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Everything You Need To Know About Mshwari Loan
M-Shwari is a suite of banking products that are offered to M-PESA customers via their mobile devices. This service is created in partnership with M-Pesa and the NCBA . With M-Shwari, one can access convenient, reliable and cost-effective deposit and loan products for making small savings and taking micro loans.

Mshwari Loan
What Can Be Done With Mshwari
- With Mshwari Service you can open and operate an M-Shwari bank account through your mobile phone, through M-PESA, without having to visit any bank to fill out bank account opening forms.
- It provides you the ability to move money in and out of your M-Shwari savings account to your M-PESA account at no charge.
- It gives you an opportunity to save as little as Ksh.1 and earn interest on your saving balance. This cash is moved into the savings account using your handset via the M-PESA Menu.
- Enable you access micro credit product (loan) of a minimum of Ksh.100 anytime and receive your loan instantly on your M-PESA account. The loan does not require collateral and there is no minimum balance for your M-Shwari account.
Requirements To Get M-Shwari account
To get an M-Shwari account, you need to be:
- A registered Safaricom Subscriber.
- A registered Safaricom M-PESA customer.
- Have an active Safaricom M-PESA account/line.
- You need to hold any of the following identification documents; Kenya National Identification Document (ID); Kenyan Passport Document ; Alien ID (resident Permit) registered by the Government of Kenya.
M-Shwari Loan Account
The M-Shwari Loan Account is a microcredit product that allows you to borrow money when you need it, or to supplement your savings for investment or business.
How do you qualify for a Mshwari loan?
In order to qualify for a loan you will have to be an active M-PESA user for at least 6 months, save regularly on M-Shwari account and continuously use other Safaricom services such as Voice, DATA and M-PESA.
How To Request Mshwari Loan
Follow the simple steps below to request M-shwari loan
- From ‘M-Shwari’ menu, select ‘LOAN’
- Select ‘Request Loan’
- Enter Amount
- Enter PIN
- Confirm the message displayed for example “request loan Kshs 2000” then press OK.
- An initial SMS message will be sent immediately on confirmation of request for loan.
- A second SMS message is sent on successful or unsuccessful request.
How To pay for a Mshwari loan ?
- From ‘M-Shwari’ menu, select ‘LOAN’
- Select ‘Pay Loan’
- Enter Amount
- Enter PIN
- Confirm the message displayed for example “pay loan Kshs 2000” then press OK.
- A SMS message is sent on successful or unsuccessful request.
When things are looking up, save on M-Shwari for a rainy day and increase your loan limit for when the going gets tough!#PamojaNaMshwari pic.twitter.com/tCzTWDHr44
— M-Shwari Official (@MShwariOfficial) September 8, 2021
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