Okash Loan: How to Apply and Repay Mobile Loans in Kenya

  • Currently, there are over twenty instant mobile-based loans products in the Kenyan market.

    OKash is one of the most popular mobile loan app, having differentiated itself from the rest by incorporating modern technology.

    The Micro-lending product was launched back in March 2018 and is owned by Opera group, the maker of the popular Opera mini browser.

    Currently, the app has one of the highest maximum limits in the market. Also, Okash has more than 1 million downloads on Google Play.  

    If the app looks like something you would try, keep reading this article to find out how you can request for an instant loan when the need arises.

    How to register on Okash loan app

    Registering on Okash loan app requires you to first download the application and then create an account. 

    You should take note that only those who are between 20 and 55 years of age are qualified for the loan. 

    At the moment, the application is only available in the Android version. 

    However, plans are underway to make the app accessible to iOS and USSD. 

    Below is the procedure for downloading the app:

    Go to google play store

    Type “Okash” in the search box

    Once the app pops up, click the ‘Install’ button

    After installing the app, you will be required to create your account for you to access services on the app. Below is the procedure of creating a users account.

    1. Open the app on your device

    2. Click the sign-up button

    3. Fill in your details.This includes:

    a) Your Legal name

    b) The national ID number (applicants  should be 20-55 years)

    c) The DOB (Date of birth)

    d) Your Education level

    e) Details of outstanding loans

    f) Marital status

    g) Monthly income

    h) Employment details

    i) Residential area

    j) Referee’s Legal name

    k) Referee’s Mobile Number

    4. Verify your phone number

    5. Activate your account

    Once your account is active, the app analyzes your details to determine your loan limit.

    Your credit score will be determined by your previous borrowing history.

    The loans given out by Okash have a maximum of Ksh 500,000 and are given out within a very short period after application.

    These loans attract a 5 per cent interest and take a maximum of 14 days to be repaid.

    Applying for a loan from Okash

    Here is a step by step procedure when applying for a loan from Okash Loan App.

    1. Open the Okash app on your device

    2. Log in to your account

    3. Check the Loan limit displayed

    4. Choose the amount you want to borrow (This should be less or equal to your loan limit)

    5. Choose the duration of the loan. (This should not be more than the maximum which is 14 days)

    6. Apply

    The loan will be sent to the Mpesa number you registered with. You are required to repay the loan on time to avoid a negative credit report by the CRB.

    Also, regular borrowing and repaying increases your loan limit which means you will have access to larger amounts when borrowing from the app.

    Repaying a loan from Okash

    1. Open the Okash app on your device

    2. Log in to your account

    3. Select “Make a repayment” (The app will automatically redirect you to the Mpesa menu.)

    4. Fill in the required details (Including your Mpesa pin)

    5. Repay

    Once the transaction is successful, you will receive a notification message from both Mpesa and Okash showing that the loan has been repaid.

    How to grow your OKash loan limit 

    OKash believes in making sure customers access funds that they can comfortably repay.

    As such, the app primarily relies on customer data to determine subsequent loans.

    Apart from your repayment habit, other factors may contribute to growth in your loan limit.

    For example, if your referee downloads the OKash app and services a loan successfully, you are likely to get a better loan limit. 

    Other features of the OKash App 

    a) Facial recognition 

    In a bid to tighten security on the app and protect your personal information, OKash added a facial recognition feature.

    You will set up this feature by uploading a selfie and photos of the back and front of your ID. Note that you will not receive a loan via the app unless OKash can authenticate your identity. 

    b) Referral code bonus 

    When you share your OKash referral code with friends and family, you will earn a bonus.

    Therefore, the more people you invite to the app, the more you will receive.

    The most recent version of the app ( has a new product that requires you to pay fees upfront. 

    Okash loan contacts

    The first way they can be reached is through email, help@o-kash.com you can use your mobile number as the subject of your email.