In this article, we have compiled a comprehensive list of Ngao Credit branches across Kenya and their contacts. Ngao Credit is a non-deposit-taking microfinance institution that has been serving Kenyans since 2009, offering a variety of financial solutions tailored to meet diverse customer needs. With its expansive branch network and innovative products, Ngao Credit has established itself as a reliable partner for individuals and businesses seeking financial support.
Ngao Credit Products
1. Logbook Loan
This loan is secured against the borrower’s motor vehicle. Customers can access up to 60% of their vehicle’s value, with loan amounts ranging from Ksh 100,000 to Ksh 5,000,000. The processing time is just 6 hours, and the interest rate is 3.5% per month. Repayment terms extend up to 24 months.
Requirements:
- Original vehicle logbook
- Original PIN and ID
- Latest 12 months’ bank statements
- Comprehensive car insurance
- Post-dated cheques
- Minimum car age of between 2004 and 2006
2. Mobi Loan
A variant of the Logbook Loan, this is a mobile-based top-up loan disbursed via M-Pesa. It is available to existing clients with long-term loans who have cleared or are still servicing their loans, provided Ngao Credit holds their logbook as collateral. Borrowers can access up to 60% of the vehicle’s value, capped at Ksh 300,000, with a repayment period of 3 months.
Requirements:
- Original vehicle logbook
- Original PIN and ID
- Latest 12 months’ bank statements
- Comprehensive car insurance
- Post-dated cheques
3. Jijenge Business Loan
Tailored for SMEs and contract fulfillment, this short-term loan allows borrowers to secure up to 60% of their vehicle’s value. Loan amounts range from Ksh 100,000 to Ksh 5,000,000, with a repayment period of 3 months and processing within 6 hours.
Requirements:
- Original vehicle logbook
- Original PIN and ID
- Latest 12 months’ bank statements
- Comprehensive car insurance
- Post-dated cheques
4. Loan Against Shares
This product allows customers to use shares listed on the Nairobi Securities Exchange (NSE) as collateral. Borrowers can access up to 60% of their shares’ market value, ranging from Ksh 10,000 to Ksh 5,000,000. Loans are processed within 2 hours, with a repayment period of up to 12 months.
Requirements:
- Active CDS account
- Original national ID and PIN
5. Asset Finance
Designed for vehicle acquisition, this product provides up to 70% financing for both new and used vehicles from local or international dealers. Borrowers can access amounts up to Ksh 5,000,000, with repayment periods extending to 36 months.
Requirements:
- Proforma invoice from the dealer
- Original PIN and ID
- Latest 12 months’ bank statements
- Comprehensive insurance
6. Import Finance
This product facilitates vehicle importation from overseas dealers like those in Japan and the UK. Ngao Credit finances 70% of the total vehicle cost, with repayment terms of up to 36 months.
Requirements:
- Proforma invoice and importation documents
- Original PIN and ID
- Latest 6 months’ bank statements
- A 30% deposit
7. Trade Finance
Designed for SMEs and business owners, this product supports tender financing, contract execution, and restocking. Borrowers can access up to Ksh 5 million, with a repayment period of 30 days.
8. Insurance Premium Finance
Ngao Credit offers 100% financing for insurance premiums, with repayment periods of up to 6 months and an interest rate of 2%.
List of Ngao Credit Branches in Kenya and Contacts
1. Head Office
- Location: Morning Side Office Park, 4th Floor, Ngong Road, Nairobi
- Phone: 0709 650000
- Email: info@ngaocredit.com
2. Upperhill Branch
- Location: NHIF Building, 2nd Floor, Community, Nairobi
- Contact: 0709 650 100
3. Nairobi CBD Branch
- Location: Ecobank Towers, 6th Floor, Muindi Mbingu Street
- Contact: 0709 650 200
4. Mombasa Branch
- Location: Jubilee Arcade, 2nd Floor, Moi Avenue
- Contact: 0709 650 300
5. Nakuru Branch
- Location: Baraka Plaza, 1st Floor, Kenyatta Avenue
- Contact: 0709 650 400
6. Eldoret Branch
- Location: Zion Mall, 1st Floor, Uganda Road
- Contact: 0709 650 500
7. Kitengela Branch
- Location: Kitengela Mall, 3rd Floor, Kajiado-Kaputei North Road
- Contact: 0709 650 600
8. Thika Branch
- Location: Maisha Heights, 1st Floor, Kenyatta Avenue
- Contact: 0709 650 700
9. Kisumu Branch
- Location: Tuffoam Mall, Ground Floor, Achieng’ Aneko Road
- Contact: 0709 650 800
10. Meru Branch
- Location: Royal Business Park, 5th Floor, Meru
- Contact: 0709 650 900
Why Choose Ngao Credit?
Ngao Credit’s services are characterized by speed, flexibility, and customer-centric solutions. Their products cater to a wide range of financial needs, from business expansion to personal emergencies. With quick loan processing times, competitive interest rates, and a strong branch network, Ngao Credit continues to be a trusted financial partner for many Kenyans.
