How to download, register, apply and repay Zenka Loan app for interest free loan

Zenka mobile loan app

Zenka mobile loan app is is a product from Zenka Kenya that has taken Kenyans by storm through it unique and friendly features to customers.

Unlike most mobile loan apps, in Zenka loan app a customer can conveniently access a loan without necessarily having a smart phone. In addition to this, loans offered at Zenka  loan app are interest free  and no hidden charges, this therefore means that if you successfully secure a loan of Kes 1250, you will repay back exactly Kes. 1250.

Customers applying for personal loans through loan app on a smart phone can enjoy loan  ranging from Ksh 500 to Ksh 20,000, while those applying via USSD can secure loan ranging from Ksh 500 to Ksh 10,000.

How to register with Zenka on an Android smartphone

To register with with Zenka on an android smartphone follow these steps:

  1. First open the Google play store to download and install the Zenka loan app on your phone or click here.
  2. Open the app and honestly enter your personal details
  • Your first name
  • Your last name
  • your national ID
  • Education level
  • Source of income
  • Net monthly income
  • email
  • Select a security question
  • Answer to the security question

3. Create a 4-digit pin.

4. Click on the link shown to read the Terms and Conditions for the loan.

5. Click on the “Agree and sign up” button.

6. If successful, you will receive an SMS with a 4-digit verification code.

7. Enter the code and click “Done”.

How to register for Zenka Loan via USSD code *841#

To register for Zenka loan via USSD, dial the USSD Code *841# and follow the steps that will prompt on your screen.

How to apply for a loan via USSD

  • Dial *841#
  • Enter your user PIN and select “Apply for a loan” option.
  • A notification will be displayed showing your loan limit
  • Select “Apply for Full Limit” or enter your desired loan amount.
  • Select the loan repayment period, and you’re done.

If the loan application is successful upon verification, the loan amount will be dispatched straight to your M-Pesa account.

How to repay Zenka loan via USSD

Follow these steps to repay Zenka loan.

  1. Dial the *841# on your phone
  2. You will be prompted to enter your secret 4-digit PIN.
  3. Select the “Repay” menu option; your current loan balance will be displayed.
  4. follow the system user prompts to complete payment
  5. You will then receive an SMS notification, and your loan will be closed.

Zenka Loan penalty for late payment of loan

Zenka lonee should be informed that a 1% penalty rate from outstanding principal will be applied per each day of delay. It is important to repay the loan timely so that credit history is not negatively impacted.

How to apply for Zenka Loan Extension

Once you have satisfied the requirements to receive a loan extension, kindly follow these steps:
1. Dial the USSD Code *841#,
2. Enter your 4-digit PIN,
3. Select [Extend] and check information about cost and term,
4. Select one of the available terms,
5. Follow the payment link and wait for SMS notification.
After your extension payment is successfully processed the due date of your loan will be updated.

Zenka Member Get Member-MGM (How it works)

Member Get Member-MGM is a program that enables Customers that have downloaded the Zenka App to get kes. 100 for referring  friends. Each of Customers may recommend to his Friends products offered by Zenka by clicking on the INVITE A FRIEND button on personal account view on Customer Profile.

Thereafter the system will generate automatically a referral link with special promo code that can be passed to a invited Friend. The link can be send via communicator such as SMS or Messenger.

Then when the invited person receives specially prepared link referred on point 3.3. he/she
should click on the link download the Zenka App and apply for the first loan offered by Zenka via Zenka App.

When the loan referred  is granted and then it is paid on time the Customer will
receive KES 100 for next loan. This KES 100 will increase the main loan capital for KES 100, for instance if you applied for the next loan in amount of KES 1000, in the fact you will receive KES 1100.

Each Customer may benefit multiple each time successfully invites a unique Friend who met the MGM conditions.

Zenka loan App Contact, Email and Website

Phone: 254207650878
Website: zenka.co.ke