Can You Get a KCB Mpesa Loan After CBR Listing?

Opinion on whether or not it is possible to get a KCB Mpesa loan after CRB listing is conflicted. There are those who say that it is possible for you to get a KCB Mpesa loan even after being listed at CRB. Then there are those who say that it is impossible for you to get a KCB Mpesa loan after being listed at Credit Reference Bureau (CRB) as a defaulter. Going by personal experience, I know that there was indeed a time when KCB seemed to have stopped giving KCB MPesa loans to CRB-listed individuals. But that seems to have changed at some point, and nowadays, it seems as if it is possible for you to get a KCB Mpesa loan, even if you are listed at CRB. But whether you are CRB-listed or not, if you take a KCB Mpesa loan, and fail to pay it on time, then yes, that could make it impossible for you to get a KCB Mpesa loan in the future. But if you have been taking KCB Mpesa loans and repaying them in a timely manner consistently, you could still keep on qualifying for them, in spite of being listed on CRB.

Many lenders seem to have come to realize that CRB listings are not very good indicators of creditworthiness. You find people who were listed at CRB because of unavoidable circumstances – including HELB CRB listings -- yet they are otherwise very creditworthy individuals. On the other hand, you find individuals who are not listed at CRB, but are otherwise very uncreditworthy individuals. Thus, CRB listing may not be a determinant of whether or not one is lent: though it may determine how much money an individual can be lent and, for certain other types of loans, it can also determine the applicable interest rates…

So if you are a CRB listed individual, and you wish to see whether or not you are qualified for KCB M-Pesa loan, the best thing would be for you to simply consider applying for it. You have very little to lose by just trying. If they can give you the loan, they will. If they can’t give you the loan, they will inform you so. Either way, you will know if you are qualified. The only way for you to know if, for sure, you qualify for KCB Mpesa loan or not in spite of your CRB listing is to try applying for the loan. Not reading opinions online or asking at your localmuguka base: where folks may not be very highly informed. Again, even if you have previously applied for KCB M-Pesa loan unsuccessfully, you can try again, as the terms may have changed making you qualify for KCB M-Pesa loans that you previously weren't qualified for.

So you just take your phone, go to the SIM toolkit, select ‘Savings and Loans’, then select ‘KCB Mpesa’. On KCB Mpesa loan, select ‘Loans’ then specify that you wish to apply for a loan, and enter loan amount. If KCB is willing to give you the KCB Mpesa loan in spite of your CRB listing, the amount will be credited into your KCB Mpesa account almost immediately. Conversely, if KCB is unable to give you the KCB Mpesa loan on account of your CRB listing (or because of some other issue), you would be advised accordingly. Just ensure that you try out all this while you still have some money. The worst thing you can do is unsuccessfully apply for a KCB M-Mpesa loan, yet you were solely depending on getting the loan money, and you have nothing else. In that sort of scenario, if the KCB M-Pesa loan application is declined, you find yourself in a very desperate situation.