Are you stuck in clearing your motor vehicle or container at the port? At Mwananchi Credit we shall relieve you the burden of paying port, storage and demurrage charges by settling all the charges for you, to avoid penalties. Our charges are competitive and reasonable. We have a flexible repayment period not exceeding 6 months.
Mwananchi Credit Ltd targets importers of second-hand motor vehicles (i.e individuals and dealers), raw materials, machinery, electronics and second-hand clothes (‘mitumba’).
We execute the confirmation of the duty payable by our clearing agent fast and we have a simple process for arranging this financing.
We finance 100% of calculated duties and taxes as per KRA’s guidelines.
The security for the facility is the motor vehicle or other goods being imported.
To access Import financing, Mwananchi Credit Ltd shall require the following documentation;
- Original Bill of lading.
- Invoice for the motor vehicle or other goods.
- Import Declaration Form (IDF).
- English Japanese logbook
- Copy of the PIN and ID of the importer.