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Zenka Loan App: How to Apply for Mobile Loans in Kenya

ByElizabeth Atieno

Jun 16, 2023
Zenka Loan App How to Apply for Mobile Loans in Kenya

Last updated on December 3rd, 2023 at 08:56 am

Zenka Loan App is a mobile loan lending platform that offers personal finance solutions to Kenyans. It has features that give users more flexibility and control over their finances. Zenka is recommended by Loanappskenya because it has a simple and easy registration and application process, and users can get their loans through their M-Pesa accounts.

Zenka is a fintech company that has Robert Masinde as one of its co-founders. Robert Masinde is a Kenyan entrepreneur who has contributed to the financial sector through Zenka, a mobile loan lending app. Zenka Loan App was launched in December 2018 by Robert Masinde and his foreign partners Lucas Notopolous and Krzysztof Lodykowski, who is the chief marketing officer, as reported by Crunchbase. The Zenka loan app was registered under Zenka Digital Limited, which is a licensed and registered digital loan lender in Kenya that follows the Central Bank of Kenya lending policies. However, Centwarrior claims that Zenka is owned by the Pata Mkopo company.

How does Zenka loan work?

Now, let me explain how this Zenka loan thing works. Imagine you want to buy a toy, but you don’t have enough money right now.

Therefore, you can open the Zenka app on your phone and ask them for a loan. They will check some important things, like how much money you need and when you can pay it back.

If Zenka says yes, they will send the money to your phone, just like magic! But remember, this is not free money. These digital lenders will ask you to pay the money back later, usually after a few days or weeks. They might also add a little extra money called interest, which is like a small fee for borrowing the money.

To pay Zenka loan back, you can use your own money or even borrow some more if you still need it. It’s important to pay them back on time, just like when you promise to return a toy you borrowed from a friend. If you don’t pay on time, the lenders might ask for more money, and that’s not good, right?

So, it’s like having a kind friend who lends you money when you need it, but you have to be responsible and give it back. Remember, borrowing money is a serious thing, and it’s important to use it wisely and only when you really need it.

Isn’t it fascinating how Zenka loan app can help people in times of need? Just like superheroes, they come to the rescue when someone needs money urgently. But always remember, to be responsible and thoughtful when it comes to borrowing and lending money.

How to Download Zenka app( Zenka loan app download)

Here the steps for Zenka loan app download:

Step 1: Open the App Store or Google Play Store

To begin, unlock your smartphone and locate the App Store (for iOS users) or the Play Store (for Android users). These stores are the official platforms for downloading apps.

Step 2: Search for “Zenka”

Once you’ve opened the App Store or Play Store, you’ll find a search bar at the top. Tap on it and type “Zenka” in the search field. Hit the search button or press enter.

Step 3: Select Zenka App from the Results

After the search is complete, you should see a list of apps related to your search. Look for the Zenka App and click on it to access the app page.

Step 4: Install the Zenka App

On the Zenka loan App page, you’ll find an “Install” or “Get” button. Tap on it to start the installation process. You may be asked to provide necessary permissions for the app to function correctly. If prompted, go ahead and grant the permissions.

Step 5: Wait for the Download and Installation

The Zenka App will begin downloading, and you’ll see a progress bar indicating the download status. Depending on your internet connection, this process may take a few moments. Once the download is complete, the app will automatically install on your device.

Also Checkout: Full guide on how to apply this app loan

Step 6: Launch the App

You’ve successfully downloaded and installed the Zenka App on your smartphone. Locate the app icon on your home screen or app drawer and tap on it to open the app.

How to Register for Zenka loan

What you need to do after you’ve installed the Zenka App.

Here’s a simple guide on how to register for a Zenka loan:

  • Step 1: Download the app and open it up.
  • Step 2: Look for a button that says “Sign up” and tap on it.
  • Step 3: You’ll see some empty boxes where you need to type your first name, last name, and your National ID number.
  • Step 4: Next, you get to choose a special question and give an answer. This helps keep your account safe.
  • Step 5: Now, it’s time to create a special secret code that only you know. It should be four numbers long. Choose a number that you can remember easily, but don’t tell it to anyone else!
  • Step 6: There will be a link for you to click on. It will show you some rules that you need to read. These are called “Terms and Conditions.” It’s important to know what you’re agreeing to when you use the app.
  • Step 7: Once you’ve read the rules, find a button that says “Agree and sign up.” Give it a tap. You’ll receive a message on your phone with a four-number code.
  • Step 8: Look at your phone and see if the code is already there. If not, type it in the box and tap “Done.”


This how you can register for Zenka loan, and start applying.

Frequently asked questions

Why is Zenka not giving me loan?

This creditors may not be giving you a loan due to various reasons such as incomplete documentation, low credit score depending on how much you asked, or a history of loan defaults. It is crucial to ensure all requirements are met and maintain a good credit profile to increase your chances of loan approval. Contact Zenka’s customer support for specific details regarding your loan application.

How do qualify for Zenka loan?

To qualify for a Zenka loan, you need to meet certain requirements. These include being a Kenyan citizen or resident, having a valid mobile number and an active M-Pesa account, being over 18 years old, and having a good credit history. Additionally, you should ensure that you provide accurate information and meet the loan’s terms and conditions.

Who owns Zenka loan app?

Zenka loan app is owned by Zenka Finance limited, a leading financial technology company. With its user-friendly interface and quick loan disbursal process, it has become a popular choice for individuals seeking convenient and accessible financial solutions. Zenka Finance is committed to providing transparent and reliable loan services to its customers.

How long does Zenka take to process a loan?

It typically processes loans within 5 minutes. The application process is quick and hassle-free, allowing borrowers to receive funds promptly. With Zenka’s efficient loan processing system, you can expect timely financial assistance when you need it the most.

How much can i borrow from Zenka for the first time?

The amount you can borrow from this app for the first time varies depending on several factors, such as your creditworthiness and repayment history. Zenka offers loans ranging from ksh. 500 to Ksh. 20,000 to eligible borrowers. The specific loan amount you qualify for will be determined during the application process.