* 3 months: 10% per month
* 4 -24 months: 3.5% per month
Additional Third-Party Fees:
This product is provided by Mwananchi Credit. Mwananchi Credit is a Non-deposit taking Microfinance Institution duly registered under the Companies Act No 17 of 2015.
Mwananchi Credit logbook loans are designed for individuals who own vehicles. Mwananchi Credit offers logbook loans that cover up to 50% of your car's value. As of May 2022, Mwananchi Credit has branches in Nairobi, Mombasa, Nakuru, Eldoret, Thika, and Kisumu.
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