Mojacredit Loan App, Review + Application Process

Learn all about the Mojacredit loan app, how to apply for its loans and get a sneak peek of what users are saying about it.

Carson O.
6 Min Read

Mojacredit, one of the many mobile-based lenders in Kenya may prove beneficial in solving your immediate, but small-scale financial needs. This lender offers fast and reliable loans to its customers directly to their M-Pesa, after completing a simple registration procedure. At the time of this post, this mobile lender boasts over 500,000 Google Playstore downloads and a user rating of 4.3/5.0. In this post, you will learn all about the Mojacredit loan app, how to apply for its loans and get a sneak peek of what users are saying about it.

Important information about the Mojacredit loan app you should know

The Mojacredit loan app was first released on 17th May 2022 and has been receiving regular updates ever since. Since then, the Mojacredit mobile-based lending platform boasts over 500,000 downloads in the Google playstore alone.

The application is compatible with any Android phone with an operating system above Android 4.3 it is also rated for 3+, meaning that it has been scanned and validated to be free from any form of obscene content.

Mojacredit’s mobile-based lending platform offers 24/7 support to its clients so that you never have to be stuck in matters related to loan requests. Get them through their service email: [email protected].

This lending organization is located in Nairobi Kenya, more specifically in PV7V+4Q5, near Sango Stage, along Manyanja Road.

Here is what you need to know before you apply for a digital loan from Mojacredit loan:

Access ApplicationGoogle Playstore
Playstore Rating4.3/5.0
Download Size9-10 MB
Required OSAndroid 5.0 upwards
Email[email protected]
Developer email[email protected]
Offered ByMojacredit
Mojacredit USSD CodeNone
Service fee0%
Loan limit (KES)2,000 – 100,000
Annual Percentage Rate (APR)12% – 24%
Repayment window91-365 days
Additional chargesDefaulters’ penalty
Age Limit18 – 60 years
Minimum RequirementsKenyan Residency

How to apply for a Mojacredit loan on your phone

  1. Download and install the Mojacredit loan mobile app from the Google Playstore.
  2. Notice of terms, conditions and privacy policies will appear on your screen. Click Agree and continue.
  3. Mojacredit loan app will need to access six permissions from the ones listed above. Allow all and proceed.
  4. Agree to the Privacy policy and procedures.
  5. Enter your phone number and obtain a verification code that you will receive through SMS. Proceed to the next window.
  6. Set your login password. Make sure your password is strong, to evade malicious account access.
  7. You will then be directed to the main dashboard. Click on ‘Apply’.
  8. Fill in your registration, personal and contact details accurately. This information will be used to determine your approval. Click Submit
  9. Apply for your loan depending on the loan limit you have received.
  10. Your loan will be deposited INSTANTLY upon approval.

What do people say about the Mojacredit mobile-based lender?

mojacredit loan app

Positive reviews

Efficient and simple to follow, reliable and very helpful in these tough economic times. I can share this app with my friends so that they can access the credit. Apparently, the simplified process makes the application very easy and quick to apply and approval comes in real-time I really enjoyed filling in the required information and especially the date of birth field is designed to make it easier, unlike most apps which are very complicated to fill. Am sure with time the credit limit may improve. Thanks.

5/5 User rating  

A wonderful app. But now I’m getting disappointed. I applied for the fourth loan, and the given limit was sh.4,850, when I hit the withdraw button am told I won’t be able to repay. When I choose less, the app keeps telling me that the amount to be withdrawn is sh. 4,850. Really? Am sorry but I have to review my rating, for that reason, I’ll reduce it to 3 stars.

3/5 User rating 

Straightforward and reliable app. Will not hesitate to recommend it to anyone who wants an emergency loan with low-interest rates.

5/5 User rating 

Negative reviews

Your interest rates are exorbitantly high. Pls if not in a financial fix don’t get money from them. Short repayment days & heavy penalties!! They are robbing instead of assisting people overcome the problems they have in a lenient manner.

1/5 user Rating

After all that long process and taking someone’s id photo and face photo to tell them sorry you can’t offer them a loan😡. Bure kabisa! I don’t recommend anyone at all just wastage of data

1/5 user Rating
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I am a multi-faceted professional with a strong foundation in Business and Finance, honed since 2020. Additionally, I possess a deep passion for automobiles, serving as an avid car enthusiast. In parallel to my diverse interests, I am also a dedicated student pursuing a career in the medical field.

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