Okolea Mathree


This is financing provided to matatus and taxi operators to handle all vehicle repairs, upgrades and mechanical issues.

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Terms and Conditions

  1. Financing of up to Kshs. 150,000 for taxis and matatus operating town service
  2. Financing of up to Kshs. 300,000 for matatus and taxis operating intercounty service.
  3. Loan tenure will be a minimum of 6 months and a maximum of 12 months.
  4. Fixed interest rate of 4% pm
  5. Processing fee of 3%.
  6. Loan Insurance 2%
  7. All assets must not be older than 16years at the end of the loan term
  8. Insurance for vehicles can either be comprehensive or third party
  9. In charge to be registered against the motor vehicle on the NTSA TIMS platform in favour of FCL.
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  1. A valuation report to be provided from an FCL approved valuer.
  2. Certified bank/Mpesa statements for a period of 12 months
  3. Copy of National ID / passport, KRA PIN, Certificate of Incorporation, Business registration and Memorandum and Articles of Association
  4. Copy of logbook.
  5. Tracking from an FCL approved service provider.
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How old should my vehicle be?

The vehicle should not be older than 16 years by the time you clear your loan with the institution.

Where do I get a valuation report?

You can either get your car valued by Regent or Steering auto valuers.

How do I make an application?

A. You can make an application physically at any of our branches in Mombasa and Nairobi or can contact us on our Tel – 0705 474 291, Email – or through our appointed agents.

Is there a minimum amount I can borrow?

Yes. The minimum amount you can borrow is Kshs. 100,000.

What is the minimum and maximum loan tenure for the loan?

Minimum of 6 months and maximum of 12 months.

What is the rate of Interest?

FCL charges a fixed interest rate of 4% pm.

Are there any other charges?

Yes. We charge loan processing fee of 3% and a loan insurance fee of 2% of the loan amount.

What is the maximum amount of loan I can get?

Up to Kshs. 150,000 for town service matatus or Taxis and Kshs. 300,000 for those traversing counties.

How long does it take for me to get the money?

After the loan approval and securities perfection process, the loan is disbursed into your account within 6 working hours.

Our Partners

We believe in partnerships to offer our customers the best service.

Contact Us

Get In Touch

We are here to help you 7 days a week and respond within 24 hours.

General Inquiries​

First Capital Limited

11th Floor, NSSF Building Northern Wing, 

Nkrumah Road, Mombasa, Kenya.

T: +254 (041) 2241 220

+254 (0)705 474 291


Got Questions?