When you need cash urgently, a car logbook loan is one of the fastest solutions available. At Together As One Microfinance, we've perfected our process to get you the funds you need in under 6 hours. Here's how to qualify quickly.
Step 1: Gather Your Documents
Having the right documents ready is the most important step. You will need:
- Your original car logbook showing you as the owner.
- Your National ID and KRA PIN.
- Six months of bank or M-Pesa statements to show income.
- Two recent passport-sized photos.
- A valid comprehensive insurance certificate for your vehicle.
Step 2: Visit Our Branch or Apply Online
You can start the process by visiting any of our branches or by filling out our simple online inquiry form. Bringing your documents with you will speed up the process significantly.
Step 3: Vehicle Valuation
Our team will conduct a quick valuation of your car to determine its market value. This helps us determine the maximum loan amount you can qualify for, which can be up to 70% of the car's value.
Step 4: Loan Offer and Disbursement
Based on the valuation and your documents, we will present you with a loan offer. Once you accept the terms, we will process the paperwork, place a joint registration on the logbook, and disburse the funds directly to you—all within a matter of hours.