Timiza is a digital lending app, a product of Barclays Bank of Kenya. The app provides a mobile platform that offers instant mobile loans in Kenya. Timiza loan is available to any individual and also to small businesses. It’s a digital platform that provides easy access to low cost loans. Furthermore, they offer instant Mpesa loans. Timiza loans are available to all, whether Barclays bank customers or not.
The mobile loan app provides very easy registration. To register to Timiza app, one must have an ID and a Safaricom Mpesa number. In addition, the Safaricom Mpesa number must be active and in use for at least 6 months. To access the Timiza loans, one must furthermore not be blacklisted by neither the CRB nor the Safaricom okoa jahazi.
Timiza app provides instant loans of up to Kshs. 150,000. That is, depending on the customer’s credit level. Timiza provides quick access to loans with a repayment period of 30 days at an interest of 6.17 percent. Once one qualifies for a loan, the loan is disbursed to the customers Timiza account. The customer can then easily transfer the cash from Timiza account to the Mpesa wallet.
The loan app is very reliable and convenient especially when in need of an emergency loan, business loan, school fees etc. Furthermore, it also provides loans that enables individuals to meet day to day household needs and manage the daily challenges. The digital platform is available on USSD code. That is, for all Safaricom Mpesa customers, through *848#. Customers can also easily download the app from Google play store.
How to apply for Timiza loans
Timiza app is user friendly and very easy to use. That is while making Timiza loan application and also in making loan repayments. To apply for loans, first Download Timiza app from Google play store, Fill all the required details and activate your account. Then;
- Log in to your Timiza account
- Select loans
- Request loan
- View your loan limit
- Enter the amount you wish to borrow
- Confirm and then wait for a notification from Timiza
Timiza app provides a loan limit for every Timiza loan customer. Individuals can increase their loan limit by increasing their Timiza savings and Mpesa usage.
How to deposit money to Timiza App and repay Timiza loan via Mpesa paybill number
- Go to the Mpesa menu
- Select Lipa na Mpesa
- Choose paybill
- Enter the business number, 300067
- Account number is the Safaricom number used in Timiza loan registration
- The amount to send
- Enter the Mpesa PIN then press OK
- Confirm the transaction via Hakikisha, press OK then wait for a confirmation message from Mpesa.
Timiza account is not linked to any Barclays bank account. This is because it’s a separate account that is available to all. Regardless whether you have a Barclays Bank account or not.
Features of Timiza app
Instant mobile loans
Timiza provides instant mobile loans to all their customers even on the go hassle free.
In partnership with Safaricom Mpesa, once the loan is approved, the customer then can easily transfer the loan amount to his/her Mpesa wallets.
Timiza app enables bill payment. Hence customers can easily pay for their day to day utility bills such as KPLC, Zuku, DStv and GOtv services.
More features of Timiza app include;
The ability to purchase airtime, Insurance and also Book little cab. In addition, an individual can also invite contacts to join the platform.
- Timiza app is very similar to other commercial bank lending apps such as Eazzy mobile app, Mshwari. It also very similar to other digital lending apps such as Branch Loan App, Tala App, UbaPesa, Saida and many more.
Timiza loan customer care contacts
In case of any problems encountered, individuals can easily contact Timiza loan center on;
020 426 5000
0709 213 000
Or email; firstname.lastname@example.org