MNN Hub
Quincy Okoth revealed his motorbike was stolen hours after he completed repaying his loan to Watu CreditOn Saturday, May 13, the rider accused Watu Credit of stealing his motorbike after he cleared a KSh 244,000 loanIn an exclusive interview with TUKO.co.ke, Okoth revealed that by Tuesday, May 16, he had received KSh 109,377 from kind KenyansNairobi: A man whose motorbike was stolen hours after he completed repaying his loan to Watu Credit has a reason to smile.
Quincy Okoth received over KSh 100,000 from Kenyans. Photos: Quincy Okoth.
Source: UGCAfter narrating his plight on Twitter, Quincy Okoth noted kind Kenyans joined hands to help him buy another bike.
In an exclusive interview with TUKO.co.ke, he revealed that by Tuesday, May 16, he had received over KSh 100,000.
“I cleared a 233k loan with Watu Credit and I didn’t see my bike again. Watu hasn’t returned my bike. They said they are investigating the incident. So far, Kenyans have chipped in with KSh 109, 377,” he said. He alleged the company had been frustrating him in his efforts to get his bike back.
“We went to their HQ yesterday, instead of helping, they sent their security to intimidate us,” he added.Asaad’s complaintOn Saturday, May 13, the rider accused Watu Credit of stealing his motorbike registered as KMGB 420S after he cleared their loan.
He claimed the lender sent thieves to take away his bike five hours after he completed repaying his loan.
“Watu Credit are yet to return my motorbike. It took me an entire year to clear a KSh 244,000 loan with them and in less than five hours, they sent thieves to steal it,” he tweeted. Watu Credit founder Business Daily reported that Watu Credit was founded by Andris Kaneps, a Latvian national.
Kaneps serves as the company’s chief executive officer and established the company in Mombasa in 2015.
“We’re successful because of the efficiency and speed people are getting loans from us. If someone is ready and they have the deposit, and they meet requirements, they can get the bike in a couple of hours,” Kaneps said.Kenyans slam Watu CreditThe company was on the receiving end of its customers.
This followed concerns from its Kenyan borrowers about overexploitation and poor customer care.
Kenyans slammed the company on social media, accusing it of allegedly stealing the motor
Source: Tuko.co.ke | Read More
