Watu Credit specialises in asset financing, particularly for motorcycles and three-wheelers, which serve as collateral for the loans provided. Its mission is to contribute to sustainable development by providing access to capital for micro, small, and medium enterprises and low and middle-income households. All these services are offered at Watu Credit branches in Kenya.
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TABLE OF CONTENTS
Watu Credit Limited is a dynamic and fast-growing non-bank finance company headquartered in Mombasa, Kenya. Established in July 2015, Watu Credit leverages technology to provide unsecured lending primarily through mobile services, aiming to be a leading African provider of inclusive financial products.
Watu Credit has been rapidly expanding its reach to serve a broader clientele. Currently, the company has branches in major towns and cities across Kenya. Its extensive network of branches enables Watu Credit to provide accessible financial services to a diverse range of clients.
How many branches does Watu Credit have in Kenya? It has over 20 branches and dealerships in Kenya, offering financial services to its clients. The company aims to provide inclusive financial products efficiently. Here are the locations and contact details of Watu Credit branches in Kenya:
1. Nairobi
Watu Credit has several branches and dealerships in Nairobi. One of the Watu Credit branches in Nairobi is at:
Vision Plaza, Ground Floor, at door number 5, along Mombasa Road.
- Contact number: +254-727-563-435 or +254-702-000-555.
Lower Hill Rd, Nairobi
- Contact number: +254-790-000-999
2. Mombasa
The Watu Credit offices in Mombasa are in Nyali and Likoni.
Avenue Plaza, First Floor, Nyali.
- Email: info@watucredit.com
- Contact number: +254-790-000-999 or +254-709-739-000.
Pearl Arcade Building, Office No. 4, along Mbaraki Road
- Contact number: +254-711-522-522.
3. Bungoma
The Watu Credit offices in Bungoma are along the gate of the Bungoma Governor's Office.
Bungoma Governor's Office
- Watu Credit customer care number Bungoma: +254-700-777-776.
4. Kisumu
The Watu Credit offices in Kisumu are at the MURBS Building, Ground Floor, KIWASCO Offices, Makasembo Road.
MURBS Building
- Customer care number: +254-700-444-448.
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5. Kitale
The Watu Credit offices in Kitale are at the Teryet Building, facing Davis and Shirtlif, Alakara Hotel.
Teryet Building
- Contact number: +254-711-222-223.
6. Kisii
The Watu Credit offices in Kisii are near Yamaha Centre along the B3 road (Kisii-Bomet highway).
Yamaha Centre
- Contact number: +254-701-222-223.
7. Eldoret
You can visit the Watu Credit office in Eldoret at Pioneer Area at Brookside, opposite CMC Motors, on Kisumu Road.
Pioneer Area
- Contact number: +254-798-777
8. Kakamega
Watu Credit offices in Kakamega are located along the Kisumu-Kakamega Road, beside the CIC Insurance office.
Walia’s Center Ground Floor, Room No.3.
- Contact number: +254-711-333-334.
9. Migori
Watu Credit's offices in Migori County are opposite the Riziki Plaza, along the Migori-Isibania Road.
Jamaa Filling Station
- Contact number: +254-796-333-222.
10. Nakuru
The Watu Credit office in Nakuru is located along the Nakuru-Eldoret Road, near Koleni Stage and Car and General.
Gillani Building
- Contact number: +254-702-111-555 or +254-799-383-355
11. Malindi
The Watu Credit office in Malindi is along the Malindi-Mombasa highway, facing Malindi Methodist Primary School.
Malindi-Mombasa highway
- Contact number: +254-799-111-444
12. Bomet
The Watu Credit offices in Bomet are near the Tenwek-Silibwet Junction near Chelsa Academy.
Tenwek-Silibwet Junction
- Contact number: +254-798-909-090 or +254-799-383-355.
13. Kericho
You will find the Watu Credit office in Kericho are near the KWFT offices on Tengecha Lane.
Ubora Center
Contact number: +254-798-999-111
14. Kapsabet
The Watu Credit offices in Kapsabet are at the Kokwet Honda building next to the One Acre Fund offices.
Kokwet Honda
- Contact number: +254-796-333-999
Source: UGC
15. Thika
The Watu Credit offices in Thika are near the Saleh Mohammed House along the Thika Upper Road.
Saleh Mohammed House
- Contact number: +254-790-000-999
16. Meru
The Watu Credit offices in Meru are at the Bagine House, near the main stage, on Njuri Ncheke Street.
Njuri Ncheke Street
- Contact number: +254-790-000-999
17. Maua
The Watu Credit offices in Maua are at the Kamburu Complex.
Kamburu Complex
- Contact number: 254-790-000-999
18. Kitui
The Watu Credit offices in Kitui are near the Equity Afia Kitui Medical Centre along the Kibwezi-Kitui road.
Equity Afia Kitui Medical Centre
- Contact number: +254-705-888-111
19. Naivasha
The Watu Credit office in Naivasha is along Kenyatta Avenue.
Kenyatta Avenue
- Contact number: +254-790-000-999
20. Embu
The Watu Credit office in Embu is near Mofas Plaza.
Mama Ngina Street Road
- Contact number: +254-790-000-999.
FAQs about Watu Credit
- Who is the CEO of Watu Credit Kenya? The CEO of Watu Credit Kenya is Andris Kaneps.
- What are the requirements for applying for phone financing (Watu Simu) from Watu Credit Kenya? To apply for phone financing from Watu, you require an original national ID, you must not have any active loans with Watu, and you must be 18 years and above.
- What is the maximum loan term offered by Watu Credit Kenya? The maximum loan term offered by Watu Credit Kenya is 60 months for non-logbook loans.
- What is the interest rate for Watu Credit Kenya loans? The interest rate for Watu Credit Kenya loans varies depending on the type of loan. Still, it typically starts at 2.5% for logbook loans, 7% monthly for mobile loans, and 12.5% for motorcycle and three-wheeler financing.
- How do you join Watu Simu? To join Watu Simu, you must visit any Watu Credit office or store where Watu Simu is available, select any smartphone supported by Watu, and a pre-approval on your application followed by a down payment.
- How do I check my loan balance on Watu? To check your loan balance with Watu, dial *876# and follow the instructions.
- How to pay Watu Credit via M-PESA? Go to your MPesa; Enter business number 650880; Use your Watu registered ID number as the account number; Enter the amount: complete your transaction by entering a PIN.
- What is the penalty for not repaying Watu Credit loans? Failure to repay the Loan and Interest or any other sum will result in a borrower being charged a Penalty of 0.5% daily on any outstanding amount.
- How do you submit Watu loan applications? Loan applications are submitted via USSD short code *876#, and requests are reviewed and processed within 24 hours.
Final word
Watu Credit is committed to empowering entrepreneurs. Through the expanding Watu Credit branches in Kenya, it continues to significantly impact Kenya's financial landscape, contributing to the country's economic growth and development.
DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!
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