Logbook loans have become a popular option for individuals in Kenya who need quick access to cash. These loans are secured by the vehicle’s logbook, allowing borrowers to access funds quickly, often within 24 hours. If you’re considering a logbook loan, it’s important to know which providers offer the best terms and services. Here is a list of the best logbook loan providers in Kenya in 2026.
1. Mwananchi Credit
Mwananchi Credit is one of Kenya’s leading logbook loan providers. It offers loans of up to 80% of the vehicle’s trade value, with approval typically completed within 6 hours. To qualify, you will need the original logbook, six months of bank statements, an M-Pesa statement, and a comprehensive insurance certificate.
Contact: 0709 147 000
Email: [email protected]
2. MOGO Kenya
Part of the Mogo Finance Group, MOGO Kenya offers logbook loans ranging from Ksh 100,000 to Ksh 1,500,000, with a repayment period of up to 5 years. The loans are processed within 24 hours, and you can choose to repay on a weekly or monthly basis.
Contact: 0768 469 112
Email: [email protected]
3. Auto Advance Logbook Loans
Auto Advance offers logbook loans with no extra fees and no CRB checks. It’s a great option for those who need quick loans with minimal documentation.
Location: Millenium Place, Buru Buru, Nairobi
Contact: 0765 650 650
Email: [email protected]
4. Jijenge Credit Limited
Jijenge Credit offers loans ranging from Ksh 50,000 to Ksh 10,000,000, with repayment periods from 1 to 12 months. Requirements include the original logbook, KRA PIN, a recent motor vehicle valuation, and valid insurance cover.
Contact: 0711 282 727, 0703 282 727
Email: [email protected]
5. FinCredit Limited
FinCredit is a premier microfinance institution operating in Kenya and Uganda, offering logbook loans, SME loans, and more. With an asset base of Ksh 20 billion, FinCredit provides reliable lending solutions.
Location: 1st Floor, Methodist Ministries Centre, Oloitokitok Road, Lavington
Contact: 020 386 1673, 0735 880 417, 0722 425 050
Email: [email protected]
6. Bidii Credit Limited
Bidii Credit offers logbook loans with competitive rates. They require the vehicle to be in your name, a clean credit history, and documents like six months of bank statements, a motor vehicle valuation, and signed transfer forms.
Contact: 0709 840 000
Email: [email protected]
7. Platinum Credit
Platinum Credit provides logbook loans ranging from Ksh 50,000 to Ksh 2,000,000 with repayment terms of 1 to 12 months. Members are required to provide bank statements, KRA PIN, and the original logbook.
Contact: 0709 900 000, 0730 900 000
Email: [email protected]
8. Momentum Credit
Momentum Credit offers loans up to Ksh 2,000,000 with a 24-hour approval time. They lend up to 60% of the car’s value, and you can apply with the original logbook, KRA PIN, motor vehicle valuation report, and insurance.
Contact: 0709 434 000, 0709 434 900
Email: [email protected]
9. Ngao Credit Limited
Ngao Credit offers logbook loans where you can borrow up to 60% of your car’s value, with a repayment period of up to 24 months. Required documents include the original logbook, national ID, KRA PIN, bank statements, and comprehensive insurance.
Contact: 0709 650 000
Email: [email protected]
10. Hazina Sacco
Hazina Sacco offers logbook loans with competitive interest rates and high dividends. The SACCO’s asset base is Ksh 12.76 billion, and it provides quick loan processing for both salaried and non-salaried individuals.
Contact: 020 277 1000
Email: [email protected]
11. Sheria Sacco
Sheria Sacco has been offering logbook loans since 1972. They cater primarily to employees of the judiciary, government ministries, and other individuals with verifiable income. They are known for high dividend payouts, making them a great choice for long-term investment.
Contact: 0700 850 850
Email: [email protected]
12. Kenya Police Sacco
The Kenya Police Sacco offers logbook loans to both serving and retired police officers, civil service employees, and the business community. With an asset base of Ksh 48.98 billion, they provide attractive loan terms and competitive interest rates.
Contact: 0700 850 850
Email: [email protected]
13. Unaitas Sacco
Unaitas Sacco offers logbook loans with an asset base of Ksh 20.40 billion. They provide various loan products including business loans, project loans, and agricultural financing.
Contact: 0711 282 727
Email: [email protected]
14. Imarisha Sacco
Imarisha Sacco, with an asset base of Ksh 19.82 billion, provides logbook loans and other financial services. Their extensive branch network across Kenya makes it easy for members to access funds quickly.
Contact: 0722 425 050
Email: [email protected]
15. Tower Sacco
Tower Sacco, one of the largest in Kenya, offers logbook loans with favorable terms. With over 250,000 members, it provides a wide range of financial products including loans, savings accounts, and investment options.
Contact: 0700 900 000
Email: [email protected]
16. Ukulima Sacco
Ukulima Sacco is known for its strong loan products, including logbook loans, and offers an asset base of Ksh 14.66 billion. The SACCO serves a broad range of clients from various sectors, ensuring quick loan processing.
Contact: 0722 425 050
Email: [email protected]
17. Invest & Grow Sacco (IG Sacco)
IG Sacco is a well-managed SACCO with an asset base of Ksh 12.96 billion, offering logbook loans with competitive interest rates and quick processing times.
Contact: 0722 650 000
Email: [email protected]
18. Ollin Sacco
Ollin Sacco offers affordable financial services and is one of the highest dividend-paying SACCOs in Kenya. They provide logbook loans with a 17.5% dividend payout.
Contact: 0722 650 000
Email: [email protected]
19. Bandari Sacco
Bandari Sacco offers logbook loans to its members, providing financial services at competitive interest rates. The SACCO has an asset base of Ksh 12.01 billion and serves over 18,000 members.
Contact: 0700 850 850
Email: [email protected]
20. Mafanikio Sacco
Mafanikio Sacco provides financial empowerment through logbook loans with a high dividend payout rate of 18%. It is one of the most reliable SACCOs in Kenya.
Contact: 0722 650 000
Email: [email protected]
Conclusion
When considering a logbook loan, it’s essential to evaluate the terms, interest rates, and repayment periods offered by different providers. The logbook loan providers in Kenya listed here offer a variety of options, ensuring you can find a solution that fits your financial needs. Always be sure to review the loan conditions and your ability to repay before applying.
