Disclosures
Plain-language key facts and a representative example.
Our role
Cashlog Ltd is a concierge service that connects customers with a regulated micro-finance partner. We are not a licensed lender. The loan you receive is originated, disbursed and serviced by our regulated Partner Lender. We are remunerated by the Partner Lender, not by you.
Representative example
You borrow KSh 1,000,000 over 12 months at a representative interest rate of 18% p.a. on a reducing balance. A one-time 5% fee (KSh 50,000) is added to the principal. Your monthly repayment is approximately KSh 96,200. Total repayable is approximately KSh 1,154,400. Amount disbursed to you: KSh 1,000,000 (no deductions).
Key facts
- Loan range: KSh 50,000 to KSh 3,000,000
- Tenor: 3 to 36 months
- Maximum loan-to-value: 90% of assessed market value
- Interest model: Reducing balance
- Representative APR: 21.7% (illustrative; varies by tenor and risk profile)
- Fees: One-time 5% on principal, added to loan
- Early repayment penalty: None
- Default consequences: Late notices, restructuring offer, ultimately vehicle recovery
Risk warning
A logbook loan is secured against your vehicle. Failure to meet repayment obligations may, after due process, result in repossession of your vehicle. Borrow only what you can comfortably repay.
Complaints
See our Complaints Policy.