In Kenya, boda bodas have become an integral part of the transportation sector.
They offer a convenient and affordable way of moving from one point to another, especially in urban areas where traffic congestion is a common problem.
However, owning a boda boda can be quite expensive, and most operators have to rely on loans to acquire or expand their businesses.
In this article, we will explore the best boda boda loan providers in Kenya, who offer affordable and flexible financing options to help boda boda operators achieve their goals.
Boda Boda loan providers in Kenya
Here is a simplified table showing boda boda loan providers in Kenya, and their contacts.
Company
Contacts
Mogo
0768469112
KCB Bank
-
Pioneer Credit Ltd
0701777000, 0751259359, 0721605139
Progressive Credit
0702698577, 0789796477
Capital Sacco
0708843287, 0708843288
Mwananchi Credit
-
Ndege Chai Sacco
0522030121
Watu Credit
0709739000, 0719111000
Bimas Kenya
0701111700
Conclusion
In conclusion, there are several boda boda loan providers in Kenya that can offer financial support to motorcycle operators.
These loan providers offer flexible repayment plans, competitive interest rates, and fast processing times.
However, when choosing a loan provider, it is essential to compare the interest rates and loan terms to ensure that you get the best deal possible.
Moreover, it is crucial to understand the terms and conditions of the loan before signing the agreement to avoid any unforeseen charges.