ZK Pesa Loan App Kenya is a fast and reliable mobile lending service operated by Chapeo Capital Limited. The app helps Kenyans access instant cash directly on their phones — anytime, anywhere. With flexible loan amounts, transparent interest rates, and easy repayment options, ZK Pesa is one of the most convenient digital lending solutions in Kenya today.
Key Features of ZK Pesa Loan App Kenya
Provider: Chapeo Capital Limited
Loan Amounts: KES 2,000 – KES 40,000
Repayment Period: 91 to 365 days (including loan extension)
Interest Rate (APR): 12% – 36% per year
Daily Interest: 0.03% – 0.06% (plus 20% excise tax)
Monthly Interest: 0.9% – 1.8% (plus 20% excise tax)
Service Fee: KES 0
Late Repayment Fee: 10% per month on overdue amounts
Disbursement Method: Direct to M-PESA account
Customer Support: customersupport@zkpesa.com | +254 207905106
Office Address: 60 Peponi Rd, Nairobi, Kenya
Office Hours: Monday to Saturday, 8 AM to 5 PM
Official Website: https://web.zkpesa.com
Why Choose ZK Pesa?
ZK Pesa stands out among Kenyan mobile loan apps because of its speed, simplicity, and accessibility. With no paperwork or long queues, you can receive your funds within minutes of approval. Whether you need emergency cash, school fees, or working capital, ZK Pesa provides instant solutions right on your smartphone.
Benefits
✔ No collateral required for loan approval
✔ Quick approval and instant M-PESA disbursement
✔ Transparent interest rates with no service fees
✔ Flexible repayment periods from 91 to 365 days
✔ Credit limit increases with timely repayments
✔ AI-powered credit scoring system
✔ 24/7 online access to loan services
✔ Secure and user-friendly mobile interface
How ZK Pesa Works
ZK Pesa uses machine learning and AI technology to assess creditworthiness. The system analyzes data from your phone, including financial transaction patterns, handset details, and borrowing purposes to determine your loan limit. This innovative approach allows for quick loan approvals without traditional credit checks or collateral requirements.
Loan Example Calculation
To understand how ZK Pesa loans work, here’s a practical example:
- Loan Amount: KES 5,000
- Loan Period: 91 days
- Service Fee: KES 0
- Annual Interest Rate: 18.1%
- Total Interest: KES 5,000 × 18.1% × 91/365 = KES 225
- Total Repayment Amount: KES 5,000 + KES 225 = KES 5,225
How to Apply for a ZK Pesa Loan
For Android Users:
- Visit Google Play Store and search for “ZK Pesa Loan”
- Download and install the ZK Pesa app
- Open the app and register with your Kenyan phone number
- Provide your National ID details for KYC verification
- Fill in basic personal information (employment, residence)
- Link your M-PESA account for loan disbursement
- Complete the registration process (takes about 5 minutes)
- Choose your desired loan amount within your approved limit
- Select a repayment period that suits your needs
- Review loan terms and submit your application
- Wait for approval (typically within minutes)
- Receive funds directly to your M-PESA account
For iOS Users:
ZK Pesa operates under the brand name Chapeo Cash on the Apple App Store. The features, terms, and privacy policy are identical to ZK Pesa, as both are controlled by Chapeo Capital Limited.
- Open the App Store on your iOS device
- Search for “Chapeo Cash Loan”
- Download and install the Chapeo Cash app
- Follow the same registration and application process as above
Note: First-time borrowers typically qualify for lower amounts (KES 500 – KES 2,000) based on their creditworthiness. Your loan limit increases with consistent on-time repayments.
How to Repay Your ZK Pesa Loan
Repaying your ZK Pesa loan is simple and convenient. You can repay through:
Option 1: In-App Repayment
- Open the ZK Pesa app
- Navigate to your loan details
- Select the repayment option
- Confirm the transaction
Option 2: M-PESA/Internet Banking
- Use your M-PESA account or internet banking
- Make payment to your linked account
- The system will automatically update your loan status
Option 3: Bank Transfer
- Transfer funds directly to your registered bank account
- The payment will be credited to your loan balance
Important: Always check your repayment amount and due date through the app’s order details page. You can also contact customer service at +254 207905106 for assistance.
Loan Extension Options
If you need more time to repay your loan, ZK Pesa offers extension services:
- Contact customer service at +254 725235235 or +254 738235000
- Log into the app and apply for an extension
- Pay the extension fee within 24 hours
- The extension period equals the original loan duration
- No overdue fees are charged during the extension period
ZK Pesa Loan Fees and Interest
Annual Interest Rate (APR): 12% – 36% per year
Daily Interest Rate: 0.03% – 0.06% (plus 20% excise tax)
Monthly Interest Rate: 0.9% – 1.8% (plus 20% excise tax)
Service Fee: KES 0
Late Repayment Fee: 10% per month on overdue balances
Note: Your specific APR is determined by ZK Pesa’s credit scoring system based on your creditworthiness. Responsible repayment behavior can increase your credit limit and qualify you for lower interest rates.
