Top logbook loan providers in Kenya

Mogo Kenya
Mogo Kenya

Getting caught up in a cash crunch can be devastating, luckily you can get the most appropriate and trustworthy service provider for loans. Here are Top logbook loan providers in Kenya

The basic requirement for car financing in Kenya is usually the original car logbook, national ID & PIN and 2 passport photos.

Best affordable cheap car logbook loans in Kenya

Here are the top 5 best companies offering loans secured using a vehicle’s logbook;

1. Ngao Credit Limited

Ngao Credit offers quick loans against motor vehicles.  You can borrow up to 60% of the value of your car in 6 hrs and repay within a period of up to 24 months. Customers can borrow up to 5 Million against their logbook and can get the cash in 6 hours to sort their financial emergency. 


  • Original logbook
  •  Original national ID & PIN
  •  Latest 12 months bank statements
  •  Post-dated cheque(s)
  • Comprehensive insurance

2. Jijenge Credit Limited

Jijenge Credit is a non-deposit taking Micro Finance Lending Institution with over 10,000 clients in Kenya, Sudan and Tanzania, and its head office is at Town House, Nairobi, Kenya.

The financial institution offers Logbook Loans where one can borrow from 50000 to 10,000,000 for about 12% in a year. The repayment period ranges from 1 to 12 months. There are no penalties for settling your financial liability before the end of your contract term.

Requests are processed within 1 hour.

Loan Application Requirements

  • 2 Clear copy of the original ID.
  • Copy of KRA Pin.
  • One recent color passport-sized photographs
  • Original Vehicle Logbook
  • Valid Comprehensive Insurance cover.
  • Motor valuation report/ Renewal Notice
  • Sales Agreement
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3. Mwananchi Credit Limited

You can get up to 90% of the value of the car. You can as well combine several logbooks into one loan ( if you have a fleet of vehicles) and can qualify from a minimum of Kshs 100,000 to as much as Kshs 25,000,000 in a single loan.

Logbook Loans at Mwananchi Credit take six hours or less from the application, processing until disbursement is done. The loans accompany specific interest rates from as low as 2.5% based on the repayment plan and amount borrowed.

Mwananchi Credit has an online calculator that helps borrowers determine interest rates based on the principal amount and the repayment plan at hand.


  • Original car or motorbike logbook
  • KRA PIN of the applicant
  • Original national ID card of the applicant
  • Two passport size photos
  • Six months bank statement
  • Comprehensive insurance certificate cover

4. Momentum Credit

Momentum Credit offers its clients access to up to 60% of the car’s value. Also, they can lend a maximum of Ksh.5 million to any applicant that meets their criteria and a flexible loan term of up to 18 months.

The car’s manufacturing date should not exceed fifteen years. Once you have submitted all the necessary documents, you get your loan after 24 hours.


Individual Application

  • Original Logbook
  • Copy of ID
  • KRA Pin

Corporate Application

  • Original Logbook
  • Certificate of registration/Incorporation
  • KRA Pin

5. Mogo

Mogo offers logbook loans with the finance of up to 80% of any car’s value regardless of age or make with a loan term up to 60 months.

The loan can last for as long as 5 years at a reasonable rate of interest. With Mogo logbook loan, you can continue using your car for the whole duration of the loan. The maximum amount you can get from our company is 1,500,000 KES with a minimum of 100,000 KES.

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The company also offers logbook loans and boda boda (motorcycle) loans to its potential customers in 24 hours which can be processed at different branches in Nairobi, Mombasa, Nakuru, Eldoret and Kisumu.


Basic conditions:

  • You have a logbook in your name
  • Personal ID or passport
  • Proof of income

Preliminary offer:

  • Loan approval within 24 hours
  • Of any age and make of the car
  • At MOGO branch (Nairobi, Mombasa, Nakuru, Eldoret, Kisumu) or online