• Home
  • About
    • About Hapa Kenya
    • Privacy Policy
  • Advertise
  • Contact
  • Terms
  • Home
  • About
    • About Hapa Kenya
    • Privacy Policy
  • Advertise
  • Contact
  • Terms
HapaKenya
 logo
  • Life

    Life

    See all
    • DPGSK annual conference to focus on Data Governance in Africa

      October 15, 2025
    • Fitting currency trading into your busy entertainment life

      October 14, 2025
    • How to register as a voter, through IEBC, in Kenya

      October 12, 2025
    • Events
  • Business

    Business

    See all
    • EPK hands over final 8 IT labs, completing Ksh. 33M Nandi County investment

      October 15, 2025
    • Introducing NCBA ConnectPlus, a new corporate banking platform powered by Intellect

      October 15, 2025
    • Software Group and ELM forge Global fintech partnership at GITEX 2025

      October 15, 2025
  • Tech

    Tech

    See all
    • Introducing NCBA ConnectPlus, a new corporate banking platform powered by Intellect

      October 15, 2025
    • Software Group and ELM forge Global fintech partnership at GITEX 2025

      October 15, 2025
    • Buy Now, Pay Later solution, LOOP FLEX, launched with Ksh. 1M limit & 10% deposit

      October 15, 2025
  • Entertainment

    Entertainment

    See all
    • Dr. Catherine Masitsa & Zena Nyambu to join cast of The Real Housewives Ultimate Girls Trip: Africa

      October 15, 2025
    • When everyone becomes a digital expert: The rise of ad criticism online

      October 13, 2025
    • Suspect arrested in Uasin Gishu for illegal stream distribution

      October 13, 2025
  • Travel
  • Sports
  • Health
  • Bars + Restaurants
  • Drinks
  • Trending

    Trending

    NowWeekMonth
    • 26

      How to make pilau

      1
    • 22

      15 places you can get quick loans in Kenya in 2021

      2
    • Absa
      21

      105 Absa Bank employees acquire digital skills at Strathmore University

      3
Timiza

Timiza by Absa Bank; Your pathway to financial freedom

Samson NderiJuly 30, 2024
4 min read
Shares

With the tough economic times that we are currently experiencing as country, there will be times when one needs a helping hand just to get by. This could be in the form of a soft loan to pay off your rent and say utility bills. It could even be some capital to kickstart a small business or to add stock to an existing business. The Absa Bank Timiza app is one such solution that has become a life saver to many Kenyans.

As a small business owner, I came to learn about Timiza when I was researching about the various entities that give affordable loans. At the time, I was looking for financing to expand my poultry business which had started getting some traction after I opened an online store.

At this point in time, I needed a bigger freezer that could help in storing the chicken as I waited for orders to trickle in. The thing is that I was expecting some funds at the end of the month from some supplies that I had done to a hotel which could have assisted me in making the purchase but due to the rise in demand I needed to get it urgently.

At the time, the freezer that I wanted cost around Ksh. 70,000 which is not a big amount. However, calls to family and friends did not yield anything as they all seemed to have their funds committed to other ventures. It also did not make sense to take out a conventional loan which would have taken time to process which I did not have. This is why I made the decision to take out a mobile loan which had a quick turnaround time. After checking out the various offering by different lenders, I settled on Timiza because I felt that they had the best deal.

To cut the long story short I was eventually able to get the loan, buy the freezer which really helped my business to expand and meet the demand. Since then, I have been a regular user of the app and I have to say that it has really helped me to grow my business.

Here are some of the things that make Timiza stand out from the rest.

Low Interest Rates

As I had mentioned earlier, Timiza offers some of the lowest interest rates among the mobile loan providers in the market. Standing at 7% per month, it is lower than what a majority of the competition are offering which ranges from 9% to even 19%. This makes it very affordable for those who need the funds urgently with a view of paying back after 30 days.

They also offer loan amounts from as low as Ksh. 1,000 to as high as Ksh. 150,000 depending on your ability to repay. The fact that everything can be done from the comfort of your home or office makes it very convenient.

Insurance

Insurance is one of those products which in my opinion are very important but are largely overlooked by a majority of the people. This is mostly due to the fact that it is considered expensive. So, it was a nice surprise when I came to learn that not only does Timiza offer an insurance cover but it is quite affordable as well. From as low as Ksh. 42, yes, you had that right one can be able to get a Ksh. 100,000 personal accident cover and Ksh. 50,000 funeral expense cover.

With an annual premium of Ksh. 504, this has to be the cheapest insurance cover in the market. The beauty being that to qualify all one has to do is have a Timiza account to start enjoying the benefits.

Savings

Other than loans, Timiza also gives one an option to save towards a certain goal say a wedding or even purchasing a car. With the beauty being that the funds that you put in these accounts are earning an interest.

Payments

Timiza also allows you to make payments for various bill and utilities directly from the app. One of my pet peeves with some mobile applications out there is the fact for you to pay for something via an Mpesa Paybill. One has to first send the money from the app to Mpesa and then make the payment which is tedious, however, with Timiza one can be able to do all this without having to exit the app.

Account Opening

Being an individual who values efficiency and convenience, I enjoyed the fact that I was able to open an account and start operating it without having to step into a physical branch. The app allows you to register, upload your documents and photo all at the comfort of your home after which you can start transacting.

All in all, the Timiza is not just a banking app, but a comprehensive financial solution designed to set you on a path to financial freedom. Download it here and get a chance to experience the future of banking at your fingertips.

Share On
Tweet

Related Posts

  • M-Pesa Foundation to invest Ksh. 120M in Maseno University Innovation Hub

    Zenia ObamoOctober 10, 2025
  • Safaricom Launches VybCall, Kenya’s first video ring back tone service

    Samson NderiOctober 8, 2025
  • Safaricom contributed Ksh. 809 billion to the GDP in FY 2025

    Zenia ObamoOctober 8, 2025
  • Safaricom Business showcases tools for decisive threat response against cyberattacks

    Samson NderiOctober 2, 2025
  • FlexPay & DigiTax among startups chosen for Safaricom’s Spark Accelerator cohort 2

    Samson NderiOctober 1, 2025
  • Kibos Special School gets Ksh. 10M fully equipped dormitory from Safaricom

    Samson NderiOctober 1, 2025

Archives

Trending

Professor Lukoye Atwoli appointed as the President of World Health Regional Meeting

October 15, 2025

EPRA pushes for implementation of 13 new regulations to secure Kenya’s energy future

October 15, 2025

Njerae expands her world with surprise release of ‘Four Letter Word (Deluxe)’ EP

October 15, 2025

EPK hands over final 8 IT labs, completing Ksh. 33M Nandi County investment

October 15, 2025

Dr. Catherine Masitsa & Zena Nyambu to join cast of The Real Housewives Ultimate Girls Trip: Africa

October 15, 2025

Introducing NCBA ConnectPlus, a new corporate banking platform powered by Intellect

October 15, 2025

Minet Kenya to host annual golf tournament on October 17 at Karen Country Club

October 15, 2025

Software Group and ELM forge Global fintech partnership at GITEX 2025

October 15, 2025

Buy Now, Pay Later solution, LOOP FLEX, launched with Ksh. 1M limit & 10% deposit

October 15, 2025

DPGSK annual conference to focus on Data Governance in Africa

October 15, 2025
  • About
  • Advertise
  • Contact
  • Privacy Policy
© 2018 HapaKenya Media Ltd. - All rights reserved