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Opportunity through ownership, via motorcycles

Opportunity through ownership, via motorcycles

Most of Uganda's 100,000+ motorcycle taxi, or boda boda, drivers rent their motorcycles with no fixed contract, meaning the motorcycle can be taken away at any time. After rent and for fuel, drivers have a hard time building savings and planning for the future.

At Tugende, we offer responsible drivers credit in the form of a new motorcycle to be paid off over about 18 months. Weekly payments are slightly higher than the average rental, but ownership doubles profits for drivers.
Total raised

$300,000

Funded over

1 round

Latest round (Dec 2013)

Seed

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