Are You Eligible?
To apply for a Timiza loan, you must be 18+ years old, have an active Timiza account, and have used an active M-PESA for at least 6 months.
Loan Details
- Contract range: KSh 1,000 – 1,000,000
- Approval is not guaranteed; limit shown after login.
- Funds go directly to your Timiza wallet first.
- Withdraw or transfer to M-PESA anytime.
Cost & Repayment
- Repayment period: normally at least 30 days.
- Cost for 30 days: 6.083% (5% facilitation fee + 1.083% one-off interest).
- Repay using Timiza wallet, M-PESA, or an Absa branch.
Important Terms
- Late Payment: Balances can roll over and add a penalty.
- Absa may use money in your other Absa accounts to offset debt.
- Repayment issues may negatively affect your CRB record.