Terms & Conditions
Policy
TERMS & CONDITIONS
1. Introduction
These Terms and Conditions (“Terms”) govern your access to and use of the Mwananchi Credit Limited website, products, and services.
By accessing our website or applying for any of our financial services, you agree to be bound by these Terms.
If you do not agree with any part of these Terms, you should not use our services.
2. About Mwananchi Credit
Mwananchi Credit Limited is a financial services provider offering loan products including:
- Logbook loans
- Asset financing
- Title deed loans
- Check-off loans
- Business and personal loans
3. Eligibility
To use our services, you must:
- Be at least 18 years of age
- Provide accurate and complete information
- Have legal capacity to enter into a financial agreement
- Meet our credit assessment requirements
We reserve the right to approve or decline any application at our discretion.
4. Loan Application Process
By submitting a loan application:
- You confirm that all information provided is true and accurate
- You authorize us to verify your information
- You consent to credit assessment checks, including with Credit Reference Bureaus
Approval of loans is subject to our internal evaluation and policies.
5. Loan Terms
All approved loans are subject to:
- A formal loan agreement
- Applicable interest rates
- Repayment schedules
- Fees and charges as disclosed
Full details will be provided before final acceptance of any loan.
6. Fees and Charges
You agree that:
- All applicable fees will be disclosed before loan approval
- Additional charges may apply in cases of late payment or default
- Interest rates are subject to applicable agreements
We aim to maintain transparency in all pricing and charges.
7. Repayment Obligations
You are responsible for:
- Repaying the loan as per agreed terms
- Making payments on time
- Notifying us of any financial difficulties
Failure to meet repayment obligations may result in:
- Penalties
- Additional charges
- Legal or recovery action
We Offer Quick Loans
8. Use of Website
You agree not to:
- Use the website for unlawful purposes
- Submit false or misleading information
- Attempt to disrupt or compromise website functionality
- Access unauthorized areas of the system
9. Intellectual Property
All content on this website, including:
- Text
- Logos
- Graphics
- Design elements
is the property of Mwananchi Credit Limited and may not be used without permission.
10. Limitation of Liability
Mwananchi Credit shall not be liable for:
- Any indirect or consequential loss
- Loss arising from reliance on website information
- Delays or interruptions in service
Use of our website and services is at your own risk.
11. Privacy and Data Protection
You agree not to:
- Use the website for unlawful purposes
- Submit false or misleading information
- Attempt to disrupt or compromise website functionality
- Access unauthorized areas of the system
12. Third-Party Services
We may use third-party service providers to:
- Facilitate payments
- Verify data
- Improve services
We are not responsible for the practices of third-party providers.
13. Suspension and Termination
We reserve the right to:
- Suspend access to our services
- Decline or terminate applications
- Take appropriate action in case of misuse or breach
14. Changes to Terms
We may update these Terms from time to time.
Changes will take effect once published on the website.
Continued use of our services constitutes acceptance of the updated Terms.
15. Governing Law
These Terms are governed by the laws of Kenya.
Any disputes shall be subject to the jurisdiction of Kenyan courts.
16. Contact Information
For any questions regarding these Terms, please contact:
Mwananchi Credit Limited
📧 Email: info@mwananchicredit.com
📞 Phone: 0709 147 000