Fortune Credit is one of the companies in Kenya which offer boda boda loans. There are also other loans offered by the company. Below is a list of loans, how to apply and interest rates:
Bodaboda Loans
This is a financial solution that supports players in this growing market in Kenya using motorbikes to ferry people and goods.
E-Motorbike
Electric motorbike equipped with a smart vehicle control unit that provides location tracking,anti-theft, and remote bike controls. These motorbikes are safer, more advanced, and affordable, helping one save on long term basis: Features include:
- Improved safety thanks to the antilock braking system
- Silent motors blend into any environment and make for a comfortable ride.
- Removable battery that allows quick swapping at charging stations.
- 100KM range that is a perfect for daily commutes in and out of the city.
- A wide selection of customizable gizmos to suit your needs.
- Low Maintenance cost.
- They produce 75% less lifecycle greenhouse emissions than petrol motorbikes using grid power and over 98% less on renewables
Agri-business Loans
This is a business loan that provides agribusiness value chain players with growth, diversification and consolidation of their farming business under the following funding area::
- Asset Financing: This involves funding acquisition of productivity enhancement assets, direct productive assets, and value addition processing equipment.
- Working Capital: Funding Agri-based businesses needs in terms of Farm inputs, business stock, farm operations, packaging and transport.
The product is primarily targeted at the following agricultural value propositions:
- Dairy farming
- Tea farming
- Horticulture
- Livestock and Fishery
- Enterprises
Green financing products
- Cooking solution (clean energy cooking stove).
- Solar lighting solution
- Biogas loan
- Solar powered egg incubators
- Solar irrigation pumps/kits
- Electric motorbikes
- Insurance premium financing
Working Capital
Here we finance everyday operations for our clients. These includes funding agribusiness needs such as farm inputs, business stock, farm operations, packaging and transport.
Education Loans
- Our clients borrow school fees loans with money sent directly to the school fees bank account.
The interest rates depend on the type of loan you take. It’s usually between 1% and 3% per month.
