Top 15 Free USSD Loan Codes to M-PESA

Learn how to access loans on the go with quick USSD codes to M-PESA. Find the best loan options and enjoy hassle-free application processes.

Sep 4, 2023 - 10:42
 Top 15 Free USSD Loan Codes to M-PESA
 Top 15 Free USSD Loan Codes to M-PESA

In an era where financial solutions are becoming increasingly accessible, the convenience of obtaining loans through mobile phones cannot be overstated. This article delves into the realm of quick USSD loan codes to M-PESA, providing a comprehensive guide to accessing instant loans without needing a smartphone. These USSD codes, often called "Quick Codes," have revolutionized the lending landscape, catering to non-smartphone users and addressing various challenges when seeking loans.

The Significance of USSD Codes for Mobile Loans

The Unstructured Supplementary Service Data (USSD) technology has introduced a game-changing solution for users seeking quick loans. Unlike traditional methods of downloading loan apps and relying on stable internet connections, USSD codes offer a streamlined and efficient approach. By dialing these codes, users initiate a command prompt that guides them through the loan application process. This innovation has democratized loan access, allowing users to apply and secure loans on the go, regardless of their device's capabilities.

Who is M-PESA

M-PESA, a collaboration between Vodafone Group PLC and Safaricom, revolutionized the financial landscape when it was launched in 2007. Focusing on phone-based money transfer, payment, and micro-financing services, M-PESA has become the preferred platform for loan providers in Kenya to disburse funds to borrowers.

M-PESA loans refer to funds extended by loan providers to their customers and subscribers of M-PESA Safaricom. These loans are disbursed upon request and are subject to repayment terms and interest rates agreed upon within a specified timeframe. The convenience of M-PESA loans lies in their accessibility and ease of application, contributing to the financial empowerment of users.

The Power of Quick USSD M-PESA Loan Codes

The introduction of Quick USSD M-PESA loan codes has redefined user loan access. These codes, also known as quick codes, can be dialed directly on mobile phones to initiate the loan application process. Unlike traditional methods that rely on internet connectivity, these shortcodes operate through command prompts, ensuring a hassle-free and efficient experience. Users can access funds, navigate loan applications, and manage their finances without the constraints of device limitations or connectivity issues.

1. Timiza

When it comes to hassle-free loans, Timiza is a trusted name. A service under Barclays Bank, Timiza offers quick USSD loans to both Barclays customers and those without an account. The eligibility criteria include:

  • A valid Kenyan ID.
  • An active MPESA account for at least six months.
  • A favorable credit score with the CRB.

To register, dial *844# on your mobile phone, follow the prompts, and submit your loan request. Timiza provides loans ranging from Ksh 50 to Ksh 150,000, with a low interest rate of 1.17%. A 5% service fee is applicable before loan approval.

2. Okolea

For those seeking flexible loan options, Okolea is a solid choice. With a USSD code available and a mobile app, Okolea offers loans that increase over time as you transact more with MPESA. Register by dialing *842# and providing your personal information. Loan limits start at Ksh 500 for first-time customers, with long-term loans attracting an interest rate of 180% annually. Transferring your loan to your MPESA line is a breeze, making Okolea a convenient choice for mobile borrowing.


KCB MPESA, in partnership with Safaricom, offers USSD loans through a straightforward process. Dial *844# to register, and after approval, your loan is quickly disbursed to your phone. The loan limits range from Ksh 50 to Ksh 1 million, with an attractive interest rate of 8.64%. This loan option is perfect for those who prefer not to use USSD or the app and is accessible to individuals with a good credit rating from CRB.

4. Bayes

Bayes has you covered when you need airtime, bill payment, or emergency funds. By dialing 87999# on your phone, you can register for a loan and submit your application. With a loan range of Ksh 1,000 to Ksh 50,000, Bayes offers flexible options for different needs. While the APR varies from 30% to 120%, Bayes loans do not come with any penalties for late repayments.

5. HF Whizz

HF Whizz provides stable and reliable loan solutions for borrowers. Dial *618# to access HF Whizz loans, with limits ranging from Ksh 1,000 to Ksh 50,000. All loans come with a fixed interest rate of 10%, making repayment predictable and manageable. You can also grow your loan limit over time by transacting more using HF Whizz.

