What is Koro and how does it work?

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.

How much does Koro cost?

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.

How do I sign up for Koro?

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.

Does Koro have a mobile app?

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.

Who is Koro best suited for?

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

How do I contact Koro support?

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

Does Koro have a plan for teams or businesses?

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

Does Koro offer an API or integrations?

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

Koro: Overview, Features, Pricing & Funding

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Koro is a mobile digital lending application for consumers in Kenya who need short-term personal loans disbursed to M-PESA.

Key capabilities include:

Loan applications up to 200,000 KES, with users selecting a preferred amount in the app
Fast approval and payout, with funds sent to the borrower’s M-PESA wallet within minutes after approval
Mobile-first onboarding, with registration and loan applications completed fully in the app (registration and application are advertised as free of charge)
Support and policy documentation, including customer support phone numbers and email, plus published Privacy Policy and Terms

Available on Android (Google Play) and iOS (Apple App Store), with a web landing site for product information.

Built for individual borrowers in Kenya seeking quick mobile access to personal credit.

Koro

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Frequently Asked Questions About Koro

What is Koro and how does it work?

How much does Koro cost?

What countries does Koro operate in?

How do I sign up for Koro?

Does Koro have a mobile app?

Who is Koro best suited for?

How do I contact Koro support?

Does Koro have a plan for teams or businesses?

Does Koro offer an API or integrations?

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