Loan Product

Boda Boda Loan

Finance your motorcycle and keep your income moving.

Overview

The Boda Boda Loan is purpose-built for motorcycle taxi riders in the Kyaddondo area. Use it to purchase a new or second-hand motorcycle, repair or maintain your current one, or manage related transport business expenses. Repayment is structured around daily or weekly income patterns.

Eligibility Requirements

  • SACCO member working as a boda boda rider
  • Boda boda stage or association membership helpful
  • Adequate savings history at the SACCO

Key Benefits

Purpose-built for motorcycle purchase or repair
Flexible daily/weekly repayment to match rider income
Builds your credit record for larger future loans
Part of our financial inclusion programme for informal workers

Repayment Terms

  • Daily or weekly repayment options available
  • Loan amount based on savings history and purpose
  • Speak with the Loans Officer for current interest rates

How to Apply

1
Visit the SACCO office
2
Bring your documents and discuss your needs
3
Complete the application form
4
Await approval
5
Receive funds — purchase or repair your motorcycle

Apply for this Loan

Visit our office or contact us to get started. Our team will guide you through the entire process.

Enquire / Apply Now Email Us

Documents Needed

  • National ID
  • Proof of boda boda activity (stage ID, association letter, or photos)
  • SACCO savings passbook or account number

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