How does the M‑Shwari loan calculator work?

The calculator uses the official 7.5% facility fee and 15% excise duty on that fee to show your M‑PESA disbursement and repayment total. It updates in real-time when you enter a loan amount and application date.

Is the M‑Shwari loan calculator free to use?

Yes. The M‑Shwari Loan Calculator is 100% free to use. You don't need to sign up or create an account.

Do I qualify for an M‑Shwari loan?

To qualify, you must be an active M‑PESA user with a good transaction history. Safaricom uses credit scoring to determine your loan limit.

What is the facility fee on M‑Shwari loans?

M‑Shwari charges a 7.5% facility fee on the loan amount. An additional 15% excise duty is charged on the fee. The calculator includes both in your final repayment estimate.

How long do I have to repay a M‑Shwari loan?

You must repay the full amount within 30 days from the date of borrowing. The calculator shows your expected due date.

Can I compare M‑Shwari with other mobile loans?

Yes. Visit our Compare Loans section to view mobile loan alternatives like Tala, Zenka, or KCB M-PESA and see their costs side-by-side with M‑Shwari.

M-Shwari Loan Calculator (2025)

Calculate your M-Shwari loan fees, excise duty, and repayment date instantly for 2025. This free online calculator uses the latest M-Shwari terms in Kenya to give you accurate results, helping you plan and repay on time. Mobile-friendly, fast, and easy to use.

Enter Your M-Shwari Loan Details

Loan Amount (Ksh):

Application Date:

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M-Shwari Loan Calculator – Estimate Your Loan in Seconds

The M-Shwari Loan Calculator gives you an instant, transparent breakdown of your borrowing cost before you apply. It automatically factors in the 7.5% facility fee plus the 1.5% excise duty—so you’ll always know:

✅ How much will be deposited into your M-PESA wallet
✅ Your total repayment amount after 30 days
✅ The true cost of borrowing with no hidden charges

Example: Borrowing Ksh 5,000 will result in about Ksh 4,925 credited to your M-PESA account, with a repayment of Ksh 5,375 due in 30 days.

Why Kenyan Borrowers Use the M-Shwari Loan Calculator

📊 Real-time, accurate M-Shwari loan estimates
📱 Designed specifically for M-PESA users in Kenya
💡 Helps you plan repayments and avoid loan defaults
🔍 100% free, fast, and easy to use—no registration needed

What is M-Shwari?

M-Shwari is a mobile savings and loan service offered through M-PESA and powered by NCBA Bank. It allows you to save as little as Ksh 1, earn interest on deposits, and borrow from Ksh 1,000 instantly, depending on your limit.

M-Shwari Loan Terms & Features

💰 Loan amounts range from Ksh 100 to Ksh 50,000+ depending on your eligibility.
📆 Repayment period: 30 days fixed.
📌 Charges: 7.5% facility fee + 1.5% excise duty, deducted upfront.
⚡ Instant loan disbursement directly to your M-PESA wallet.

How to Qualify for an M-Shwari Loan

✔️ Be an active M-PESA user for at least 6 months
✔️ Maintain savings on your M-Shwari account
✔️ Regularly use Safaricom services such as calls, SMS, and data

How to Apply for an M-Shwari Loan

Open the M-PESA menu on your phone
Select Loans and Savings → M-Shwari → Loan
Enter your loan amount and M-PESA PIN
Funds are sent instantly to your M-PESA account

M-Shwari Savings Options

Beyond loans, M-Shwari also provides simple savings solutions that help you grow your money securely:

📈 Earn up to 6.3% annual interest on your savings balance
🔒 Lock Savings Account: Save from 1 to 12 months with fixed terms
💳 No charges on saving or withdrawing from M-Shwari accounts

The M-Shwari Lock Savings Account is ideal for those who want disciplined saving with guaranteed returns—perfect for school fees, business projects, or emergencies.

Final Word

With M-Shwari, you can save, borrow, and grow your money—all directly from your phone. Always repay on time to avoid penalties and to increase your loan limit.

Note: M-Shwari loan fees, limits, and terms are subject to change by Safaricom and NCBA Bank. This information is provided for educational purposes only.

Considering alternatives to M-Shwari? Compare mobile loan interest rates and repayment terms in Kenya before making a decision.

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Everything You Need to Know About M-Shwari Loans in Kenya (2025 Guide)

M-Shwari is a digital micro-banking service integrated into M-PESA, helping Kenyans save, earn interest, and access instant mobile loans. Use our M-Shwari loan calculator above to immediately see your net disbursement, borrowing cost (7.5% facility fee + 1.5% excise duty), repayment due, and more—all for free and with no sign-up.

Frequently Asked Questions (FAQs)

How is the net amount I receive calculated?

Your loan amount is reduced upfront by a 1.5% excise duty, and you repay the full principal plus a 7.5% facility fee—both clearly shown in our calculator.

How long do I have to repay an M-Shwari loan?

You have 30 days to repay. Late payments may result in rollover fees, reduced future limits, or even CRB (credit bureau) implications.

What determines my M-Shwari loan limit?

Your limit depends not only on how long you’ve been an M-PESA user but also your savings and transactions on M-Shwari. Regular saving and timely repayments increase your borrowing power. :contentReference[oaicite:0]{index=0}

Can I apply using a basic feature phone?

Yes⁠—M-Shwari works using USSD through the M-PESA menu, so no smartphone is needed.

How do I lock savings on M-Shwari?

Through the M-PESA menu, go to Loans & Savings → M-Shwari → Lock Savings. You can save without charges for a fixed period, and funds are released on maturity. :contentReference[oaicite:1]{index=1}

Want smarter borrowing?

Stop overpaying on loan costs. Our calculator shows you the real cost of M-Shwari and compares flat-rate versus reducing-balance loans—so you borrow wisely.

🔍 Try the Reducing/Flat Rate Loan Calculator Now