Business Loan
Mogo Asset Financing
Mogo Kenya
Last updated: January 14, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
13% - 17% p.a.
Loan Amount
Ksh 30,000 - Ksh 3,000,000
Approval Time
24-48 hours
Processing Fee
2.5% of loan amount%
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Pros & Cons
Pros
- Fast approval (24-48 hours)
- Lower down payment requirements
- Insurance included in monthly payments
- Mobile app convenience
- GPS tracking for security
Cons
- Asset serves as collateral
- Daily penalty for late payments
- Limited to motorcycles and small vehicles
- Shorter maximum term (24 months)
Customer Reviews
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Product Details
Features
- Finance motorcycles from KES 30,000
- Quick mobile app processing
- Flexible down payment options
- Insurance included in package
- GPS tracking on financed assets
Eligibility Requirements
Age: 18 - 65 years
Min Income: Ksh 20,000/month
Employment: Business owner, Self-employed, Boda boda rider
Required Documents
- National ID
- M-Pesa statement (3 months)
- Proof of income
- Business registration (if applicable)
Repayment Options
M-PesaBank TransferStanding Order
Ready to Apply?
Get started with Mogo Asset Financing today. Fast approval and competitive rates.
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