High rates: Boda Boda riders cry foul over Mogo loans, MPs order probe
This story has significance for readers across Kenya and beyond.
- Kenya Bodaboda Riders and Owners Association filed a petition against Mogo Auto Limited over alleged unfair lending practices
- Speaker Moses Wetangula committed the petition to the Public Petitions Committee after it was read in the National Assembly
- Bodaboda riders allege high interest rates, wrongful repossessions, and failure to transfer motorcycle ownership after full repayment
The National Assembly has received a formal petition targeting Mogo Auto Limited, a company providing asset financing and lending services in Kenya, over alleged exploitation of bodaboda riders and motorcycle owners."
Speaker Moses Wetangula read the petition to the House on August 19, 2026, tabling concerns raised by Charles Gishira, the National Executive Chairperson of the Kenya Bodaboda Riders and Owners Association, on behalf of riders, owners, operators, and road safety stakeholders across the country.
"I wish to report to the House that my office has received a petition from Mr. Charles Gishira, the National Executive Chairperson of the Kenya Border Riders and Owners Association, representing border riders, owners, operators, and other key road safety stakeholders across the country. The petitioner seeks the intervention of the National Assembly regarding persistent complaints and grievances raised by members of the association against Mogo Auto Ltd., a company operating in Kenya and engaged in the provision of asset financing and lending services," Speaker Wetangula said in Parliament.
What Bodaboda Riders Are Alleging Against Mogo Auto
Gishira's petition sets out a range of grievances against Mogo Auto Limited. The association alleges that the company imposes excessively high interest rates and charges that expose borrowers to financial hardship while failing to adequately disclose loan terms, repayment obligations, and associated costs, a practice the petition argues undermines consumer rights protected under Article 46 of the Constitution.
Among the most serious claims is the allegation that association members who have made substantial repayments, in some cases exceeding the value of the financed motorcycles, are still not given logbooks or recognised as legal owners of the assets.
The petition further alleges that motorcycles are repossessed immediately upon default and that stolen motorcycles equipped with tracking devices are not recovered, yet borrowers continue to be pursued for repayments even where insurance compensation has been paid, resulting in adverse credit listings.
The association also raised concerns about the handling of customers' personal data, alleging breaches of data protection laws in the collection, processing, storage, and sharing of such information.
Petition Committed to Parliamentary Committee
Gishira told the House that the association had previously attempted to have these issues resolved through the Departmental Committee on Finance and National Planning, but alleged that Mogo Auto Limited failed to attend the committee meetings convened for that purpose.
The petition now calls on the National Assembly to investigate whether Mogo Auto Limited's operations comply with the legal and regulatory framework governing lending and asset financing, including requirements administered by the Central Bank of Kenya.
It also urges Parliament to recommend legislative, regulatory, and administrative measures to shield bodaboda riders and other borrowers from exploitation and unfair business practices.
Speaker Wetangula, having determined that the matters raised fall within the authority of the House and are not pending before any court or constitutional body, committed the petition to the Public Petitions Committee pursuant to Standing Order 208A.
The committee is required to consider the petition and report its findings to the House and the petitioner in line with Standing Order 227.
Source: TUKO.co.ke
Reporting originally appeared via TUKO. Read the full source for additional context.