Umba allows users to apply, drawdown and repay loans directly from their smartphone or desktop computer. Once an individual is verified, we make lending decisions based on an assigned risk rating.
What do people use Umba for? Plenty of things, like:
Getting a Mobile Money Loan
Apply mobile money loan in seconds. Receive mobile money to your M-Pesa account.
Finance a Purchase - Shop Now, Pay Later
Umba LoanPay is supported on a number of merchant websites! Simply, select Umba LoanPay at checkout to finance your purchase. Buy now and pay over time with Umba LoanPay.
Finance a Utility Bill
Add your utility accounts in the Umba App and finance your utility bills! Pay for water, electricity, internet, and more.
A secure and fast way to send money! Pay Utility Bills in other countries with a few taps.
IT'S EASY TO GET STARTED
Create your account
Apply in seconds
Receive an Umba Loan
Increase your loan limit every time you repay a loan on time
KEY UMBA FEATURES: LOANS ARE JUST A TOUCH AWAY
Umba puts you in control of your finances. The Umba app lets you apply for credit on the go and it works 24/7.
No paperwork, collateral or office visits needed
You can use your Umba loan to send money directly to your M-Pesa account, to merchants, or utility providers
No late charges or rollover fees
Get access to bigger loans, lower fees, and flexible payment terms as you repay
Loans are approved and disbursed quickly
Get access to credit to build the life you want -- for your business, your home, your family, your life.
SAFE AND SECURE
Umba makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.
RATES AND FEES
Loan amounts and interest rates vary by country.
Limits and fees on transactions vary based on type of transaction including transaction history, payout location, payment instrument, and delivery method.
Loan Amounts: Ksh 264 to Ksh 20,000
Repayment Periods: 62 days
APR: 22% to 240%
Example Fees: For a loan of Ksh 10,000, a flat fee of Ksh 2,160. No late fees, rollover charges, or origination fees.
We love hearing from our customers so please let us know on the details below if you have any questions or comments.
Questions? Our Customer Experience Team provides excellent support for your financial needs, from 8AM-5PM, Monday through Friday. Message us within the app and receive an answer in minutes!