Shika Help Centre

Fees, transfer times, & limits


  • Shika charges a monthly 15% facilitation fee on your loan
  • Requesting and repaying your Shika loan with Shika app is free.
  • A user incurs normal transaction charges when repaying a loan (safaricom or airtel transaction charges).
  • No charges are incurred when a user receives a loan.


Transfer times

  • It will take less than 180 seconds to request a loan and receive a transfer to your mobile money account.

Loan limits

  • Loan limits depends on a user’s credit worthiness.
  • A user will fall under one of the following Shika rankings:
  • Diamond
  • Platinum
  • Gold
  • Silver
  • Bronze
  • Green