Eligibility Requirements
To qualify for a ZK Pesa loan, you must:
✔ Be 18 years or older
✔ Be a Kenyan citizen with a valid National ID
✔ Have a registered Kenyan phone number
✔ Own a smartphone with internet access
✔ Have an active M-PESA mobile money wallet
✔ Be employed or self-employed with a stable income
Comparison Table: ZK Pesa vs Other Top Loan Apps in Kenya
| Loan App | Loan Amount (KES) | Interest Rate | Repayment Term | Highlights |
|---|---|---|---|---|
| ZK Pesa (Chapeo) | 2,000 – 40,000 | 12% – 36% APR<br>Late fee 10%/month | 91 – 365 days | No service fee, AI credit scoring |
| OPesa (Tenspot) | 1,000 – 50,000 | 16% – 29% APR<br>Late fee 2.4%/day | From 14 days | Repay via app or M-PESA Paybill 606280 |
| Tala | Up to 50,000 | ~0.3% daily | 21 – 60 days | Quick disbursement, flexible terms |
| Branch | 500 – 300,000 | 2% – 18% monthly | 62 – 365 days | Higher limits for repeat borrowers |
| M-Shwari | 100 – 50,000 | ~9% facility fee | 30 days | Bank-linked, integrated with M-PESA |
Frequently Asked Questions (FAQ)
1. Is ZK Pesa Loan App legit?
Yes. ZK Pesa is operated by Chapeo Capital Limited, a digital lending company licensed and regulated in Kenya under the Companies Act. The app is available on Google Play Store and has served over 5 million customers.
2. How do I repay my ZK Pesa loan?
You can repay directly within the app, through M-PESA, or via internet banking. Check your repayment amount and due date in the app’s order details page.
3. What happens if I miss a repayment?
Late repayments attract a 10% monthly fee on overdue balances. Prolonged non-payment may result in:
- Contact from collections agents
- Being blocked from accessing ZK Pesa services
- Negative impact on your credit score with Credit Reference Bureaus (CRB)
4. How long does ZK Pesa take to disburse loans?
Once approved, funds are usually credited to your M-PESA wallet within minutes.
5. Can I increase my loan limit?
Yes. Consistent on-time repayments improve your credit score within the app’s machine learning system, leading to higher loan limits and potentially lower interest rates.
6. What is the difference between ZK Pesa and Chapeo Cash?
They are the same service operated by Chapeo Capital Limited. ZK Pesa is for Android users (Google Play Store), while Chapeo Cash is for iOS users (App Store). Both share identical terms and privacy policies.
7. Can I cancel my loan application?
Yes. If you haven’t completed or submitted your application, or if you haven’t cashed out yet, the loan application will be automatically cancelled without any action needed.
8. How do I delete my ZK Pesa account?
Contact ZK Pesa at customersupport@zkpesa.com once you have repaid all outstanding debts. Ensure you have no pending dues before requesting account closure.
9. What information does ZK Pesa collect?
ZK Pesa uses machine learning to analyze data from your phone, including handset details, financial transaction messages, and your reason for borrowing. This data helps determine your loan limit and creditworthiness.
10. Are there any hidden charges?
No. ZK Pesa has no service fees, and all charges are clearly displayed before loan approval. Always review your loan agreement in the app to understand the total repayment cost.
Responsible Borrowing Tips
- Borrow only what you can comfortably repay within the agreed period
- Always check the APR and total repayment amount before confirming a loan
- Set reminders for repayment due dates to avoid late fees
- Avoid taking multiple loans from different apps simultaneously
- Contact customer support immediately if you anticipate repayment difficulties
- Make early repayments when possible to improve your credit score
- Keep records of all transactions and communications
- Understand the consequences of loan default on your credit history
Customer Support
📧 Email: customersupport@zkpesa.com
📞 Phone: +254 207905106
📞 Extension Support: +254 725235235 | +254 738235000
🏢 Address: 60 Peponi Rd, Nairobi, Kenya
⏰ Office Hours: Monday to Saturday, 8 AM to 5 PM
🌐 Website: https://web.zkpesa.com
For any questions or concerns, the customer service team typically responds within three working days.
Final Thoughts
ZK Pesa Loan App Kenya continues to serve thousands of users looking for short-term financial solutions. With fast processing, flexible repayment options, AI-powered credit assessment, and direct M-PESA integration, it remains one of the most convenient mobile loan options in Kenya.
Operated by Chapeo Capital Limited, a licensed digital lending company with over 5 million customers, ZK Pesa has built a strong reputation in Kenya’s online financial services sector since its establishment in 2019. The app’s commitment to transparency, speed, and customer satisfaction has made it a trusted choice for Kenyans seeking instant financial assistance.
However, ensure you understand all charges, repay on time, and borrow responsibly to maintain a healthy credit record. Remember that mobile loans should be used for genuine financial needs and emergencies, not as a regular income supplement. Building a strong credit history through timely repayments will open doors to better loan products with more favorable terms in the future.
Disclaimer: This article is for informational purposes only. Loan terms, interest rates, and company operations may change. Always verify current information directly with ZK Pesa before applying for any loan product. Borrow responsibly and within your means.
