The micro-loan industry in Kenya has exploded in the past decade, offering fast mobile credit solutions to millions of borrowers who need emergency money for transport, airtime, food, or short-term cash gaps. One of the newest and trustworthy digital lenders serving Kenyans today is the Wooden Loan App, an app designed for quick micro-loan access with instant approval and M-PESA disbursement.
Unlike unregulated loan apps that have flooded the Kenyan market, Wooden Loan is a legitimate digital loan product owned by Zamaradi Capital Limited, a Central Bank of Kenya (CBK) licensed lender, fully approved to lend to Kenyans under national financial regulations. Borrowers can therefore trust that their data, lending process, and credit disbursement follow the required national standards — just like Tala, Branch, Zenka, Koro, KCB M-PESA, and other licensed lenders.
Zamaradi Capital Limited operates in Kenya as a CBK Approved Digital Lender (Zamaradi Capital Ltd via Wooden Loan App) — meaning the company has met capital, consumer protection, and risk compliance checks required by the regulator.
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| Wooden Loan App |
Read Also; How to Download and Apply for TumaCash Loan App Loans
What Is the Wooden Loan App?
Wooden Loan is a mobile-based micro-credit platform that allows Kenyans to borrow small loans conveniently through their phones. It is ideal for:
✔ Emergencies
✔ Short-term needs
✔ Cash flow gaps
✔ Individuals without physical collateral
✔ Young borrowers needing quick mobile credit
The app was built with speed, convenience, and simplicity in mind.
Note: Though the Kenyan loan market has many apps, only a few are regulated. Wooden Loan is one of the platforms backed by a CBK licensed lender, ensuring legitimacy.
Wooden Loan App Features
| Feature | Details |
|---|---|
| Loan Range | KSh 1,000 – KSh 10,000 |
| Interest Rate | As low as 15% APR per year |
| Repayment Term | Up to 90 days (3 months) |
| Loan Approval | Instant approval with fast disbursement |
| Disbursement | Funds sent direct to M-PESA |
| Lender | Zamaradi Capital Limited (CBK Licensed Digital Lender) |
| Repayment Method | Via the app using M-PESA |
| Customer Care | +254 797 295 302 |
| Processing Speed | Real-time AI credit assessment |
Who Can Apply for a Wooden Loan?
The Wooden Loan app targets Kenyan borrowers who meet the following minimum eligibility criteria.
Loan Requirements for Applicants
To successfully apply for a loan, one must have:
✅ A Kenyan citizen living in Kenya
✅ A smartphone (Android)
✅ A valid National ID (18 years and above)
✅ A registered Safaricom line with active M-PESA
✅ Stable mobile number for verification
✅ Ability to repay within up to 90 days
The app does not require guarantors or physical collateral for these small loan limits.
How to Download and Apply for Loans on Wooden Loan App
Applying is seamless and digital from start to finish.
Step-by-Step Loan Application Process
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Download the Wooden Loan App from Google Play Store
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Sign up using your mobile number and National ID
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Complete your personal profile
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Verify your identity using the provided prompts
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Select a loan amount between KSh 1,000 and KSh 10,000
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Choose a repayment term (up to 90 days)
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Submit the application for instant processing
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Receive funds instantly to your M-PESA wallet if approved
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Repay the loan within the app using M-PESA before the due date
Loan processing is instant, and once approved, disbursement is fast.
Loan Repayment – Done Through M-PESA
Loan repayments on Wooden Loan are strictly made through the app dashboard using M-PESA.
Key Repayment Details
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Payments are initiated from inside the app ✅
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No bank visits or manual paybill entry needed ✅
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Due date of up to 90 days depending on loan option ✅
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Failure to pay may affect your CRB score as Zamaradi Capital reports borrower activity ✅
Pro Tip: Always pay early where possible — it increases future loan limits and approval chances.
Is Wooden Loan App Legit?
Yes. Wooden Loan is a legitimate loan app backed by Zamaradi Capital Limited, a CBK licensed digital lender. This means:
🔹 It is regulated in Kenya
🔹 It performs legal credit scoring
🔹 It disburses loans to M-PESA, not random bank accounts
🔹 It has a verified customer care line
🔹 It is similar to licensed and trusted apps like:
TumaCash, Branch, Tala, Zenka, Koro, KCB M-PESA, M-Shwari, Fuliza, and Koro.
You are safe borrowing from the app as long as you borrow responsibly and understand the cost.
Side-By-Side Comparison of Top Micro-Loan Apps in Kenya
| Provider | Loan Range | Repayment Term | Interest / Fees | Licensed by CBK? | Disbursement | Repayment |
|---|---|---|---|---|---|---|
| Wooden Loan (Zamaradi Capital Ltd) | 1,000–10,000 | Up to 90 days | ~15% APR p.a (subject to terms) | ✅ YES | M-PESA | M-PESA via app |
| TumaCash | 500–20,000 | 7–30 days | Fees + interest (varies) | ✅ YES | M-PESA | M-PESA |
| Zenka | 500–200,000 | 7–30 days | Daily interest (high effective rates) | ✅ YES | M-PESA | M-PESA |
| Branch | 250–300,000 | 4–48 weeks | Up to 15% per month | ✅ YES | M-PESA/Bank | M-PESA/Bank |
| Koro | 500–200,000 | 7–30 days | High daily interest | ✅ YES | M-PESA | M-PESA |
| Upstand Ventures | Varies by product | Very short term | Often high fees | ❌ Not a common retail lender brand | Mobile Wallets | Mobile Wallets |
| Upstart Ventures | US-based lender | Long term | From 6.4% APR+ | ✅ (USA regulated, not Kenyan) | Bank | Bank |
| Upstart (US Fintech) | 1,000–50,000 USD | 36–60 months | AI risk-based APR | ✅ USA licensed only | Bank | ACH/Bank |
Summary: Excluding international lenders, Wooden Loan competes strongly in Kenya’s micro-loan category, offering better repayment flexibility (90 days) compared to most apps that pressure borrowers into 7–30 day repayment plans.
Wooden Loan App Contacts
For support, inquiries, complaints, or guidance, users can reach Wooden Loan through:
📞 Customer Care: +254 797 295 302
Borrowers are advised to always use official support channels within the app or this customer care number if they experience any issue.
Conclusion + Borrower Advisory
While Wooden Loan is regulated, legitimate, and reliable, borrowers must still be cautious. Mobile micro-loans in Kenya—and even in America—often come with:
⚠ High fees relative to loan size
⚠ Short repayment durations
⚠ High effective interest rates despite low advertised APR
⚠ Debt cycle risk if you borrow repeatedly without a plan
Even apps like Branch, Tala, Zenka, TumaCash, and Koro — though licensed — can feel expensive because they serve short-term, high-risk borrowers.
Borrow Safely, Borrow Smart:
✔ Borrow only if necessary
✔ Pick a loan you can repay without strain
✔ Avoid stacking multiple loan apps at once
✔ Pay on time to protect your CRB score
✔ Remember: loans are helpful but costly
Digital loans are a financial tool, not free money.
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