Overview

Aspire Lending Limited is a financial services company in Kenya offering a range of loan products. It positions itself as a lender that provides fast and accessible financing for individuals and businesses. The company has also been licensed by the Central Bank of Kenya (CBK) as a digital credit provider, meaning it now operates under formal regulation.

Products & Services

Aspire Lending provides several financing options, including:

Logbook financing: Loans secured against a vehicle’s logbook.

Car finance: Vehicle loans for both new and used cars.

Business finance: Loans to support business operations and growth.

Refinancing: Reworking existing loans to extend repayment or lower costs.

Key features of their loan offerings:

Financing of up to 80% of asset value.

Loan amounts ranging from KES 100,000 to KES 3,000,000.

Repayment terms between 6 and 60 months.

Option for comprehensive insurance on financed assets.

Fast loan processing, with approvals advertised as within 24 hours.

Contact & Location

Office Address: Rehema Place, Ngong Road, Office Suite D24, opposite Prestige Mall, P.O. Box 803-00200, Ruiru, Kenya.

Phone Numbers: +254 700 302302, +254 713 706706, 020 8100244.

Email: info@aspirelending.co.ke

Regulatory Status

Aspire Lending Limited is licensed by the Central Bank of Kenya as a Digital Credit Provider.

This licensing means the company is regulated under Kenya’s digital lending framework, designed to ensure fair consumer practices and oversight.

Notes & Considerations

The company markets itself as offering quick and flexible loans, but details such as actual interest rates, penalties, and fees should be reviewed carefully in their contracts.

Its claim of being part of an “international organization” has been mentioned, but publicly available details on ownership or parent structure are limited.

Since it was only recently licensed, Aspire Lending may still be relatively new in the regulated financial services space.