Where you can get a quick loan in January



January is the most difficult month of every year for most people, pockets are emptying right now and many are opting for loans from financial institutions. [Photo: Courtesy]

January is one of the hardest and toughest months of every year for most people. Also known as Njaanuary, pockets are emptying right now, with many opting for credit from shylocks and financial institutions.

This is where you can sort your financial needs in Njaanuary.


A product of Safaricoms, it gives you the ability to save as little as Sh1 and earn interest of up to 6.65% per year on your savings balance. This money is transferred to the savings account through M-PESA without any charge.

Mshwari allows you to access a microcredit product of a minimum of Sh100 with a maximum of Sh50.00 at any time and receive your loan instantly to your M-PESA account billed at a 7.5% facility fee. .

Here you can take out a mobile loan for as little as 100 Sh and pay your bills, but if you don’t pay back by the required deadline, Safaricom may blacklist you and therefore you won’t be able to access a loan for much more. important with a bank for a period. it’s as long as seven years.


Previously known as Mkopo Rahisi, it just tells you what you can earn in a short period of time through the app.

It is limited to Safaricom subscribers only because it relies on M-Pesa to send and accept loans and repayments respectively.

Tala’s highest rank is gold where one can borrow up to 50,000 shillings, but loan limits have recently varied from 20,000 shillings to 30,000 shillings.

Your loan limit will depend on your credit and repayment history.


It is a mobile account offered only to M-PESA customers and gives them access to loans with a low interest rate of 1.08% per month and a trading fee of 2.5%.

The cost of the one month loan is 4.08% and can be repaid using M-PESA with excise duty applicable on the trading fees.

“You can access loan limits as low as Sh50 and up to Sh1m,” the KCB M-PESA statement read.

If you use the app, you can just be considered for credit at any time.

My Quick Loan

A UK loan company that provides loans to clients at the lowest rates guaranteed to suit individual circumstances from the UK’s largest range of payday lenders.

If you are in UK and are considering a quick loan, please visit this company.


If you are a permanent or temporary employee, you can make an arrangement with your employer to extend a salary advance until January.

In this case, your employer determines the percentage of the advance granted to you by considering whether the company also knows Njaanuary or not.

It is your right therefore, there is no interest rate.

Benefits of taking these credits


The approval of the loan is instant.

You can make partial payments, Mshwari encourages it.

You don’t need people for security or guarantees.



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