Ngao Credit loans in Kenya (2026)
Ngao Credit is a Kenyan non-bank lender licensed by the Central Bank of Kenya as a Digital Credit Provider (DCP). Head office at Morning Side Office Park, Ngong Road, Nairobi. Ngao focuses on logbook-secured lending: loans of KES 100,000 to KES 5,000,000, up to 60 percent of vehicle value, for cars up to 15 years old. Repayment up to 24 months. Verified against ngaocredit.com in 2 September 2026.
Ngao Credit products
- Logbook loans. Up to 60 percent of vehicle value, KES 100,000 to KES 5,000,000, up to 24 months. You keep driving the car.
- Emergency loans. Short-term liquidity against your logbook, disbursed inside a working day when documents are complete.
- Asset finance. Financing for productive assets against additional collateral.
Full catalogue and pricing at ngaocredit.com.
How to apply
- Gather documents. Original logbook, national ID, KRA PIN, three to six months of bank or M-PESA statements, one utility bill, one to two guarantors.
- Book a valuation. Ngao arranges a licensed motor vehicle valuer.
- Sign the loan and chattels transfer. Logbook is transferred to Ngao as security.
- Disbursement. Funds land on M-PESA or bank in advertised six hours; realistically same day to two working days.
Real cost: worked example
Borrow KES 400,000 against a vehicle valued at KES 700,000 (a 57 percent loan-to-value at the top of Ngao's stated 60 percent LTV) for a 12-month term. Assume 4 percent per month reducing balance, a 3 percent arrangement fee, and KES 10,000 in valuation and chattels fees.
| Line item | KES |
|---|---|
| Principal | 400,000 |
| Interest (12 months, 4% reducing balance) | ~104,000 |
| Arrangement fee (3%) | 12,000 |
| Valuation + chattels | 10,000 |
| Total repayable | ~526,000 |
| Effective APR (all-in) | ~55 to 65 percent |
Illustrative only. Ask for the total cost of credit disclosure in writing before signing.
Branch coverage
Contact Ngao Credit
- Head office: Morning Side Office Park, 4th Floor, Ngong Road, Nairobi
- Website: ngaocredit.com
Scam warning
Legitimate Ngao Credit never asks for an upfront "processing fee" to be sent to a personal M-PESA number before disbursement. All fees are deducted from disbursement or paid at a branch.
FAQ
Is Ngao Credit licensed by CBK?
Yes. Ngao Credit is licensed as a Digital Credit Provider (DCP) by the Central Bank of Kenya. The public DCP register is at centralbank.go.ke/digital-credit-providers. Ngao is not a bank and does not appear on the CBK PSP list.
What do I need to apply for a Ngao Credit logbook loan?
Original vehicle logbook, national ID, KRA PIN, three to six months of bank or M-PESA statements, one recent utility bill and one or two guarantors. Ngao then arranges a vehicle valuation before making an offer.
What happens if I default on a Ngao Credit loan?
Missed instalments trigger written reminders, then a formal notice under the Chattels Transfer Act before enforcement. Ngao is bound by the CBK Digital Credit Providers code of conduct which requires written notice and a reasonable cure window before repossession. Arrears are reported to the credit reference bureaus.
Can I still drive my car during a Ngao Credit logbook loan?
Yes. The logbook is held by Ngao as security but you keep the vehicle in daily use throughout the loan term.
How much can I borrow from Ngao Credit?
Loan amounts from KES 100,000 to KES 5,000,000, up to 60 percent of your vehicle value. The vehicle must be not older than 15 years. Loan tenure up to 24 months.
How fast is Ngao Credit disbursement?
Ngao advertises approval in as little as six hours after a complete application and passed valuation. Realistic end-to-end turnaround from first branch visit to funds in your account is one to two working days.
What other products does Ngao offer?
Ngao Credit primarily focuses on logbook-secured lending: personal logbook loans, emergency loans against vehicle security, and asset finance. Confirm current product range at ngaocredit.com.
Where are the Ngao Credit branches?
Nairobi (head office at Morning Side Office Park, 4th Floor, Ngong Road), Mombasa, Nakuru, Kisumu, Kitengela, Thika, Meru and Eldoret. Confirm current branch list at ngaocredit.com before travelling.