BANK
Bank
KE

For a Small Business

Interested in:

Bodaboda/ Tuktuk Loan

Let us offer you 90% financing and set you off on your Boda Boda or Tuk Tuk biashara. That is not all, we top the financing with a comprehensive insurance cover as you zoom off to build your successful Biashara.

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Benefits

Benefits

Comprehensive Insurance Cover

Comprehensive Insurance Cover

Comprehensive Insurance p.a. of Kes 9,600.00 for Boda Boda and Kes 15,000.00 for Tuk Tuk

Friendly financing terms

Friendly financing terms

Get up to 90% financing of the purchase price (Max 5,000,000 plus insurance) 

Flexible repayment terms

Flexible repayment terms

Repay your loan for up to 24 months

Preferential pricing from dealers

Preferential pricing from dealers

Special price offers from Boda Boda and Tuk Tuk dealers, including service

What We Need From You*

  • An active account with any business institution where business proceeds are remitted for at least 3 months
  • Proforma invoice from Boda Boda and Tuk Tuk dealers
  • Valid driving license of the rider/driver
  • Demonstrate your ability to repay the loan

*A bank representative may call you at any time to obtain further information in line with our KYC process. At no point shall you be asked for your PIN or passwords.  Remember, PIN yako siri yako.

Loan Rates & Fees*

  • Interest rate - 13% (CBR rate 9% plus Bank Variable margin of 4%)
  • Negotiation fee - 3%

*Charges are not inclusive of tax

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