Top logbook loan providers in Kenya

Here is a list of logbook loan providers who offer quick emergency, cheap logbook loans against motor vehicles in Kenya

Getting caught up in a cash crunch can be devastating, luckily you can get the most appropriate and trustworthy service provider for loans.

There are several logbook loan providers who offer quick emergency, cheap logbook loans against motor vehicles, we have sampled some of the best affordable emergency cheap logbook loans 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

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.