Tala loan provides you the fastest loan in Kenya, and has served millions of loans to millions of Kenyans over the last few years via the Tala mobile Android app.
Everyone can qualify for a Tala loan as long as they have an android powered phone, a national ID, and a registered Safaricom M-Pesa SIM card.
Loan limits
There are three loan limits:
- Bronze: This is the beginner level. The loan amount granted at this level ranges between Ksh 500 to Ksh 4,999.
- Silver. At this level, the minimum loan limit is Ksh 5000 and the maximum loan limit is Ksh 9,999
- Gold: The minimum loan limit for this level is Ksh 10,000 and the maximum loan limit is Ksh 50,000 The loan limit expands gradually as long as you keep the app installed on your phone and pay your loans on time.
How do I apply for a Tala loan? (New customers)
To apply for a loan, download the Tala app here http://inv.re/5nmq . Then sign up and fill out a short application on the Tala app. The application should only take a few minutes.
Before you get started with loan application, you need to:
- Download the app from Google Play Store first.
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Answer a few questions.
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Key in your Safaricom M-Pesa phone number.
Note: Downloading the app is a must for you to be able to register.
Anyone with an Android smartphone in Kenya can apply for a loan and receive an instant decision, regardless of their financial history. Tala provides fast, personalized loans to approved borrowers and build digital credit history.
iOS iPhone and Windows phone users, for now, have to be patient until a Tala app that is compatible with their iOS is developed.
Loan Repayment
You can repay your loan with M-PESA Xpress or via Tala Paybill 851900. Use your Tala registered phone number as the account number.
Tala loan contacts
In case of any complaints or inquiries, you can contact Tala Kenya using the following details:
Email address: hellokenya@talamobile.com
The in-app chat platform
Twitter account: @TalaKenya
Facebook page: Tala
Sending an SMS to 21991.