Watu Credit

Compare all 3 products from Watu Credit in Kenya. Rates from 2.99%. Borrow up to Ksh 5,000,000.

2.99%

Lowest Rate

Ksh 5,000,000

Max Amount

1-3 working days

Fastest Disbursement

Total Products

Business Loans

Product	Rate	Amount	Turnaround
Watu Motorbike Financing	2.99% - 4.5%	Ksh 40,000 - Ksh 350,000	1-3 working days	Apply
Watu Business Loan	14% - 18%	Ksh 50,000 - Ksh 5,000,000	3-5 business days	Apply
Watu Motorbike Financing	2.99% - 4.5%	Ksh 40,000 - Ksh 350,000	1-3 working days	Apply

View all Business Loans →

Watu Credit Pros & Cons

+Pros

✓Low deposit (10% minimum)
✓Quick approval (24-48 hours)
✓Free GPS tracking and insurance
✓Flexible terms up to 3 years
✓No early repayment penalty
✓Partner with major dealers

-Cons

✗High interest rates (36-54% p.a.)
✗Processing fee of 3%
✗Requires guarantors
✗Motorbike held as collateral
✗Risk of repossession on default
✗Longer approval time (3-5 days)

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Any - boda boda operators, delivery riders, business ownersBusiness ownerSelf-employedBoda boda rider

Required Documents (across all products)

●Valid Kenyan ID
●Passport photo
●Guarantor details (1-2 guarantors)
●Proof of income or business
●Valid driving license (for riders)
●National ID
●Business permit or registration
●M-Pesa statement (6 months)
●Proof of business income
●Guarantor details

Frequently Asked Questions

What interest rates does Watu Credit offer?

Watu Credit offers interest rates ranging from 2.99% to 18% across their 3 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from Watu Credit?

Watu Credit offers loan amounts from Ksh 40,000 up to Ksh 5,000,000 depending on the product and your eligibility.

How fast does Watu Credit disburse loans?

The fastest disbursement time from Watu Credit is 1-3 working days. Actual processing time varies by product type and application completeness.

Does Watu Credit require CRB clearance?

Watu Credit 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.