6. Zenka

Zenka is known for its flexible repayment options, allowing borrowers to pay via installments. To start, dial *841# and register with your official name and Safaricom number. Loan limits range from Ksh 500 to Ksh 30,000, with a repayment period of 61 to 180 days. While a one-time service fee of 9% to 30% applies, Zenka ensures quick loan approval for timely financial support.

7. Pesa Pata

Pesa Pata is a newcomer in the USSD loan market, offering fantastic offers and flexible rates. Dial *269# to register and access loans ranging from Ksh 500 to Ksh 20,000. Short-term loans attract an interest of 10% to 30%, while long-term loans come with a stake of 186%. Pesa Pata does not charge penalties for late repayments, providing borrowers with peace of mind.

Top 15 Quick USSD Loan Codes to M-PESA

  1. Bayes: Dial 87999# on the Safaricom network.
  2. HF Whizz: Dial *618# on Safaricom network.
  3. KCB M-Pesa: Dial *844# on Safaricom network.
  4. Okoa Mia: Dial *682# on the Safaricom network.
  5. Okoa Thao: Dial *660# on the Safaricom network.
  6. Pesa Pata: Dial *269# on Safaricom network.
  7. Pesa ChapChap: Dial *339# on Safaricom network.
  8. Zenka: Dial *841# on the Safaricom network.
  9. Timiza: Dial *848# on the Safaricom network.
  10. Sotiwa: Dial 24390# on the Safaricom network.
  11. Zazipay: Dial *322# on Safaricom network.
  12. Okolea: Dial *842# on the Safaricom network.
  13. Fuliza: Dial *234# on Safaricom network.
  14. Mfanisi: Dial *222# on Safaricom network.
  15. NCBA Loop: Dial *654# on Safaricom network.

Accessing Loans Using Quick USSD Loan Codes

To access a USSD M-PESA loan, dial the relevant USSD code for the loan application and follow the prompts. The user-friendly interface will guide you through the loan application process, making it easy to apply for funds swiftly and efficiently.

Repaying Loans Using Quick USSD Loan Codes

To repay a loan using USSD codes, it's recommended to contact the loan application's customer service for guidance. Verify whether the loan repayment can be completed using USSD codes. Ensure that your M-PESA or associated accounts are funded to facilitate a seamless repayment process.

Pros and Cons of USSD M-PESA Loans

While USSD M-PESA loans offer unmatched convenience, they come with their share of pros and cons:


  • No need for an internet connection or smartphone.
  • Collateral-free loans based on credit history.
  • Accessible via USSD codes on any phone.
  • Fast loan approval and disbursal.
  • Potential for increased borrowing limit with responsible repayment.


  • High fees and interest rates.
  • Short repayment periods.
  • Involvement of phone credit for USSD transactions.
  • Limited loan amounts.
  • Potential harassment and debt-shaming from lenders.

Dangers of Mobile Loans

Potential risks accompany the conveniences of USSD M-PESA loans:

  1. Privacy Risk: Lenders may access your phone's data for transaction monitoring and debt collection.
  2. Harassment and Debt Shaming: Defaulting on payment could lead to relentless SMS threats and contact list-based harassment.
  3. Trauma: The emotional toll of harassment and debt shaming can be traumatic.
  4. Chronic Borrowing: Continuous borrowing may lead to a cycle of debt.
  5. CRB Blacklisting: Defaulted loans can result in a lousy credit reputation through credit referencing bureaus.

Are USSD Codes for Loans Worth It?

Despite their advantages, USSD M-PESA loans come with significant risks and drawbacks. The potential for high fees, short repayment periods, and privacy concerns raises questions about their overall worth. As alternatives, individuals can explore personal savings, emergency funds, or even borrowing from friends and family to avoid the pitfalls of chronic borrowing and financial instability.

READ ALSO: M-PESA PayPal: How To Withdraw To Mpesa, Charges, Benefits, Link to Mpesa, Paybill Number and More


Quick USSD loan codes to M-PESA have transformed how individuals access loans, offering a convenient and efficient alternative to traditional lending methods. These codes enable users to apply for loans without needing a smartphone or internet connection, making financial solutions accessible to a broader audience. As technology evolves, USSD codes remain at the forefront of innovation, empowering users to manage their finances and secure loans effortlessly.

Joseph Richard Joseph is a graduate of Mathematics and Computer Science (Applied Option). With expertise in Technology and Finance, he brings his knowledge to the field, demonstrating an authoritative understanding of these interrelated areas. Joseph is pursuing a Master's in Software Engineering, further expanding his skill set.