Shika Loan Application belongs to Alternative Circle which is a credit company in Kenya. Credit companies are growing at a very high rate in Kenya but very few are able to meet the borrowers’ needs. Shika is among the very few.

This is an app that serves as a platform where borrowers can access quick loans from an Alternative Circle. The app is available to android system mobile phone users in Kenya. You are required to have a Safaricom simcard for you to use the service.

Their loan limits ranges between Kshs. 500 to Kshs. 20,000.

Once your loan is approved it is disbursed to your MPesa account within 3 minutes.

The interest charged is 15% of the amount you have borrowed.

The maximum repayment period is a month. There is the option of paying either daily or weekly.

Late repayment attract 10% rollover fee on top of what you owe.

Delaying to repay for more than 60 days leads to being listed with the CRB as a defaulter.

How to use the App

Go to the play store and download the App.

Install the App in your phone.

Sign up with your safaricom simcard phone number and your National ID card numer.

Create your PIN

Proceed to log in to your account using your registered phone number and PIN Number.

Select “Request Loan”

Enter the amount you wish to borrow. It would be wise to never exceed the loan limit provided for you.

Select “confirm”

How to Repay the Loan

Login to your account and select “Repay loan”

Select “Copy” button and you will be directed to your safaricom sim toolkit

Select Mpesa and continue to select Lipa Na Mpesa

Enter business number, which is 811655 or paste

For the Account Number enter your registered safaricom number

Next enter the amount you are supposed to pay

Enter your PIN Number and submit

If you already know the Shika Paybill number you can always go direct to your MPesa directly and proceed to pay your loan.

To Contact the Shika team you can email them at

Or call/SMS them at 0742143999

You can also visit them at 4th Floor, Interswitch Offices, Orbit Place, Chiromo Lane, Westlands, Nairobi.