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Loop Pesa Loan App Review: Limits, Features, Eligibility & How to Apply

As mobile lending continues to grow in Kenya, Loop Pesa has emerged as one of the most reliable personal credit solutions designed for salaried and non-salaried users. It provides a revolving line of credit, allowing borrowers to access funds any time after one successful approval.

This article explores everything you need to know about Loop Pesa—loan amounts, interest rates, repayment periods, eligibility requirements, application steps, and how it compares with other popular loan apps in Kenya.

Loop pesa loan app Kenya
Loop Pesa Loan App

Read Also;  How to download and get loans from PesaIn Loan App

What is Loop Pesa?

Loop Pesa is a digital credit platform that offers personal line-of-credit loans to Kenyan users. Unlike typical mobile loan apps that require fresh applications every time, Loop Pesa gives customers a continuous credit limit. Once approved, you can borrow anytime within your assigned limit without reapplying.

It is designed to provide fast, flexible, and convenient digital loans, especially for users who frequently need small to medium short-term funds.

Loop Pesa Loan Features

Here are the key features that make Loop Pesa stand out:

1. Loan Limits

  • Minimum: KSh 6,000

  • Maximum: KSh 40,000

  • Credit limit can increase with good repayment history.

2. Repayment Period

  • 100–300 days, depending on the amount borrowed.

3. Annual Interest Rate (APR)

  • Between 13% and 29%

4. 24/7 Access to Credit

After your initial application is approved, you can borrow anytime without reapplying.

5. Fast Approval

Loans are processed instantly, and disbursement is made quickly to your M-PESA wallet.

6. Simple Requirements

No collateral or paperwork is needed—just your identification and mobile number.

7. Easy Repayment

Borrowers can repay via M-PESA or within the app using the repayment menu.

Loop Pesa Loan Requirements

To qualify for a Loop Pesa credit line, you must:

  • Be a Kenyan citizen

  • Be 18 years and above

  • Have a valid national ID

  • Own a registered M-PESA number

  • Have a stable income or consistent transaction activity

  • Successfully complete verification on the app

How to Download the Loop Pesa App

You can access Loop Pesa by:

  1. Visiting your phone’s app store and searching “Loop Pesa”

  2. Downloading and installing the official app

  3. Registering your account with your mobile number

How to Apply for a Loan on Loop Pesa

Follow these simple steps:

1. Register Your Account

Open the app and create an account using your mobile number.

2. Fill Out Basic Information

Provide your personal details such as:

  • ID number

  • Date of birth

  • Employment or income details

3. Get Your Loan Limit

The system will assess your data and assign you a personal credit limit.

4. Borrow Anytime

Choose your preferred loan amount and submit.
Funds are disbursed instantly to M-PESA.

5. Repay on Time

Good repayment habits unlock larger loan limits over time.

Loop Pesa Customer Care Contacts

  • Phone: +254 0789438681

  • Email: Looppesakenyaservice@outlook.com

Is Loop Pesa Legit?

Yes. Loop Pesa is a legitimate loan platform offering transparent credit services with reasonable APR, flexible durations, and a revolving credit structure. It is part of the recently stored trusted apps list you can confidently borrow from.

Comparison: Loop Pesa vs Other Loan Apps (PesaIn, Sulu Cash, Raha Pesa, etc.)

Below is a quick comparison to help borrowers understand how Loop Pesa ranks against other digital lenders stored in memory.

Loan Apps Comparison Table 

Loan App Loan Amount Range Repayment Term APR / Interest Rate Special Features Contacts
Loop Pesa KSh 6,000 – 40,000 100–300 days 13% – 29% Revolving credit line, borrow anytime +254 0789438681, Looppesakenyaservice@outlook.com
PesaIn KSh 1,000 – 150,000 61 – 91 days 18.5% – 65.5% APR Fast loans, transparent fees, unsecured, higher limits with time service@pesain.net, WhatsApp +254 108394589
Sulu Cash KSh 1,000 – 50,000 91 – 180 days 15% – 35% APR Instant M-PESA disbursement, simple requirements cs.help.sulucash@jiranilabs.com, +254 0207905198
Raha Pesa KSh 5,000 – 500,000 91 – 180 days 16% – 34% APR No documentation required, high limit loans cs.rahapesa.android@mkulimapay.co.ke, +254 207905941
PawaKash (Stored range not specified) Short-term Competitive APR Fast M-PESA loans —
FairKash+ (Stored) Short-term Affordable rates Instant approval —
Choice Sasa (Stored) Short-term Low interest Trusted digital lender —
Beta Pesa (Stored) Short-term Friendly terms Flexible borrowing —

Final Thoughts

Loop Pesa is ideal for users who want:

  • A line of credit they can reuse anytime

  • Moderate loan limits

  • Longer repayment periods compared to most short-term lenders

  • Transparent interest rates and fast approval

It works perfectly for anyone needing occasional financial support without reapplying for new loans each time.

If you're comparing options, Loop Pesa fits somewhere between fast-cash apps like PesaIn and high-limit apps like Raha Pesa, making it a strong all-rounder in Kenya’s digital lending space.


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