Timiza is a mobile financial product by Absa Bank Kenya that provides fast and affordable loans through Mpesa among other services.
You can apply for loans up to Ksh. 150,000 instantly if you qualify and the money will be available for use right away.
How to Repay Timiza Loans
After the loan is approved and disbursed, it will be due for repayment in 30
days (1 month).
All you need to do is:
Option one- App Payment
- Log in
- Select
my loan
- Select
30 day loan
- Select
Repay
- Choose
to pay from wallet or M-Pesa
- Select
'Pay Full amount' or input the amount you want to pay
- Select
'Make Payment'.
- a)
Paying via M-Pesa: M-Pesa screen populate... then input M-Pesa PIN
b) Paying via Wallet: PIN screen populates input Timiza PIN, input OTP sent via SMS - Successful
repayment screen pops up.
Option Two- USSD/SMS Payment
All you need to do is:
- Dial
*848#
- Input
your Timiza Pin
- Select
Option 4 - loans
- Select
pay loan
- Select
Timiza 30 day Loan
- Select
whether to make full payment or partial payment
- Enter
amount to pay
- Select
payment option either: M-Pesa or Timiza Account
Option Three - M-PESA PAYBILL
- Go to
M-PESA
- Go to
M-PESA Paybill
- Enter
paybill number 300067
- Enter
your mobile number as account number
- Input
amount you wish to pay
- Enter M-PESA Pin to complete the transaction
Always remember to pay your loans early enough to increase your loan limit and also enhance chances of getting another loan.