Logbook loans are a popular financing option in Kenya, especially for individuals and small business owners who need quick access to funds. These loans are secured using a vehicle’s logbook as collateral and can cover up to 80% of the car’s value, depending on the provider and condition of the vehicle. Most lenders disburse funds within 24 hours.
If you’re considering this type of financing in 2025, here’s a curated list of some of the most reliable logbook loan providers in Kenya, including their loan terms, requirements, and contact details.
1. MOGO Kenya
A part of the international Mogo Finance Group, MOGO Kenya provides quick and affordable logbook loans ranging from KES 100,000 to KES 1.5 million. Repayment periods extend up to 5 years, with both weekly and monthly plans available.
Contact: 0768 469 112
Email: [email protected]
2. Auto Advance Logbook Loans
Auto Advance stands out for its customer-friendly approach—offering loans with no hidden charges and no CRB checks. It provides reliable services to clients in Nairobi and beyond.
Location: Millennium Place, Buru Buru, Nairobi
Contact: 0765 650 650
Email: [email protected]
3. Mwananchi Credit
Mwananchi Credit is a well-established lender known for its fast and flexible logbook loans. Borrowers can access up to 80% of their vehicle’s market value, with loan approvals processed in as little as 6 hours.
Requirements:
- Original logbook
- Six months’ bank statement
- M-Pesa statement
- Valid comprehensive insurance
Contact: 0709 147 000
Email: [email protected]
4. Jijenge Credit Limited
Jijenge offers flexible loan amounts ranging from KES 50,000 to KES 10 million, with repayment terms between 1 and 12 months.
Requirements:
- Original logbook
- National ID and KRA PIN
- Two passport photos
- Valid comprehensive insurance
- Vehicle valuation report or renewal notice
Contacts: 0711 282 727 / 0703 282 727
Email: [email protected]
5. FinCredit Limited
Operating in both Kenya and Uganda, FinCredit provides logbook loans alongside other credit services. It caters to SMEs, salaried individuals, and micro-entrepreneurs.
Location: Methodist Ministries Centre, Oloitokitok Road, Lavington
Contacts: 020 386 1673 / 0735 880 417 / 0722 425 050
Email: [email protected]
6. Bidii Credit Limited
Bidii Credit offers quick logbook loans with minimal processing time. Borrowers must have a clean credit history and a properly documented vehicle.
Requirements:
- Logbook in applicant’s or guarantor’s name
- Clean CRB record
- Six-month bank statement
- Vehicle valuation
- Comprehensive insurance
- Transfer forms and passport photos
Contact: 0709 840 000
Email: [email protected]
7. Platinum Credit Kenya
Platinum Credit offers logbook loans between KES 50,000 and KES 2 million, repayable over 1 to 12 months. Their process is efficient, and disbursement is often same-day.
Requirements:
- Six months’ bank statement
- Valid ID and KRA PIN
- Original logbook
- Valid comprehensive insurance
Contacts: 0709 900 000 / 0730 900 000
Email: [email protected]
8. Momentum Credit
Momentum Credit offers quick approval loans up to KES 2 million, lending up to 60% of the vehicle’s value with a 24-hour disbursement turnaround.
Requirements:
- Original logbook
- ID and KRA PIN
- Vehicle valuation report
- Comprehensive insurance
- Six months’ bank statement
Contacts: 0709 434 000 / 0709 434 900
Email: [email protected]
9. Ngao Credit Limited
Ngao Credit provides fast loans against vehicles, lending up to 60% of the vehicle’s value with repayment terms of up to 24 months.
Requirements:
- Original vehicle logbook
- ID and PIN
- Six months’ bank statement
- Post-dated cheques
- Comprehensive insurance
Contact: 0709 650 000
Email: [email protected]
10. Citizens Credit Limited
Citizens Credit allows borrowers to secure loans using one or multiple vehicles as collateral, offering more flexibility in funding.
Requirements:
- Original logbook(s)
- Applicant’s ID and KRA PIN
- Two passport photos
- Six-month bank statement
- Comprehensive insurance
Location: 11th Floor, Finance House, Loita Street, Nairobi
Contact: 0722 646 687
Important Note:
Before applying for a logbook loan, evaluate your repayment ability. Always review the interest rates, processing fees, and loan terms carefully. Defaulting on payments may result in repossession of your vehicle.
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