Watu Credit

Last Updated: 31.05.2018.

Watu Credit
Loans Originated
€ 9.9 M
Loan portfolio
€ 4.3 M
Buyback Guarantee
With a buyback guarantee
Skin in the Game
15%
Average NAR%
10.7%
Website: www.watucredit.com
Founded: 2015
Employees: 123
Loan Type: Car Loan
Country: Kenya
Currency: EUR
Effective APR charged to borrowers: 64%-102%
Loans Outstanding on Mintos: € 1 904 596

About

Watu Credit Limited is a fast growing non-bank finance company. Headquartered in Mombasa, Kenya Watu Credit aims to become the leading East African provider of a broad set of inclusive financial products, delivered in a fast, efficient and professional manner. The Company commenced its operations in October 2015.

The Company offers asset financing (motorcycles and three-wheelers) and group lending products (short-term and business loans) and currently is expanding with branches opened in Nairobi, Malindi, Nakuru and Mombasa (Town). Watu Credit prides itself in offering fully cash-less services for loan disbursement and collection as well as 24-hour access for clients to their account balances.