If you check in garages around Nairobi and other major towns you will be shocked to see the number of vehicles which have been abandoned by the owners gathering dust under the shades.
This is because some of them might not have ready cash to repair their vehicles when involved in an accident or normal mechanical problems.
Well, such people need not to worry anymore; Jijenge Credit has a solution to assist such motorists who are unable to raise cash instantly to repair their cars.
This is a flexible car repair financing that allows you to get back your car on the road without breaking the bank.
“The aspect of finding nice cars grounded in the garages also because the accidents are not anticipated and other unexpected emergencies inspired us to rescue distressed motorits with this kind of credit,” Peter Macharia Kamau, the CEO of Jijenge Credit limited explains.
Nj: How does this work?
Peter : If you have a car and it is not comprehensively covered, you give the estimates that we finance and you choose the period but we have to put them in charge to secure our interest.
If it is not expensive to repair, like Sh20,000, Sh50,000 or Sh100,000 the garage will give us the quote or we will give you the cash to sort out the labour but we buy the types of spares that needed either genuine or the other.
Nj : Is it different from other loans?
Peter : The requirements are like a logbook loan, you bring the statement and logbook of the can. Your mechanic will do his assessment and we will also send our assessor to do his assessment.
If the cost is not exceeding the value of 50 per cent, the value of the car we finance because that we look at most.
We are open to any car, tractor, lorry and any other equipment so long as it can run and the maximum is dictated by the 50 per cent value of the car being repaired.
Nj : What if the person fails to pay?
Peter : The repaired vehicle is our security and they are given before the vehicle. We are never in a hurry to dispose of assets, we accommodate customers.
We don’t look for the age bracket of the car, even if it’s a 1970 car or tractor and it is in good running condition, we accommodate all Kenyans and all types of cars and models.
Nj : What advice do you frequently give motorists…
Peter : Routine maintenance is of essence and analysis of the environment where you park your car, is it in the basement, is it in a valley or is it in a riparian land and all those dynamics. Self-awareness is the key to buying genuine parts.
