This article focuses on the features and requirements for MOGO boda boda loans in Kenya. MOGO is a fintech company that provides financing to passenger cars, boda boda financing and logbook loans. Loans range from Kshs 50,000- 2.5 million for a period of 6- 60 months.
MOGO offers loans for boda boda models such as Bajaj, Boxer, TVS, Haojin, Haojue, Ranger, Captain, Evalast, Lifan, Kifaru, Tiger, Dayun, Yamaha, Skygo, Jinchang and many more.
The company has several boda boda branches countrywide which have all models under one roof and works with many authorised partner dealerships.
Features and Requirements for New Boda Boda Loans
(i). Features
- Down payment of Kshs 25,000 on any boda boda.
- Start paying from as little as Kshs 364 per day
- Choose any motorbike model and start riding within 2 hours.
- Get Kshs 3,000 fuel voucher when you buy a new Boxer, TVS or Haojin from MOGO boda branches.
(ii). Requirements
- Provide 6 months Mpesa statement.
- Provide National ID.
- Own KRA PIN.
- Be 23-65 years old.
- Have one guarantor.
- Kshs 25,000 down payment.
Features and Requirements for Second-hand Boda Boda Loans
(i). Features
- Start paying from as little as Kshs 199 per day.
- Down payment from Kshs 10,000.
- Choose any available motorbike model and start riding within 2 hours.
(ii). Requirements
- Provide 6 months Mpesa statement.
- Provide National ID.
- KRA PIN.
- Be 23-65 years old.
- Have 1 guarantor.
- Down payment from Kshs 10,000.
List of MOGO Used Boda Boda Warehouses in Kenya
1. Nairobi Warehouses
Location 1: Lang’ata Car Yard, Along Lang’ata Road, Opposite Uhuru Gardens.
Location 2: Ruiru Bypass, Membley, Near Taifa Mabati.
2. Nakuru
Location: Nakuru Municipality, Block 3/91/3/92, Along Nakuru – Kisumu Road.
3. Kisumu
Location: Industrial Area, Sabuni Road, Block LR 3/117, Next to Panda Mabati.
4. Mombasa
Location: Opposite Matric Moves/ Ugandan Property, Changamwe- Pamba Road.
5. Eldoret
Location: Oloo Street, Kenya Industrial Estates.
6. Malindi
Location: Malindi- Mombasa Highway, Plot 4248.
MOGO Contacts
Head Office: PineTree Plaza, Kilimani, Nairobi.
Contact: 0768 469 112.
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