Zenka Digital, a mobile-based lending platform, has made a significant impact in the Kenyan market, with a substantial user base of over 5 million downloads. In this article, we will provide a comprehensive analysis of the platform, highlighting its strengths and limitations, to aid individuals in making a well-informed decision when seeking loans. Through a detailed examination of the features and capabilities of Zenka Digital, you will gain a deeper understanding of the app and be able to evaluate whether it aligns with their lending needs.

Contents

Here are important details about the Zenka loans app you need to know Pros Cons Permissions How do I check my Zenka Loan Limit?

Here are important details about the Zenka loans app you need to know

Access Application	Google Playstore/ Apple Store
Playstore Rating	4.2/5.0
Download Size	11-12 MB
Required OS	Android 4.4 onwards
Email	[email protected]
Offered By	Zenka Digital
USSD Code	*841#
Alternative Application Method	N/A
Registration fee	First-Time Interest of 9%-39%
Loan limit (KES)	500-30,000
Interest rate	70.1% per annum
Repayment window	61-180 days
Additional charges	Defaulters’ Interest
Age Limit	18 Years
Minimum Requirements	National ID, M-Pesa History
Repayment Paybill Account Number	979988 Your Registered Phone Number

zenka loans app Details

Pros

No hidden fees
Very simple and easy to register
Disbursement of the loan is very fast

Cons

The mobile-based lender shares your location, your name, User ID, financial information and device IDs with third parties.
Users have reported difficulty accessing another loan after repayment of the previous one.
High-interest rates

Permissions

Zenka Loans App has a wide array of permissions as listed below;

Contacts
Messages
Financial info
App Activity, info and performance
Location
Device ID

How do I check my Zenka Loan Limit?

Being a first-time user or not, checking your loan limit is a really simple process. All you need is the application and you are good to go. Here are the steps:

Log in to your Zenka account
Details of your loan limit will be displayed in the app. Otherwise, the app will advise you to try again later.
You can also call or email Zenka Digital support.

CONTACTS
Phone: +254 (0) 207650878
E-mail: [email protected]
Facebook Page

Address Line
Mirage Tower 2, 12th floor,
P.O. BOX 29107-00100
Nairobi
Kenya