Products

Asset Finacing

Key features

Asset financing loan is a loan product for clients intending to purchase motor vehicles. The Company is currently focusing on motorbikes and three wheelers. The financed asset serves as collateral for the loan.

Loan amount

Up to 75% of asset value

Loan Application

Via Watu Credit branch offices or partner dealerships

Duration

Up to 14 months

Interest method

Flat

Interest rate

Variable

Repayment Frequency

Weekly

Extendable

No

Repayment Method

Mpesa transfer

Eligibility

  • National ID for borrower and guarantors;
  • Kenya Revenue Service PIN certificate;
  • Client minimum deposit;
  • Two guarantors;
  • Good credit history and current standing;