Question 1

What is Koro and how does it work?

Accepted Answer

Koro is a mobile loan app for people in Kenya that offers quick personal loans paid to M-PESA. You apply in the app, choose a loan amount, and if approved, the money is sent to your M-PESA account within minutes.

Question 2

How much does Koro cost?

Accepted Answer

Koro’s pricing is not fully clear from the available information. The app listing says processing fee is KSh 0, but it also shows interest fees and an effective annual percentage rate, so the total cost depends on the loan terms.

Question 3

What countries does Koro operate in?

Accepted Answer

Koro operates in Kenya.

Question 4

How do I sign up for Koro?

Accepted Answer

You sign up in the Koro app by downloading it, filling out the short application form, and selecting how much money you need. If approved, you receive the loan in your M-PESA account.

Question 5

Does Koro have a mobile app?

Accepted Answer

Yes, Koro is available on iOS and Android. You can download Koro on the App Store for iPhone, or get it on Google Play for Android.

Question 6

Who is Koro best suited for?

Accepted Answer

Koro is best suited for individual borrowers in Kenya who need short-term personal credit and want the funds sent to M-PESA quickly.

Question 7

How do I contact Koro support?

Accepted Answer

You can contact Koro support by email at support@koro.co.ke or it@zenkafinance.com. You can also call +254 (0) 207909062 / +254 (0) 730895100

Question 8

Does Koro have a plan for teams or businesses?

Accepted Answer

No, Koro does not appear to offer a team or business plan.

Question 9

Does Koro offer an API or integrations?

Accepted Answer

No public API or developer portal is listed for Koro, so there is no verified API or integrations offering available.

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