Evidence-governed decision guide

Decision guide: Understanding mobile loan interest rates kenya

Use this guide to compare verifiable facts on one common basis. It does not rank providers or promise availability, eligibility, approval, price or payout time.

1. Compare on one declared basis

Keep product type, amount, term and payment frequency constant. Compare the legal entity, total repayment from disclosed inputs, fees by type, due dates and contract rights. If an input is missing, the result remains UNKNOWN.

— legal entity and register
— total repayment from disclosed inputs
— fees by type
— term and payment schedule
— eligibility only when provider confirmed

2. Apply the intent-specific check: Calculate only from disclosed inputs

Record principal, each disclosed fee, rate basis, term and payment frequency before calculating. Do not compare a monthly rate with an annual measure or omit a financed fee.

— Put every option on the same amount and term
— List fees separately instead of hiding them in a rate
— Leave the result UNKNOWN when an input is absent

3. Verify with the official source

Central Bank of Kenya

Official resource: CBK Directory of Digital Credit Providers Official resource: Digital Credit Providers Regulations, 2022 Official resource: Office of the Data Protection Commissioner Official resource: Higher Education Loans Board application steps

Evidence checked: 2026-09-25

UNKNOWN

Provider-specific facts that remain UNKNOWN

A provider must confirm availability, eligibility, approval, rate, fees and timing in its current disclosure or offer. UNKNOWN never means zero, free, approved or unavailable.

Transparent calculation boundary

Total repayment = principal + disclosed interest + disclosed fees. A periodic payment may be derived only when all inputs use the same term and payment basis. No sample values are inserted.

Related governed guides

Credizen

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Editorial review not recorded.

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Kenyan Financial Regulators: CBK · ODPC · CMA · FSD Kenya