Mogo Kenya

Compare all 4 products from Mogo Kenya in Kenya. Rates from 2.5%. Borrow up to Ksh 5,000,000.

2.5%

Lowest Rate

Ksh 5,000,000

Max Amount

Same day (2-6 hours)

Fastest Disbursement

Total Products

Personal Loans

Product	Rate	Amount	Turnaround
Mogo Car Logbook Loan	2.5% - 4%	Ksh 50,000 - Ksh 5,000,000	Same day (2-6 hours)	Apply
Mogo Personal Loan	15% - 20%	Ksh 5,000 - Ksh 500,000	24 hours	Apply

View all Personal Loans →

🏢

Business Loans

Product	Rate	Amount	Turnaround
Mogo Asset Financing	13% - 17%	Ksh 30,000 - Ksh 3,000,000	24-48 hours	Apply

View all Business Loans →

🚗

Logbook Loans

Product	Rate	Amount	Turnaround
Mogo Logbook Loan	3% - 5%	Ksh 50,000 - Ksh 2,500,000	24-48 hours	Apply

View all Logbook Loans →

Mogo Kenya Pros & Cons

+Pros

✓No early repayment penalty
✓Same-day disbursement
✓Keep driving your vehicle
✓Up to 70% of vehicle value
✓No salary slips required
✓Free GPS tracking

-Cons

✗High interest rates (30-48% p.a.)
✗Processing fee of 4%
✗Vehicle must be less than 12 years old
✗Logbook held as security
✗Risk of vehicle repossession on default
✗Higher interest rates (15-20% p.a.)

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Any - employed, self-employed, business ownerSalariedSelf-employedBusiness ownerBoda boda riderEmployedBusiness owners

Required Documents (across all products)

●Valid Kenyan ID/Passport
●Original vehicle logbook
●Vehicle must be less than 12 years old
●Valid insurance
●KRA PIN Certificate
●Recent passport photo
●National ID
●M-Pesa statement (3 months)
●Proof of income
●Business registration (if applicable)

Frequently Asked Questions

What interest rates does Mogo Kenya offer?

Mogo Kenya offers interest rates ranging from 2.5% to 20% across their 4 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from Mogo Kenya?

Mogo Kenya offers loan amounts from Ksh 5,000 up to Ksh 5,000,000 depending on the product and your eligibility.

How fast does Mogo Kenya disburse loans?

The fastest disbursement time from Mogo Kenya is Same day (2-6 hours). Actual processing time varies by product type and application completeness.

Does Mogo Kenya require CRB clearance?

Mogo Kenya does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.