Watu Credit
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Location
Headquarters: Mombasa, Coast, Kenya, Africa
Region: Coast
Country: KE
Continent: Africa
About
Watu is an asset financing company that offers financial inclusion and mobility for millions in Africa. They provide loans for two and three-wheelers and have operations in several African countries.
Watu Credit is an asset financing company providing loans for two and three-wheelers to households across Africa. The firm focuses on financial inclusion and mobility, operating in multiple African countries to support consumer access to transportation assets.
Watu Credit Limited
2015
for_profit
active
Industries
Primary Industry: Finance
Categories
Funding & Financials
Debt
1500000
private
Investors
Founders
Andris Kaneps
Leadership
Technology Stack
Products
Asset Financing: Watu Credit provides loans for the purchase of two and three-wheelers, such as motorbikes and tuk tuks, with a focus on enabling entrepreneurship.
Electric Mobility Financing: Financing for electric motorbikes in Rwanda to support cleaner, sustainable transportation options.
Boda Boda Loans: Loans specifically designed for the purchase of boda bodas (motorbikes) in Uganda, with a process time of approximately 2 hours.
Okada Loans: Loans for purchasing okadas (motorbikes) in Sierra Leone, with a minimum down payment requirement and up to 15 months repayment terms.
Logbook Loans: Loans secured against the borrower's vehicle logbook in Kenya, offering up to 50% of the vehicle's market value with a repayment period of 3-24 months.
Car Financing: Car loans in Kenya with financing up to 80% of the vehicle's market value, repayment terms between 6-60 months, and includes comprehensive motor insurance.
