Progressive Credit loans in Kenya (2026)
Progressive Credit Limited is a Kenyan non-bank lender headquartered at Flamingo Towers, 2nd Floor, Mara Road, Upper Hill, Nairobi. Regulated by the Central Bank of Kenya and licensed as a Digital Credit Provider (DCP). Products span logbook loans, business loans, salary check-off, asset finance, agri-business, LPO financing, car repair financing, youth and women loans, and the Nawiri app for mobile loans. Advertised 24-hour disbursement on most products. Verified against progressivecr.co.ke in 2 September 2026.
Progressive Credit products
- Logbook loans. Cash secured by your vehicle logbook, typical LTV 50 to 60 percent of valuation. You keep the car.
- Business loans. Working capital for SMEs, secured by collateral.
- Salary check-off loans. Repayments deducted through payroll for employees of Progressive partner employers, including government.
- Asset finance. Finance for productive assets against the asset plus additional security.
- Agri-business loans. Working capital and asset finance for farmers and agribusinesses.
- LPO financing. Working capital against a signed Local Purchase Order from government or a corporate.
- Car repair financing. Short-term facility to fund major repairs on your vehicle.
- Youth and women loans. Segment-specific credit facilities.
- Nawiri app mobile loans. Short-term unsecured facility disbursed to M-PESA.
Full catalogue at progressivecr.co.ke.
How to apply
- Gather documents. Original logbook, national ID, KRA PIN, three to six months of bank or M-PESA statements, proof of income, one utility bill, one to two guarantors.
- Book a valuation. Progressive arranges a licensed motor vehicle valuer.
- Sign the loan and chattels transfer. Logbook is transferred to Progressive as security for the loan term.
- Disbursement. Funds land on M-PESA or bank account within Progressive's advertised 24 hours; realistically one to two working days end to end.
Real cost: worked example
Borrow KES 350,000 against a vehicle valued at KES 700,000 (50 percent loan-to-value) 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 | 350,000 |
| Interest (12 months, 4% reducing balance) | ~91,000 |
| Arrangement fee (3%) | 10,500 |
| Valuation + chattels | 10,000 |
| Total repayable | ~461,500 |
| Effective APR (all-in) | ~55 to 65 percent |
Illustrative only. Ask for the total cost of credit disclosure in writing before signing.
Branch coverage
Head office in Nairobi with regional branches serving major towns.
Contact Progressive Credit
- Sales: 0700 600 900
- Head office line: 0730 669 000
- Customer care: 0704 448 755
- WhatsApp: +254 789 796477
- Head office: Flamingo Towers, 2nd Floor, Mara Road, Upper Hill, Nairobi
- Website: progressivecr.co.ke
Scam warning
Legitimate Progressive 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. Verify anything doubtful by calling 0700 600 900 or the customer care line 0704 448 755.
FAQ
Is Progressive Credit licensed in Kenya?
Yes. Progressive Credit Limited is regulated by the Central Bank of Kenya and licensed as a Digital Credit Provider (DCP). The public DCP register is at centralbank.go.ke/digital-credit-providers. Progressive is not a bank and does not appear on the CBK PSP list.
What do I need to apply for a Progressive Credit logbook loan?
Original vehicle logbook, national ID, KRA PIN, three to six months of bank or M-PESA statements, one recent utility bill, proof of income, and one or two guarantors. Progressive then arranges a licensed motor valuation before making an offer.
What happens if I default on a Progressive Credit loan?
Missed instalments trigger written reminders and then a formal notice under the Chattels Transfer Act before enforcement. Progressive is bound by the CBK Digital Credit Providers code of conduct which requires written notice and a reasonable cure window before repossession. Arrears also flow to the credit reference bureaus.
Can I still drive my car during a Progressive Credit logbook loan?
Yes. The logbook is held by Progressive as security for the loan term but the vehicle stays in your possession and daily use.
How much can I borrow with a Progressive Credit logbook loan?
Typically 50 to 60 percent of the vehicle valuation. The exact ratio depends on vehicle age, make, condition and your credit profile. Get the offer in writing before you sign anything.
How fast is Progressive Credit disbursement?
Progressive advertises 24-hour disbursement on most loan products once documents and valuation are complete. Realistic end-to-end turnaround from first branch visit is one to two working days.
What other products does Progressive Credit offer?
Business loans, salary check-off loans (government and corporate), asset finance, agri-business loans, LPO financing, car repair financing, mobile loans via the Nawiri app, and dedicated youth and women loan products.
Where are the Progressive Credit branches?
Head office is Flamingo Towers, 2nd Floor, Mara Road, Upper Hill, Nairobi (0730 669 000). Additional branches serve major towns; confirm the current branch list at progressivecr.co.ke/branches/ before travelling.