Yes, via Libby (Aubora Overdrive), but you have to borrow the books on a PC or on your mobile and then transfer them to the Kobo.
You also need a library card so that you can borrow the books.
Because of the copy protection (DRM), you need Adobe Digital Editions (ADE), where you add the eBook and send it directly from ADE to your Kobo when you have connected it via cable.