Ubapesa loan app download and application

Ubapesa Loan App is another mobile loan application that has been developed by a Nairobi based company.

Unlike most mobile loan apps, Ubapesa is different in the sense that it acts like a money market where the borrower meets a lender much like how a buyer meets a seller in the marketplace.

Ubapesa here is the referee who oversees the dealings between the borrower and the lender. This kind of platform is better than ordinary lending platforms because it provides an opportunity for people to invest in the money markets.

What is Ubapesa loan app?

If I have some money that I want to invest and am not sure about where to invest it, Ubapesa is an example of where I could throw the money and make some interest after a month or so.  When you download and sign up with Ubapesa loan App, there are two things that you can do with the application.

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One, you can borrow money from the app and two you can lend money to the app. This is a very balanced app with a win-win guarantee. The option is all yours depending on what you want to do with the app. Make money or borrow money!

The mobile loans market is highly growing, and there are several loan apps in Kenya right now where Kenyans can borrow. Ubapesa loan App comes with a very well thought out strategy that allows peer lending and borrowing across the board.

Ubapesa comes in at a time when more than 35% of Kenyan adults are seeking mobile loans. Ones you have signed up with Ubapesa loan app, the application automatically created a CRB account for you as a borrower and money back Guarantee as a Lender to ensure that the money is secured.

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How to use Ubapesa Loan App

To use the application, you must go to the Google Play Store and download the Ubapesa app on your android device.

  • After downloading the app, sign up to create your account
  • The app will check for your creditworthiness
  • The app will dictate your loan limit
  • Go to the money market
  • Choose to be a borrower or a lender
  • Start transacting

How the loan app works

Most Kenyans who will go to Ubapesa will do so as borrowers. To borrow successfully from Ubapesa, you should ensure that you have borrowed an amount that does not exceed your loan limit. Upon lending the loan, make sure to choose your repayment dates.

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Ubapesa loan app has a flexible way of payment where borrowers can pay off their loan in 10 days with an interest rate of 9% or after 20 days with an interest rate of 10% or after 30 days with an interest rate of 13%.

After the loan has been approved, the loan amount is sent to the M-Pesa number that was used to register the Ubapesa account.

Ubapesa loan app

How to Repay Ubapesa Loans

There are two ways on how borrowers can pay back their loans.

The first option is paying through the Ubapesa loan app.

  1. You will log in to your account
  2. Select ‘Repay Loan’
  3. Choose through M-Pesa
  4. Enter the amount to repay
  5. Enter your M-Pesa Pin
  6. Press OK to submit

Repaying Through M-Pesa Paybill

  1. Go to M-Pesa
  2. Select Lipa Na M-Pesa
  3. Select Paybill
  4. Enter Ubapesa business number 144966
  5. Account number (enter the phone number you registered on Ubapesa)
  6. Enter the loan amount to repay
  7. Enter PIN
  8. Press Ok to submit

After using the pay bill process, make sure to log in to your Ubapesa loan app and refresh it by pressing the repay loan option.

How to Make Money with Ubapesa

As mentioned earlier, you can borrow money from the app, or you can lend money to other people on the app. Lending on Ubapesa will help you to make money through the interests that borrowers pay. However, to give money to other people on the app, first, you have to load your account with cash.

How to add funds to Ubapesa loan App

  • Log in to your Ubapesa account
  • Select add funds
  • Enter the amount of money you want to add to your account
  • You will be prompted to M-Pesa
  • Enter your M-Pesa pin
  • Submit


  • Go to M-Pesa
  • Lipa Na M-Pesa
  • Paybill
  • Enter business number 144966
  • Account number (your phone number)
  • Enter the amount you wish to add to Ubapesa
  • M-Pesa PIN
  • Submit

Ubapesa only allows you to lend a maximum of Ksh140000

How to lend on Ubapesa

There are two ways of borrowing money on Ubapesa. The first one, the platform automatically matches your specifications with a borrower who meets your requirement. It checks whether your duration of payment, credit score, and amount choices match with those of the borrower.

Related: How to get mobile loans from Branch Loan App

The app also allows you to pick a borrower from the platform regardless of your specifications and conditions. As a lender, you can choose to single lend or multi lend. Individual lending is where you lend money to one person and wait for them to repay before you can give the money to another person.

Multi lending allows you to lend to several borrowers until your principal is exhausted. You can wait for them to repay or load money to your account again and continue to give.

How you earn as a lender on Ubapesa

As a lender, you make 42.5% of the interest paid by a borrower. 57.5% is used by Ubapesa loan app to settle insurance, withholding fees, and platform charges. To withdraw the profits, you have made from your investment,

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  1. Log in to your Ubapesa account
  2. Select withdraw from Ubapesa
  3. Enter the amount to withdraw
  4. Enter Ubapesa pin
  5. Wait for the money to be sent in your M-Pesa account

Advantages of Ubapesa loan app

  1. You can borrow and lend from the same application
  2. When you have money, you can invest it and get returns in under a month. When you don’t have money, you can approach the app and get an instant mobile loan.
  3. If borrowers do not pay back, you get your money back after 60 days
  4. 42.5% is fair considering there is no breaking a sweat for it.

How to contact Ubapesa loan app

Call: 0709693000

Email: info@ubapesa.com

Offices: Golf View Office Suites, Muthaiga, Wambui Road, off Thika Road, 4th Floor Office No. A4

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Brian is a founding writer at Urban Kenyans. His work is focused on how to improve the digital literacy of Kenyans online. He has been able to do so with his mastery of Kenya and the English Language.

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