Leading credit only microfinance Jijenge Credit led by the Founder and Managing Director Peter Macharia Kamau has taken a moment to share with us about Logbook Loans calculator.
“LogBook Loan is a loan that is secured against the value of your car. This loan can be used for any purpose and is ideal for people looking to expand their business, foray into new ventures, or supplement the working capital cash flow deficits.
All LogBook Loans are subjected to a loan appraisal process. Once a loan has been approved the loan will be disbursed within 24 hours, either Via Mpesa, cheque, or to a bank account.
Anyone who owns a private, commercial, or passenger service vehicle.
Loans can be secured against more than one motor vehicle at the same time.
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
6 Months Bank and M-Pesa Statements
Loan Tenure is up to 24 Months
We wish Jijenge Credit under the leadership of Managing Director and Founder Peter Macharia Kamau God’s immeasurable blessings and favor