LendPoint
Loan Management System in Kenya for Lenders in Nairobi, Mombasa and Kisumu
LendPoint is a loan management system built in Kenya for SACCOs, microfinance institutions, digital lenders and independent lenders, from Nairobi and Mombasa to Kisumu, Nakuru and Eldoret. It runs the full loan lifecycle in Kenyan shillings, with M-Pesa built in. This page explains who regulates Kenyan lenders, what a typical loan looks like in KES, and how LendPoint fits lenders wherever they are.
Who regulates lending in Kenya (November 2026)
Kenyan lending is regulated by type of institution. The biggest recent change came on 29 September 2026, when CBK's Non-Deposit Taking Credit Providers Regulations (Legal Notice 191) replaced the 2022 Digital Credit Providers Regulations. Every lender that takes no deposits, online or offline, now needs CBK approval.
| Institution | Regulator | Main law |
|---|---|---|
| Banks | Central Bank of Kenya | Banking Act |
| Microfinance banks (deposit-taking) | Central Bank of Kenya | Microfinance Act, 2006 |
| Digital lenders, micro lenders, logbook and asset lenders, BNPL (no deposits) | Central Bank of Kenya: licence from KES 20 million capital, registration below that | CBK Act (as amended in 2024) and the Non-Deposit Taking Credit Providers Regulations, 2026 (Legal Notice 191) |
| Deposit-taking SACCOs | SASRA | Sacco Societies Act, 2008 |
| Other SACCOs | Commissioner for Co-operative Development | Co-operative Societies Act |
| All lenders, for personal data | Office of the Data Protection Commissioner | Data Protection Act, 2019. Lenders must register whatever their size. |
| Credit reference bureaus | Central Bank of Kenya | Licensed bureaus receive and share credit data |
This is a summary, last checked against the regulations in November 2026, and not legal advice. For detail, see:
What a KES 50,000 loan looks like
A borrower takes KES 50,000 over six monthly installments at 3% a month. The interest method makes a big difference:
| Method | Installments | Total interest | Total repaid |
|---|---|---|---|
| Flat rate | 6 × KES 9,833.33 | KES 9,000.00 | KES 59,000.00 |
| Reducing balance, equal principal | KES 9,833.33, falling to KES 8,583.35 | KES 5,250.00 | KES 55,250.00 |
| Reducing balance, equal installments | 6 × KES 9,229.88 | KES 5,379.25 | KES 55,379.25 |
LendPoint supports flat and reducing-balance interest and fixes the full schedule at approval. The borrower gets an SMS confirming the amount sent, the total repayment and the due date. Credit-only lenders must disclose the total cost and APR before lending. See flat rate vs reducing balance.
How lenders across Kenya use LendPoint
- M-Pesa in and out: disburse through B2C, match Paybill repayments automatically, and send STK push requests for the exact installment.
- Any phone: borrowers can use USSD on a feature phone, the web portal, or the LendPoint app.
- Collections: SMS reminders before and on due dates, overdue flags from day one, and penalties applied by your policy.
- Branches: unlimited branches with branch-restricted staff, plus consolidated reporting.
- Records: a general ledger behind every shilling, and an audit trail of every action.
LendPoint in your town
LendPoint runs in the cloud and is built in Mombasa, with remote onboarding and support for lenders everywhere in Kenya. Lenders already running their loans on LendPoint include Sycamore Liquidity in Mombasa, Blessmarked Investments in Nairobi, MMIC in Kisumu and Copperhorn Capital in Narok. See how it fits lenders in each region:
- Loan management system in Nairobi: check-off, digital lending and multi-branch lenders
- Loan management system in Mombasa: our home town, for coast lenders and traders
- Loan management system in Kisumu: western Kenya, weekly loans and feature-phone borrowers
- Loan management system in Nakuru: SACCOs, salaried and seasonal borrowers
- Loan management system in Eldoret: North Rift SACCOs and farm-season lending
- Loan management system in Narok: seasonal lending for farming, livestock and tourism
Going live
- Start a 7-day free trial and set up your loan products, fees and penalty policy.
- Bring your borrowers by bulk upload. The onboarding team helps migrate active loans and balances.
- Connect your Paybill through Safaricom Daraja.
- Train your staff remotely, and open the portal, app and USSD to clients.
Pricing in Kenyan shillings
LendPoint publishes its prices, so you know what you will pay before you talk to anyone.
| Plan | Best for | Monthly | Yearly |
|---|---|---|---|
| Starter | Individual lenders, single-branch SACCOs and MFIs | KES 5,000 | KES 50,000 |
| Professional | Multi-branch and growing lenders | KES 8,000 | KES 80,000 |
| Enterprise | High-volume lenders and custom integrations | Contact sales | |
A one-time KES 10,000 onboarding and migration fee applies. Every plan starts with a 7-day free trial, with no credit card required. Compare plans in detail.
Frequently asked questions
Which regulator oversees my lending business in Kenya?
It depends on the institution. Banks and microfinance banks are licensed by the Central Bank of Kenya. Lenders that lend their own money without taking deposits must be licensed or registered by CBK under the 2026 Non-Deposit Taking Credit Providers Regulations. Deposit-taking SACCOs are supervised by SASRA, other SACCOs by the Commissioner for Co-operative Development, and every lender must comply with the Data Protection Act.
Can lenders anywhere in Kenya use LendPoint?
Yes. LendPoint runs in the cloud, so lenders in Nairobi, Mombasa, Kisumu, Nakuru, Eldoret or any other town use the same system through a browser, and their clients can use the portal, the LendPoint app or USSD.
Does LendPoint work in Kenyan shillings with M-Pesa?
Yes. Amounts, schedules and statements are in KES, approved loans can be sent to M-Pesa through the B2C API, and Paybill repayments are matched to loans automatically.
How much does a loan management system cost in Kenya?
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, with a 7-day free trial.
What does a KES 50,000 loan over six months cost?
At 3% a month, a flat rate charges KES 9,000 interest (six installments of KES 9,833.33), while a reducing balance with equal installments charges KES 5,379.25 (six installments of KES 9,229.88).
Can I move my existing loans into LendPoint?
Yes. Borrowers can be bulk-uploaded, and the onboarding team helps migrate active loans and balances, wherever in Kenya you are.