Zenka (also Koro) is a loan app run by Zenka Digital Limited, a digital credit provider licensed by the Central Bank of Kenya (CBK). It appears in CBK’s September 2026 directory with a licence date of March 27, 2023.
At a glance
| Lender (licensed name) | Zenka Digital Limited |
|---|---|
| CBK licence | Licensed digital credit provider, listed in the directory dated September 2026; licensed March 27, 2023 |
| Loan amounts (published) | KES 500 – 200,000 |
| Repayment term (published) | Up to 91 days (first loan 61 days on Koro) |
| APR / cost (published) | 30% – 4,432% (effective) |
| Other fees and terms | Interest fee 2.45%–39% of principal; processing fee KES 0; paid extensions of 7, 14 or 30 days |
| Customer contact (per CBK) | +254112480254 /+254 20 7650878 · info@zenka.co.ke |
| Office (per CBK) | Mirage Tower, Tower 2, 12th Floor, Waiyaki Way, Westlands, Nairobi |
The terms are what the lender publishes on its Google Play listing; your actual limit, rate and fees are set by its credit scoring and shown in the app before you accept a loan.
Repayment calculator
Prefilled with 30% a year for 91 days from the published terms. Change the amount, rate, term and any upfront fee to match the offer in the app.
App availability
- Zenka Loan App Kenya – Google Play, 10M+ downloads, updated Oct 12, 2026
- Koro Loan App Kenya – Google Play, 1M+ downloads, updated Oct 12, 2026
We checked Google Play only. Download only the listing whose developer matches the lender, and check the lender is in CBK’s directory before borrowing.
Terms as published by the lender
- Customers can express a preference for loans up to 91 days.
- Loan payment terms have an interest fee of 2.45-39%
- Processing Fee: KSh 0.
- Loan Amount: from KSh 500 to KSh 200,000.
- For example, for a 61-day loan with a principal amount of KSh 1,000, the interest fee would be KSh 390 and the total amount due would be KSh 1,390.
- Minimum Effective Annual Percentage Rate: 30%
- Maximum Effective Annual Percentage Rate: 4432%
- Loan extensions give you more control over your loan by letting you postpone your due date by 7, 14 or 30 days.
- Customers can apply for a first loan of a fixed term of 61 days.
- Loan payment terms have an interest fee of 2.45-39%
- Processing Fee: KSh 0.
- Loan Amount: from KSh 500 to KSh 200,000.
- For example, for a 61-day loan with a principal amount of KSh 1,000, the interest fee would be KSh 390 and the total amount due would be KSh 1,390.
- Minimum Effective Annual Percentage Rate: 30%
- Maximum Effective Annual Percentage Rate: 4432%
- Loan extensions give you more control over your loan, allowing to postpone your due date by 7, 14, or 30 days.
How to apply
Install the app from the official listing above, register with your phone number and ID as the app asks, and review the loan offer: it must show the amount, the total cost and the due date before you accept. Loans are usually sent to M-Pesa. Repay through the app or the paybill shown in it. Late repayment can lead to penalties stated in your offer and to listing with a credit reference bureau.
Frequently asked questions
Is Zenka (also Koro) licensed by CBK?
Yes. Zenka Digital Limited is in CBK’s Directory of Digital Credit Providers (September 2026), licensed March 27, 2023.
How much can I borrow on Zenka (also Koro)?
The lender publishes: KES 500 – 200,000. Your limit depends on its assessment.
How much does Zenka (also Koro) charge?
Published cost: 30% – 4,432% (effective). Interest fee 2.45%–39% of principal; processing fee KES 0; paid extensions of 7, 14 or 30 days
More: All CBK-licensed loan apps · Cheapest loan apps compared · All 281 CBK-licensed digital lenders · CRB guide
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