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Pesa loan app 2023: APK Download, Paybill, Contacts


Pesa loan app is a mobile app that provides fast loans ranging between Ksh. 1,500 and Ksh. 50,000.

Pesa loan apps are processed instantly and fully online and disbursed to a customer’s M-Pesa account within a few minutes.

In this article, I will show you everything you need to know about the Pesa loan app which os one of the most reliable loan apps in the country.

Pesa loan app 2023

Pesa loan app download link

Read also: Azimio loan app 2023. The loan app with the lowest interest rate after hustler fund in Kenya currently. 

Advantages of Pesa Loan app

Pesa loan app processes loans within 5 minutes. This is a short time considering that some mobile loan apps take as long as 48 hours to process and disburse the loans to a customer’s account.

The registration and application process of Pesa loan app is swift and fully online. No paperwork is needed and the process is automatic, it therefore take a very short time to go through.

Pesa loan also offer cash loans when you visit one of their branches available countrywide. This is reliable especially to those living in the areas where the physical offices are available because they can drop by and have cash loans instantly.

They have numerous physical stores where one can air their grievances or have their questions answered. In these physical stores, one can also acquire cash loans instantly when they present their national ID card.

They give customers up to 365 days to repay their loans. As some platforms offer as low as seven days only for the customers to repay their loans, Pesa loan gives customers a whooping one year to repay their loans. Through this time, a customer can comfortably repay their loans without having to brush shoulders with the lender.

They charge low interest rate. While other apps charge as high as 365% interest per annum, Pesa charge only 12.5% interest per annum. This probably the lowest interest charged by any loan app in the country.

Disadvantages of Pesa loan app

Pesa loan app charges a 5% processing fee on their loans. There are many apps available on Google play store that do not charge any fee apart from the interest. One of such apps is the Azimio loan app.

Pesa loan does not offer loans above Ksh. 50,000. As other apps offer loans up to Ksh. 70,000, Pesa app does not offer loans  any amount above Ksh. 50,000. This inconveniences those in need of high amount of money.

Pesa loan tenure

Pesa loan gives customers repayment period ranging between 61 days and 365 days. The specific repayment period one will get depend on the amount they borrow, the period they set and the interest rate they want to repay the amount with.

Pesa loan amount

Pesa loan offer loans ranging between Ksh. 1,500 and Ksh. 50,000. A customer however starts with a low loan limit then grows their limit as they continue to borrow and repay their loans. Failing to pay loan in time leads to a drop of one’s loan limit.

Pesa loan processing fee

Pesa loan charges a 5% processing fee. This processing fee should not be less than Ksh. 60 and should not be more than Ksh. 600 no matter the amount borrowed by a customer.

Pesa loan example

For instance, 61 day loan with a principal amount of kes 3000, the processing fee would be kes 150 and the interest would be kes 61.64 and the total amount due is kes 3211.64 and monthly payment kes 1605.82.

Pesa loan contacts

Pesa loan does not have a phone number or email address which customers can use to contact them. There is however a email address one can use to contact them when in need and they cant reach one of their physical locations.


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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