Loan Product
Boda Boda Loan
Kinoni SACCO • Affordable motorcycle finance for riders
Excerpt: Upgrade your ride, secure your income — Kinoni SACCO’s Boda Boda Loan helps riders become owners and grow their daily earnings.
Why Choose the Boda Boda Loan?
The boda boda industry is one of Uganda’s largest sources of employment. For many, owning a motorcycle means the difference between daily uncertainty and stable income. Kinoni SACCO’s Boda Boda Loan makes motorcycle ownership affordable by providing financing that matches riders’ income streams.
Benefits to You
- Ownership: Buy or upgrade your motorcycle without needing all the cash upfront.
- Affordable installments: Repayment terms align with daily or weekly earnings.
- Income stability: Reliable bikes reduce breakdowns and improve profits.
- Empowerment: Gain financial independence and support your family.
How to Apply
- Become a member of Kinoni SACCO.
- Provide identification documents (National ID, passport photos, etc.).
- Submit a Boda Boda Loan application at the nearest branch.
- Present details of your planned purchase (supplier invoice or estimated cost).
- After approval, funds are released to support your motorcycle purchase.
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