If you’re looking to enter the boda boda (motorcycle taxi) business or simply need a motorcycle for personal use in Kenya, Boxer Motorcycle Loans offer a convenient financing option. These loans allow you to acquire a motorbike and pay for it in manageable installments. Here’s what you need to know:
Boxer Motorcycle Loans in Kenya:
- With Boxer Motorcycle Loans, you can purchase a motorbike on credit and pay for it later in daily, weekly, or monthly installments.
- You’ll typically start with a low deposit, sometimes as low as Ksh 10,000, depending on the lender.
- The loan enables you to acquire a new or used motorbike, making it accessible for a wide range of customers.
- Installment amounts can be as affordable as Ksh 200 per day, Ksh 1,400 per week, or Ksh 6,000 per month, depending on your preference and financial capacity.
Top Lenders Offering Boxer Motorcycle Loans in Kenya:
- Watu Africa (Formerly Watu Credit): Watu Africa is one of the most widespread motorcycle loan providers in Kenya. Visit any Watu Africa office, apply for a Boxer Motorcycle Loan, and if approved, you can ride away with your bike on the spot. You can start using it for commercial or personal purposes.
- Mogo: Mogo is another nationwide lender offering Boxer Motorcycle Loans. Borrowers can visit a nearby Mogo office, apply for bike financing, and ride away instantly once approved. Repayment terms are flexible, allowing daily, weekly, or monthly installments.
- JoyInc: JoyInc is unique among Boxer Motorcycle Loan providers as it doesn’t require an initial deposit. Apply for a bike loan, get approved, and ride away without paying a deposit. Then, pay the entire loan amount in convenient installments—daily, weekly, or monthly.
- Bike Lending Services (BLS): BLS provides Boxer Motorcycle Loans in Nairobi. Their terms are similar to Mogo and Watu Africa. After approval, you’ll pay the deposit, ride away with the bike, and continue making scheduled installments.
- Maxyhonda: While Maxyhonda primarily deals with Honda motorcycles, they also offer bike loans. Pay the required deposit, ride away with your chosen motorcycle, and repay the remaining amount through agreed-upon installments.
How to Apply for a Boxer Motorcycle Loan:
- Visit the nearest office of your chosen lender.
- Apply for the Boxer Motorcycle Loan, providing the necessary documentation and information.
- If approved, you’ll receive the motorbike and begin making repayments based on the agreed schedule.
- Enjoy the convenience of owning a motorbike while paying in manageable installments.
Boxer Motorcycle Loans in Kenya offer a practical solution for individuals looking to enter the boda boda business or acquire a motorbike for personal use. Explore the options provided by top lenders and choose the one that best suits your needs.
