Watu Credit specializes in providing Boda Boda loans to individuals who may struggle to qualify for traditional bank loans. Their focus is on making the loan process easy with minimal paperwork and without considering the applicant’s credit history. Today, we’ll delve into Watu Credit’s motorbike prices and loan options.
Watu Credit Motorbike Prices
| Motorbike Brand | Motorcycle Model | Current Market Price (Ksh) |
|---|---|---|
| Bajaj | BOXER Pulsar 125 (single seat) | 117,700 |
| Haojin | HJ125-50 | 111,500 |
| Jincheng | Jincheng 200cc Offroad | 219,000 |
| Lifan | Kpv 150 ADV 2024 | 280,500 |
| Piaggio | Mp3 Sport 400 2024 | 1,143,890 |
| Skygo | Skygo KPV 150 | 207,900 |
| Sonlink | Sonlink 150/200cc Cruicer GN | – |
| TVS | TVS Apache RTR 310 2024 | 324,500 |
Watu Credit Loans, Repayment, Branches and Contacts
Watu Credit Motorcycle Loans: Steps and Requirements
Loan Application Process:
- Visit the nearest Watu Credit authorized dealer.
- Select a suitable motorbike with the help of a loan officer.
- Choose a repayment plan according to your financial situation.
- Sign the loan agreement and receive your chosen motorbike.
Loan Application Requirements:
- Genuine national ID card and that of a guarantor.
- Copy of KRA PIN certificate.
- Age between 20 to 65 years (if 18 or 19, a parent or guardian must accompany).
- One guarantor aged 20 years and above.
- Deposit of 20,000 Ksh.
- Active Safaricom SIM number with M-PESA for six months.
- Two referees.
Loan Repayment Process and Period
Repayment Method:
- Repay daily or weekly via M-PESA Pay Bill number (659880).
Steps for Repayment:
- Access M-PESA and select “Lipa na M-PESA.”
- Choose “Pay Bill” and enter 659880 as the Business Number.
- Input your phone number as the Account Number.
- Enter the repayment amount and confirm the transaction.
Maximum Repayment Period: 24 months.
Contacting Watu Credit and Branch Locations
Contact Information:
- Phone: +254 790 000 999 or +254 709
- Email: info@watucredit.com
Branch Locations:
- Meru: Njuri Ncheke Street
- Nairobi: Vision Plaza, Mombasa Road
- Nakuru: Eldoret Highway
- Narok: B3 Road
- Kitui: Kibwezi-Kitui Road
- Bungoma: Adjacent to the Governor’s Office
- Kisumu: MURBS Building, Makasembo Road
- Kitale: Mak Asembo Street
- Kisii: Metro Hotel Ground Floor, Migori Road
- Kakamega: Kisumu-Kakamega highway
- Kapsabet: Jean-Marie Seroney Road
- Eldoret: Pioneer Business Center, Kisumu Road
- Bomet: Silibwet Junction
- Mumias: Mumias Musanda Road
- Kericho: Tengecha Lane
- Migori: A1 Road
- Voi: Car and General Voi
- Maua: Mbale Kaburu Complex
- Siaya: Ragama Building
- Homabay: A1 Road
- Malindi: B8 Road