MOGO is a global financial company offering affordable, accessible financing solutions to Kenyans. The company specializes in used car loans, logbook loans, boda boda and tuk-tuk financing, helping individuals and small business owners to access credit quickly and efficiently. MOGO’s flexible loan products cater to a wide range of financial needs, with convenient repayment terms and quick loan processing times.
The demand for affordable financing has significantly grown in Kenya, especially among small business owners and individuals seeking alternative means of income, such as in the boda boda and tuk-tuk sectors. MOGO has tapped into this need, providing hassle-free loans with flexible payment terms. This article outlines MOGO’s key products and lists its branch locations across Kenya.
MOGO Products
MOGO Kenya offers a range of products designed to meet the varying financial needs of its customers:
- Car Financing
- For individuals who have identified a car but need financial support to make the purchase.
- Loan Amount: Up to Ksh 2.5 million.
- Car Type: Any age and model of the car can be financed.
- Deposit: First deposit is only 20%.
- Repayment Term: Up to 60 months (5 years).
- Loan Approval Time: Processed within 24 hours.
- Logbook Loans
- For car owners looking to unlock liquidity by using their vehicle as collateral.
- Loan Amount: Up to 80% of the car’s market value, with a maximum loan of Ksh 2.5 million.
- Benefits: Borrowers can continue driving their car while repaying the loan.
- Repayment Term: Flexible repayment periods of up to 60 months.
- Quick Processing: Funds are available within 24 hours.
- Boda Boda Loans
- Targeting individuals looking to purchase motorcycles, particularly for use in the boda boda (motorbike taxi) industry.
- Daily Payments: Repayment starts from as little as Ksh 300 per day.
- Deposit: First deposit starts from Ksh 15,000.
- Ownership: Customers can become the legal owners of their boda boda within 52-78 weeks, depending on their payment preference.
- Motorbike Options: Choose from a wide range of motorcycle models, including Bajaj, Boxer, TVS, and more.
- Tuk-Tuk Loans
- MOGO also provides loans for the purchase of tuk-tuks, a popular form of transportation and delivery service in Kenya.
- Similar repayment structures to boda boda loans, with manageable daily payment options and quick loan approvals.
List of MOGO Branches in Kenya
To serve its growing customer base, MOGO has established branches across Kenya, allowing customers to easily access its financial products. Below is a list of MOGO branches:
- Nairobi Prestige Plaza Branch
- Location: Ngong Road, Inside Prestige Plaza, Ground Floor.
- Nairobi CBD Branch
- Location: Pioneer Koinange, Ground Floor, Entrance From Standard Street.
- Kitengela Branch
- Location: 1st Floor, Kitengela Mall, Nairobi-Namanga Road.
- Kiambu Branch
- Location: Ground Floor, Kiambu Mall, Kiambu Road.
- Thika Branch
- Location: Ananas Mall, Garissa Road.
- Meru Branch
- Location: Opposite Standard Chartered Bank, Moi Avenue.
- Kisumu Branch
- Location: Central Square Building, Along Oginga Odinga Street.
- Eldoret Branch
- Location: Zion Mall, Wing C, 1st Floor, Room 2.
- Nakuru Branch
- Location: The Jennifer Riria Hub, Ground Floor, Office 032.
- Mombasa Branch
- Location: Moi Avenue, Jubilee Insurance Building, Ground Floor, Shop 3.
Why Choose MOGO?
MOGO has built a strong reputation in Kenya by offering:
- Fast Loan Processing: Loans are processed and approved within 24 hours, allowing customers to access funds quickly.
- Flexible Repayment Terms: MOGO provides flexible repayment plans, with terms extending up to 60 months, making it easier for customers to manage their financial commitments.
- Low Deposit Requirements: Whether for cars, boda bodas, or tuk-tuks, MOGO’s low deposit requirements ensure that customers can access financing even with limited upfront funds.
- Wide Range of Products: From car financing to boda boda and tuk-tuk loans, MOGO caters to diverse customer needs, making it a versatile financial partner.
MOGO Kenya Contacts
For more information or to apply for a loan, you can contact MOGO Kenya through the following channels:
- Phone: 0768 469 112, 0719 089 999
- Email: info@mogo.co.ke
- Website: MOGO Kenya
MOGO continues to play a vital role in empowering Kenyans by providing easy access to financing, especially for those in the transportation industry. With branches across the country and a diverse product range, MOGO is well-positioned to support the financial needs of individuals and businesses in Kenya.
