Watu is one of the best companies that offer boda boda loan in Kenya.If you want to get the loan,below are the requirements:
To qualify for a loan, one is required to have the following:
- Original National ID (borrower and one guarantor)
- KRA PIN certificate
- Borrower’s aged 18-19 years must be accompanied by a guardian
- 1 guarantor (aged 20 and above)
- Two referees (aged above 18 years old)
- A minimum down payment for selected vehicle
- A Safaricom phone number that is registered for M-Pesa and has been in use for the last 6 months
Payment for the loan is done on weekly basis. Watu offers repayment terms of up to 24 months. Choose any boda boda or tuk tuk model from Ampersand, ARC Ride, Bajaj, Haojin, Honda, Jincheng, Lifan, Piaggio, Skygo and TVS.
How do I check your loan balance
To check your loan balance with Watu, dial *876# and follow the instructions.
Please note that standard SMS/call rates charged by your mobile service provider may apply.
You can get information on the account status at any time of the day and night. This service is accessible through the phone number that was registered in our system during the loan application.
Customers can also reach out to our Customer Care line on 0790 000 999/0709 739 000. We offer dedicated customer service support from 6am to 10pm daily, including weekends.
How to make your weekly payments to Watu
The company accepts loan repayments via M-Pesa only. Use the following details to make your weekly payment to Watu:
Pay Bill number: 650880
Account number: Borrower’s National ID number
