MOGO expands access to affordable mobility and financial services with 22 new branches across 16 counties
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MOGO, East Africa’s leading asset financier, has strengthened its footprint in Kenya by launching 22 new branches across 16 counties, bringing its flexible financing and transport solutions closer to thousands of Kenyans.
With this latest expansion, MOGO now operates a total of 49 branches nationwide and partners with over 200 dealerships, making it one of the most accessible asset financing providers in the country.
The expansion focuses on underserved and high-demand areas, particularly in Western, Northern and Coastal Kenya. The newly opened branches are located in Kakamega, Mombasa, Siaya, Bungoma, Busia, Migori, Homa Bay, Makueni, Narok, Machakos, Garissa, Trans Nzoia, Nyeri, Taita Taveta, Naivasha, and Laikipia.
The new branches will provide comprehensive services including asset financing for cars, boda bodas, and tuk-tuks, as well as logbook loans for customers who already own these vehicles.
“We aim to ensure that more Kenyans, regardless of their location, can access affordable and reliable asset financing solutions. This expansion reflects our commitment to bridging financial gaps and empowering communities across the country,” said Mr Branton Mutea, Deputy Country Manager at MOGO Kenya.
“The new branches are strategically located to reach communities that are underserved. Our presence in these areas will make it easier for customers to access financing for motorcycles, cars, and logbook loans where they live and work.”
The new branches are designed to cater to a wide range of customer needs, from helping individuals acquire their first motorcycle to offering quick and convenient financing solutions for business growth.
Most of the branches are conveniently located within petrol stations, ensuring ease of access for customers. In recognition of the diversity of its clientele, MOGO has also taken deliberate steps to offer customer-friendly support, including deploying staff who understand local dialects to better serve illiterate or semi-illiterate customers.
A recent report by research firm Viffa Consult titled The New Boda Boda Boom: Thriving Societies, Growing Economies, and Powering Green Transition highlights the positive economic impact of motorcycle ownership through asset financing.
The report reveals that riders using asset-financed motorcycles earn an average of KES 1,100 per day—equating to approximately KES 26,400 monthly or KES 316,000 annually. This contrasts with riders who lease motorcycles, often paying at least KES 300 daily with no path to ownership, which limits their financial progression.
The report reveals that over a five-year period, riders who use asset financing save more than KES 440,000 compared to those who rent. While rental costs can reach up to KES 780,000, asset financing costs total KES 339,688.
Non-bank lenders, such as Mogo, are driving this shift by providing flexible financing options with daily or weekly repayments that align with the riders’ cash flow. This approach is enabling thousands of operators to move from renting to ownership, fostering long-term financial independence and improving their livelihoods.
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