Nairobi, Feb. 2 -- The use of movable assets such as cars as loan collateral rose 43.02 percent in 2025, with initial security notices filed by financiers at the Movable Property Security Rights (MPSR) registry increasing to 151,057, up from 105,617 in 2024, new data shows.

The statistics from the Business Registration Service (BRS) indicate that the jump reflects growing reliance on movable property by borrowers as credit demand strengthens across the economy amid easing monetary conditions.

The MPSR registry allows lenders to register security interests over movable assets, giving them priority rights over collateral in the event of borrower default, while enabling borrowers to unlock credit using assets that are not land or buildings...