till number 6059498 (this is till number and not the usual paybill number which most loan apps use).

Before you pay this amount, first contact the customer care to confirm if your loan will be successfully processed because many people have complained about the app failing to offer them a loan despite the fact that they paid the commitment fee.

After paying this amount, your loan limit will be calculated and the amount will be updated on your app. You can go ahead to borrow loan of any amount within your loan limit. The loan processing period is supposed to take less than five minutes but many customers have raised complains about the loan processing delaying to up to 48 hours.

When the processing is complete, the amount will be sent to your M-Pesa account and you can now go ahead to do whatever you intended to do with the money.

How to repay your Mkopo haraka loan

To repay your Mkopo haraka loan, head to your app and choose the loans option on your app, go ahead to enter the amount you wish to pay and then proceed to enter your phone number. You will receive a pop up notification which will ask you to enter your M-Pesa pin to authorize the transaction.

Apart from using the app to repay your loan, you can as well use M-Pesa till number to repay your loan. To do this, go to your M-Pesa menu and proceed to Lipa na M-Pesa, choose the buy goods and services option instead of the normal paybill number. Enter till number 6059498. Proceed to enter the amount you wish to pay and enter your M-Pesa pin to complete the transaction.

Mkopo haraka interest rate

Mkopo haraka loan app charges interest rate of 25%. This amount one is supposed to pay when they repay their loan.

Mkopo haraka loan period

Mkopo haraka offers their customers a long repayment period of between 91 and 361 days. They also accept early payment of loan if one is able to pay the loan before 91 days elapses.

Mkopo haraka paybill number

Mkopo haraka does not have a paybill number. All their transactions can be done through their official app or their till number 6059498

Disadvantages of Mkopo Haraka loan app

• Mkopo haraka does not have an active customer care service

• They are not active on social media

• They have a hidden commitment fee of KSH. 200

• They take long to process loan

• They do not have a paybill number.

Is Mkopo haraka a genuine app?

It is very difficult to judge whether Mkopo haraka is a genuine app or not. But be very careful when dealing with them because many people have raised concerns about the authencity of this app. Before you pay the commitment fee, be very careful.

Mkopo haraka loan app contacts

Mkopo haraka loan app does not have any contact. They do not have a phone number or email address. The only way you can contact them is through their official app’s communication section which they take centuries to respond.


Marion Mwangangi is a Journalism student at Multimedia University of Kenya. Apart from being a student, she is a professional graphic designer, an SEO expert and a video editor. Email:

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