Watu Credit Limited

Compare all 3 products from Watu Credit Limited in Kenya. Rates from 2%. Borrow up to Ksh 5,000,000.

Lowest Rate

Ksh 5,000,000

Max Amount

1-3 working days

Fastest Disbursement

Total Products

Business Loans

Product	Rate	Amount	Turnaround
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→

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Buy Now Pay Later

Product	Rate	Amount	Turnaround
Watu Credit Asset Financing	2% - 5%	Ksh 20,000 - Ksh 500,000	24-72 hours	Apply

View all Buy Now Pay Later→

Watu Credit Limited Pros & Cons

+Pros

✓Specialized asset financing for boda boda
✓Flexible repayment up to 36 months
✓Branch support in major towns
✓No strict credit history requirements
✓Finance up to 100% of asset value
✓Low deposit (10% minimum)

-Cons

✗Longer approval time (3-5 days)
✗Requires guarantor
✗Limited to asset financing
✗Higher interest than traditional banks
✗High interest rates (36-54% p.a.)
✗Processing fee of 3%

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Business ownerSelf-employedBoda boda riderAny - boda boda operators, delivery riders, business ownersBusiness ownersBoda-boda operators

Required Documents (across all products)

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

Frequently Asked Questions

What interest rates does Watu Credit Limited offer?

Watu Credit Limited offers interest rates ranging from 2% 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 Limited?

Watu Credit Limited offers loan amounts from Ksh 20,000 up to Ksh 5,000,000 depending on the product and your eligibility.

How fast does Watu Credit Limited disburse loans?

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

Does Watu Credit Limited require CRB clearance?

Watu Credit Limited 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.