Bora Credit is a loan app run by Ceres Tech 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 September 19, 2022.
At a glance
| Lender (licensed name) | Ceres Tech Limited |
|---|---|
| CBK licence | Licensed digital credit provider, listed in the directory dated September 2026; licensed September 19, 2022 |
| Loan amounts (published) | KES 500 – 50,000 |
| Repayment term (published) | 91 – 180 days |
| APR / cost (published) | 36% – 72% |
| Other fees and terms | Service fee 0% |
| Customer contact (per CBK) | +254702038679 · cerestechltdke@gmail.com |
| Office (per CBK) | Victoria Court, Abacus Lane, Ruaraka, 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. Terms not listed above are not published.
Repayment calculator
Prefilled with 72% 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
- Bora Credit – Google Play, 1M+ downloads, updated Sep 2, 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
- 1. Loan Amount: 500 Ksh ~ 50,000 Ksh
- 2. Loan Term: the shortest tenor is 91 days, the longest is 180 days
- 3. APR : Minimum 36% to Maximum 72%
- 4. Service Fee: 0%
- Example: If the loan amount is 2500 Ksh, the loan term is 180days, and the APR is 72%, the total service fee should be 2500 Ksh * 72%(APR)/2 = 900Ksh. The total amount must be paid: 2500+2500*72%(APR)/2=KES3400
- If you choose to make a one-time repayment, then you will make a one-time repayment of KES3400 after 180 days.
- If you choose to make monthly repayments, your monthly repayment amount will be KES3400/6 = KES 566.67
- Loan principal: 2500 Ksh (180 days)
- Loan fee(total fee of the loan): 900Ksh(=2500 Ksh * 72%(APR)/2)
- Total amount payable: KES3400(=2500 Ksh+2500 Ksh * 72%(APR)/2)
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 Bora Credit licensed by CBK?
Yes. Ceres Tech Limited is in CBK’s Directory of Digital Credit Providers (September 2026), licensed September 19, 2022.
How much can I borrow on Bora Credit?
The lender publishes: KES 500 – 50,000. Your limit depends on its assessment.
How much does Bora Credit charge?
Published cost: 36% – 72%. Service fee 0%
Sources
- CBK – Directory of Digital Credit Providers (September 2026) (checked 13 Oct 2026)
- Bora Credit – Google Play listing (checked 13 Oct 2026)
More: All CBK-licensed loan apps · Cheapest loan apps compared · All 281 CBK-licensed digital lenders · CRB guide
