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Mwananchi Credit Logbook Loan

Mwananchi Credit is one of Kenya's leading logbook lenders, offering vehicle-secured loans of between KES 50,000 and KES 5,000,000. The company retains the vehicle logbook as security while the borrower keeps possession and use of the vehicle during the loan period. Mwananchi Credit is regulated by the Central Bank of Kenya and operates under the Movable Property Security Rights Act 2017.

4,2 / 5

Conditions summary

Loan amountKSh 50,000 – KSh 5,000,000
Interest rate (p.a.)36.00 % – 60.00 %
Repayment term3 – 36 months
Approval24 hours
TypeOnline

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