Home > Salary > Kenya > Loan Administrator
A loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.
Estimated Yearly Salary: 975,738 KES
Estimated Monthly Salary: 81,312 KES
Estimated Weekly Salary: 18,764 KES per week
Estimated Hourly Salary: 469 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 78,355 KES
Estimated Weekly Salary: 18,082 KES per week
Estimated Hourly Salary: 452 KES per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 6,162 USD
Estimated Monthly Salary: 514 USD
Estimated Weekly Salary: 119 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 975,738 KES
Estimated Monthly Salary: 81,312 KES
Estimated Weekly Salary: 18,764 KES per week
Estimated Hourly Salary: 469 KES per hour
By working as Loan Administrator a person can save up to 274 USD per month or 3,282 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Loan Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Loan Administrator salary in Kenya
Average Yearly Salary of Loan Administrator in Kenya is approximately 975,738 KES (6,162 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Administrator do?
A loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.
Skills: loan administration, loan processing, credit analysis, compliance management, loan documentation, customer service
Job industry: Banking
Job industry: Banking
How much does Loan Administrator make?
Salary details
How much does Loan Administrator make?Estimated Yearly Salary: 975,738 KES
Estimated Monthly Salary: 81,312 KES
Estimated Weekly Salary: 18,764 KES per week
Estimated Hourly Salary: 469 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 940,258 KESEstimated Monthly Salary: 78,355 KES
Estimated Weekly Salary: 18,082 KES per week
Estimated Hourly Salary: 452 KES per hour
Last revision of data: 2024-01-07Loan Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,162 USD
Estimated Monthly Salary: 514 USD
Estimated Weekly Salary: 119 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Administrator job salary compared to average salary in Kenya.
Comparison shows that a person working as Loan Administrator in Kenya earns on average:
1.12 times the average salary (or 112% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Administrator job salary compared to average salary in Kenya.
Comparison shows that a person working as Loan Administrator in Kenya earns on average:
1.12 times the average salary (or 112% of average salary).
Is Loan Administrator a well paid job?
Yes, our data show that Loan Administrator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Administrator?
High salary for Loan Administrator would be somewhere between 1,073,312 KES and 1,414,820 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Administrator in Kenya?
Living in Kenya the approximate monthly expenses are: 240 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 975,738 KES
Estimated Monthly Salary: 81,312 KES
Estimated Weekly Salary: 18,764 KES per week
Estimated Hourly Salary: 469 KES per hour
By working as Loan Administrator a person can save up to 274 USD per month or 3,282 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Administrator
Ethiopia is 1,973 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Kenya
(9,866,711 KES per year, pre-tax.)
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8. Urologist
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Data as of 2025Random salary:
Mainframe architect (2,211,368 KES per year, pre-tax.)
Athletic director (collegeuniversity) (1,198,560 KES per year, pre-tax.)
Journeymen electrician (895,625 KES per year, pre-tax.)
Public health nurse (1,043,424 KES per year, pre-tax.)
Facility services sales representative (676,111 KES per year, pre-tax.)
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