Mokash Loan App Discontinued in Kenya: What Went Wrong and 5 Top Alternatives for 2025

If you’ve been a user of the Mokash loan app, you might have noticed it’s no longer available for download on the google playstore. This has left many Kenyans searching for answers and reliable alternatives. In this article, we’ll explore why Mokash was discontinued, what it means for borrowers, and recommend 5 trusted loan apps you can turn to in 2025.

What Led to the Discontinuation of Mokash?

Mokash was once a popular choice among mobile loan apps in Kenya, offering quick loans through M-Pesa. However, the app has since been removed from the Google Play Store, leaving users wondering what happened. Here are the key reasons behind its shutdown:

1. Regulatory Pressure: The Central Bank of Kenya (CBK) has been tightening regulations on digital loan apps to protect consumers from high-interest rates and unethical practices. Mokash, like many others, may have struggled to comply with these new rules.
2. Market Competition: The mobile lending space in Kenya is highly competitive, with apps like Branch, Tala, and Okash dominating the market. Mokash may have found it difficult to retain its user base amid this fierce competition.
3. User Complaints: Some borrowers reported issues such as high-interest rates, hidden fees, and poor customer service. These negative experiences likely contributed to the app’s decline.
4. Operational Challenges: Running a mobile loan app requires significant resources, including robust technology and customer support. Mokash may have faced internal challenges that made it unsustainable to continue operations.

5 Reliable Alternatives to Mokash in 2025

If you’re looking for a dependable online loan app in Kenya, here are five excellent alternatives to Mokash:

1. Branch
   Branch is one of the most popular mobile loan apps in Kenya, offering loans of up to KES 70,000. It uses your phone data to assess your creditworthiness, making the application process quick and hassle-free.
2. Tala
   Tala is another trusted instant loan app that provides loans ranging from KES 500 to KES 50,000. It analyzes your financial behavior to offer personalized loan options.
3. Okash
   Okash is a user-friendly digital loan app that offers short-term loans of up to KES 50,000. Its flexible repayment terms make it a favorite among many Kenyans.
4. Zenka
   Zenka is ideal for small, quick loans. You can borrow up to KES 20,000 and repay within 30 days. Additionally, it helps you build your credit score over time.
5. M-Shwari
   M-Shwari, a product of Safaricom and NCBA Bank, is one of the most trusted M-Pesa loan apps. It offers loans from KES 100 to KES 50,000, making it a reliable option for many.

Tips for Choosing the Right Loan App

With so many mobile lending apps in Kenya, it’s crucial to choose one that meets your needs. Here are some tips to help you make the right decision:

• Compare Interest Rates: Look for apps with fair and transparent rates.
• Check Repayment Terms: Ensure the repayment period aligns with your budget.
• Read User Reviews: Feedback from other borrowers can provide valuable insights.
• Verify Licensing: Always choose apps licensed by the CBK to avoid scams.

Final Thoughts

The discontinuation of the Mokash loan app may have come as a surprise, but it’s not the end of the road for borrowers. There are many best loan apps in Kenya that offer similar or even better services. Whether you need a small emergency loan or a larger amount, apps like Branch, Tala, Okash, Zenka, and M-Shwari are excellent alternatives.

Remember, borrowing money is a serious responsibility. Always read the terms carefully, borrow only what you need, and ensure you can repay on time. By choosing the right digital loan app, you can meet your financial needs without stress.