Roam, Kenya’s leading electric mobility company, has partnered with 4G Capital, a licensed digital credit provider, to offer affordable financing for electric motorcycles to boda boda riders. This initiative, part of the Jiinue Growth Program [2022–2027] supported by the Mastercard Foundation, aims to empower young riders, by making clean transportation accessible and cost-effective.
Riders Save KES 500/Day with New Financing
Through this partnership, riders can own a Roam Air electric motorcycle with a single battery by making daily payments of KES 460. They will save KES 500 per day compared to traditional fuel-powered motorcycles. The bike’s portable charging feature allows users to recharge at any standard power outlet. This keeps costs as low as KES 80 for an 80 km ride. By reducing financial barriers, this initiative enhances riders’ economic stability while promoting sustainable transport.
According to Stephen Kahuthia, Roam’s Sales Field Manager, this collaboration reflects Roam’s commitment to affordable, inclusive, and environmentally friendly mobility. The financing model is tailored to boda boda riders, who typically earn daily wages. With a KES 25,000 deposit, a rider can finance the motorcycle over 24 months with daily payments of KES 460. If an extra battery is needed, an additional KES 5,000 deposit and KES 207 daily payment apply. The seamless mobile money integration makes the process easy and convenient.
Electric motorcycles are not only cheaper to operate but also provide a reliable, long-term solution for riders looking to increase their earnings.
Beyond affordability, this initiative is reshaping the boda boda industry by proving that sustainability and profitability can coexist. Electric motorcycles are not only cheaper to operate but also provide a reliable, long-term solution for riders looking to increase their earnings.
Valentine Nasila, Head of Partnerships at 4G Capital, emphasized that this collaboration aligns with 4G Capital’s mission of supporting business growth and economic empowerment. By switching to electric mobility, riders can increase their savings, own their motorcycles, and contribute to a cleaner environment.
With Roam’s innovative technology and 4G Capital’s financial expertise. This partnership ensures that boda boda riders can access life-changing opportunities without financial strain. The financing package also includes comprehensive insurance, ensuring a secure and worry-free transition to electric transport.
