Loandisk Alternative in Kenya: Loan Software with M-Pesa Built In (2026)
Loandisk is one of the best-known cloud loan tracking tools in the world. It says it is trusted by more than 800 lending companies in over 60 countries, and many Kenyan lenders try it first. It is a solid product. But Kenyan lending runs on M-Pesa, and that is where many local lenders start looking for a Loandisk alternative.
This guide compares Loandisk with Lendpoint, a loan management system built in Kenya, on the things that matter most to a Kenyan SACCO, MFI or micro lender. It covers where Loandisk is the better choice as well as where it isn't. Information about Loandisk comes from its public website as of October 2026.
Loandisk vs Lendpoint at a glance
| Loandisk | Lendpoint | |
|---|---|---|
| Built for | Lenders worldwide | Kenyan SACCOs, MFIs and digital lenders |
| Pricing | USD 59–346/month, by users and number of loans | KES 5,000–8,000/month, plus a one-time KES 10,000 onboarding fee |
| Free trial | 45 days | 7 days |
| M-Pesa disbursement (B2C) | Not listed | Built in |
| M-Pesa repayment matching (C2B, STK push) | Not listed | Built in |
| USSD for borrowers | Not listed | Yes |
| Borrower portal and mobile app | Not listed | Yes, branded |
| SMS reminders | Yes, plus email | Yes |
| Savings and investor accounts | Yes | No (lending only) |
| Loan agreement templates and e-signature | Yes | Not a headline feature |
| Branches and staff roles | Yes | Yes (multi-branch on Professional) |
| Security certification | ISO/IEC 27001:2022 | Isolated database per lender, role-based access, full audit trail |
"Not listed" means the feature isn't mentioned on Loandisk's public pages. Confirm with Loandisk if it matters to you.
Why Kenyan lenders look for a Loandisk alternative
1. M-Pesa is not built in
In Kenya, most loans go out to and come back from M-Pesa. Loandisk's public pages don't list an M-Pesa integration. Without one, someone has to send each loan from a phone or bank account, then read the Paybill statement and record every repayment by hand. That is slow and error-prone, and arrears are only discovered when reconciliation is done.
Lendpoint sends approved loans to the borrower's M-Pesa through the B2C API. It matches Paybill repayments to the right loan automatically through C2B, and lets you send an STK push for the exact installment. See how the M-Pesa integration works.
2. Dollar pricing
Loandisk's plans are priced in US dollars, from USD 59 a month for one user and 2,000 loans to USD 346 for unlimited use, so your shilling cost moves with the exchange rate. Lendpoint is priced in Kenyan shillings: KES 5,000 a month on Starter and KES 8,000 on Professional, with about 17% off when paid yearly.
3. Borrowers without smartphones
Many Kenyan borrowers use feature phones. Lendpoint gives them USSD access to check their limit, apply, repay and get a mini-statement from any phone, alongside a branded web portal and mobile app.
4. Local loan products
Kenyan micro lending often means weekly or bi-weekly installments over a few weeks, fees deducted at disbursement, rollovers and early repayment discounts. Lendpoint is built around these products. You choose per product whether fees are deducted from the payout or repaid with the loan, and rollovers are recorded as linked loans in the audit trail.
When Loandisk is the better choice
To be fair, Loandisk may suit you better if:
- You need savings or investor accounts in the same system as your loans. Lendpoint is lending-only for now.
- You lend outside Kenya or don't use M-Pesa.
- You rely on generated loan agreements and e-signature as part of your process.
- You need a formally certified provider: Loandisk holds ISO/IEC 27001:2022.
- You want a longer trial to evaluate: 45 days against Lendpoint's 7.
Switching from Loandisk (or Excel) to Lendpoint
- Export your data from Loandisk: borrowers, active loans and balances.
- Start a Lendpoint trial and set up your loan products, fees and penalty policy.
- Migrate. Borrowers can be bulk-uploaded, and our onboarding team helps load active loans and balances and reconcile them to your records. This is covered by the one-time KES 10,000 onboarding and migration fee.
- Connect M-Pesa. Link your Paybill through Safaricom Daraja so disbursements and repayments run automatically.
- Run both systems for a short overlap, then switch off the old one once balances match.
Choosing between more than two systems? See our comparison of 10 loan management systems in Kenya, with pricing.
Frequently asked questions
What is the best Loandisk alternative in Kenya?
For Kenyan lenders that disburse and collect through M-Pesa, the best alternative is a system with M-Pesa built in and pricing in KES. Lendpoint offers native M-Pesa B2C disbursement, automatic Paybill matching, STK push and USSD from KES 5,000 a month.
Does Loandisk work with M-Pesa?
Loandisk's public website does not list an M-Pesa integration. Kenyan lenders using it typically record M-Pesa disbursements and repayments manually or through a custom connection, so confirm with Loandisk before relying on it.
How much does Loandisk cost compared with Lendpoint?
Loandisk costs USD 59 to USD 346 a month depending on users and loan volume. Lendpoint costs KES 5,000 a month (Starter) or KES 8,000 a month (Professional, multi-branch), plus a one-time KES 10,000 onboarding fee.
Can I move my data from Loandisk to Lendpoint?
Yes. Export your borrowers and active loans from Loandisk. Borrowers can be bulk-uploaded into Lendpoint, and our onboarding team helps migrate active loans and balances.
Does Lendpoint have savings accounts like Loandisk?
No. Lendpoint focuses on lending. For savings, shares and dividends, see our sister product ChamaPoint for groups, with SaccoPoint for full SACCO operations coming soon.
