Peer to Peer Lending: Ubapesa


What are your thoughts on peer to peer lending? Have you tried the Ubapesa app? Let’s discuss.


I honestly don’t like ‘playing’ with lending for the sake of trying.


You are making money on it.(EDIT: I don’t know whether you are going to make a profit. That’s what i want to know.)


I know people who have tried P2P lending, but not on Ubapesa. There is a p2p called Wakala ( that is accessible via USSD code *680# and a few friends are getting return on investment. But with this one you have an option of making more by becoming an agent and lending the money on the platform yourself.

Difference with non-P2P is that this one is trust based on who you know, so you can start borrowing at 20k.


I think I will try these peer to peer lendings. Last year between Aug and Dec I made enough dough for a roundtrip to coast via the airport by ending money to friends I trust. It could be a thing eventually.


Now you can “formalise” the lending.


Try Wakala, accessible via *680#, fully operates via USSD and Mpesa.