Mogo unveils best price guarantee campaign offering most affordable and accessible car logbook loans in Kenya.
NAIROBI, Kenya, Mar 26 – East Africa’s leading asset financier Mogo has launched the Best Price guarantee campaign to reaffirm its commitment to offering the most affordable and accessible car logbook loans in Kenya.
The asset financier seeks to distinguish itself from competitors that impose stringent conditions and high-interest rates, which often place an additional financial burden on borrowers.
As a non-deposit-taking credit provider licensed and regulated by the Central Bank of Kenya (CBK) leverages advanced technology to ensure a seamless loan application process with customers expecting fast approvals, flexible repayment options and a hassle-free experience with no hidden charges.
“Mogo is committed to making financing easily accessible to Kenyans, with a vast branch network ensuring that customers across the country can receive financial support when they need it most,” said Branton Mutea, Deputy Country Manager at Mogo Kenya.
The eligibility criteria have been simplified, requiring only a valid logbook, national ID, and KRA PIN, with funds disbursed within hours.
In addition best price guarantee assures customers that for the same loan amount and term, they will repay less with Mogo than with another non-deposit-taking credit provider licensed and regulated by the Central Bank of Kenya, provided they adhere to the original loan schedule.
To further enhance customer experience, Mogo has invested in advanced website that allow applicants to apply for loans, sign contracts, and receive funds efficiently.
With the increase demand for car logbook loans in Kenya driven by individuals seeking quick financing solutions for emergencies, business expansion, and personal financial needs Mogo is responding to the demand by offering a streamlined, technology-driven approach that prioritizes affordability and accessibility.
“The company adheres to all CBK regulations, including Credit Reference Bureau and Digital Credit Providers Regulations, ensuring full compliance and transparency in its operations,” added Mr Mutea.
