Ya gari

Make transportation more accessible and affordable with Madini Chapaa’s convenient loans for purchasing a new car or motorbike. Whether you’re looking to upgrade your vehicle or purchase your first one, our Ya gari loan offers competitive interest rates and flexible repayment terms to suit your budget. With Madini Chapaa, owning a vehicle has never been easier. Our Ya gari loan is designed to help you get behind the wheel of your dream car or motorbike, with quick and hassle-free approval processes. Say goodbye to transportation worries and hello to the freedom of the open road with our Ya gari loan.

Inrest Rate

7%

Min. Loan Amount

KES 200,000

Repayment Regime

Daily/Weekly/Monthly

Eligibility Criteria

  1. Be a registered member on Madini Chapaa Platform and Member of Tontine Group International CBO.

  2. Conduct business transactions amounting to a minimum of 5 grams per week for at least 24 weeks.

  3. Maintain a minimum savings balance of Kenyan Shillings 30,000 per month in your wallet for 6 consecutive months.

Interest Rate

  1. Benefit from a competitive interest rate of 7%, ensuring that your loan remains affordable and manageable.

Repayment Terms

  1. Minimum Loan Amount: Kenyan Shillings 2,000,000

Potential Impact on Credit:

Successfully repaying a Car Loan can have a positive impact on your credit score. Timely repayments demonstrate your ability to manage debt responsibly, which can improve your creditworthiness and open up more financial opportunities in the future.

How It Works

Minimum Loan Start
KES 200,000

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