Raha Pesa is a loan app run by Mkulimapay Credit Ltd, 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 June 5, 2025.
At a glance
| Lender (licensed name) | Mkulimapay Credit Ltd |
|---|---|
| CBK licence | Licensed digital credit provider, listed in the directory dated September 2026; licensed June 5, 2025 |
| Loan amounts (published) | KES 5,000 – 500,000 |
| Repayment term (published) | 91 – 180 days |
| APR / cost (published) | 16% – 34% |
| Other fees and terms | Example: KES 5,000 for 91 days costs KES 225 |
| Customer contact (per CBK) | 0748820255 · mkulimacash@gmail.com |
| Office (per CBK) | Shell Tegemeo, next to Mountain View Mall, off Waiyaki Way |
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 34% 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
- Raha Pesa – Fast Cash Loan – Google Play, 100K+ downloads, updated Jun 8, 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
- ✅ Loan Amount: Ksh 5,000 – Ksh 500,000
- ✅ Flexible Repayment: 91 Days to 180 Days
- ✅ Maximum APR: 34%
- ✅ Minimum APR: 16%
- Borrow Ksh 5,000 at 18.25% APR for 91 days
- Interest Fee: Ksh 225
- Total Repayment: Ksh 5,000+ Ksh 225 (Principal + Interest)=Ksh 5,225
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 Raha Pesa licensed by CBK?
Yes. Mkulimapay Credit Ltd is in CBK’s Directory of Digital Credit Providers (September 2026), licensed June 5, 2025.
How much can I borrow on Raha Pesa?
The lender publishes: KES 5,000 – 500,000. Your limit depends on its assessment.
How much does Raha Pesa charge?
Published cost: 16% – 34%. Example: KES 5,000 for 91 days costs KES 225
Sources
- CBK – Directory of Digital Credit Providers (September 2026) (checked 13 Oct 2026)
- Raha Pesa – Fast Cash Loan – 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
