Elevate is a loan app run by Elevate Credit 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 2, 2025.
At a glance
| Lender (licensed name) | Elevate Credit Limited |
|---|---|
| CBK licence | Licensed digital credit provider, listed in the directory dated September 2026; licensed September 2, 2025 |
| Loan amounts (published) | KES 5,000 – 100,000 |
| Repayment term (published) | 61 – 180 days |
| APR / cost (published) | 79.7% – 99% |
| Other fees and terms | Processing fee KES 100–2,000; credit life fee KES 50–1,000; extension fee 10% |
| Customer contact (per CBK) | +254748933558 · pgachuhy@gmail.com |
| Office (per CBK) | Sameer Business Park Mombasa Road, 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 98.969% a year for 61 days from the published terms. Change the amount, rate, term and any upfront fee to match the offer in the app.
App availability
- Elevate – Google Play, 50K+ downloads, updated Jul 23, 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
- 4. Apply for a loan and get fast cash sent directly to your Account or Mpesa in respect to the amount
- Up to 180 day loan product with repayment terms at 5%
- Elevate charges a one-time Interest fee of 5% of principal with a maximum loan period of 180 days.
- A one-time extension fee of 10% of principal and interest may be applied to loans past due.
- Maximum period for repayment is 180 days
- Minimum APR – 79.711%
- Maximum APR – 98.969%
- Customers can apply for a first loan of fixed term 61 days
- 61-day loan repayment terms have one-time processing fee of 2%(risk base pricing)
- Processing Fee: Range from KSh 100-Ksh2000 for one-time charge
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 Elevate licensed by CBK?
Yes. Elevate Credit Limited is in CBK’s Directory of Digital Credit Providers (September 2026), licensed September 2, 2025.
How much can I borrow on Elevate?
The lender publishes: KES 5,000 – 100,000. Your limit depends on its assessment.
How much does Elevate charge?
Published cost: 79.7% – 99%. Processing fee KES 100–2,000; credit life fee KES 50–1,000; extension fee 10%
Sources
- CBK – Directory of Digital Credit Providers (September 2026) (checked 13 Oct 2026)
- Elevate – 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
