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Mobi loan is a part of Logbook loan. It’s a top-up that is borrowed and disbursed via the mobile phone (M-Pesa). This is taken by existing clients who have long-term loans they are servicing or have cleared their facility but we are still in possession of their security (Logbook).
One can borrow up to 60% of the value of the vehicle with a maximum amount of Ksh. 300,000
An existing customer of Ngao Credit or one who has cleared their facility but the security is still with Ngao Credit
Yes. The minimum age of the car is between 2004 and 2006
Credit Life Insurance which is deducted at the point of loan disbursement
The repayment period is 3 months
You can get up to 60% of the value of the of your car in just 6 hours and a repayment period of up to 24 months.
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