Q What are the requirements for one to get financing from Watu?
To qualify for a Loan, one is required to have the following:
- Original National ID (Borrower and one guarantor)
- KRA PIN Certificate
- Borrower’s age 18-19 years (must be accompanied by a guardian) 20-65 as normal
- 1 Guarantor (Aged 20 years and above)
- A down payment of Kshs 15,000 for Motorbike financing and 50,000 for tuk-tuk financing
- A Safaricom Phone number that has been in use for the last 6 months