Micro, Small, and Medium Enterprises (MSMEs) form the backbone of Kenya’s economy, driving innovation, creating jobs, and fostering growth across various sectors. Yet, one of the biggest hurdles they face is access to affordable, reliable, and efficient equipment financing solutions. Addressing this challenge requires innovative partnerships that deliver practical and impactful solutions.
Kibo Africa Ltd and EFKen Leasing Ltd are proud to announce a strategic partnership aimed at empowering MSMEs with a game-changing solution: affordable, lease-to-own financing for Kibo motorcycles. This collaboration not only addresses the mobility needs of MSMEs but also provides a sustainable avenue for businesses to grow and thrive in today’s challenging economic climate.
Why This Partnership Matters
Kibo motorcycles are renowned for their durability, efficiency, and ability to navigate East Africa’s diverse terrains. Designed in the Netherlands and assembled locally in Kenya, these motorcycles are more than just a mode of transportation—they’re a tool for transformation. By partnering with EFKen Leasing, a pioneer in MSME equipment financing, Kibo is making these powerful bikes accessible to businesses that need them the most.
The financing solution is tailored for MSMEs across agriculture, logistics, e-commerce, and more sectors. Whether transporting agricultural produce, managing last-mile delivery for e-commerce, or ensuring veterinary officers can reach rural communities, Kibo motorcycles are enabling businesses to operate seamlessly.
Key Benefits for MSMEs
- Affordable Ownership: Lease-to-own plans designed to align with the cash flow of MSMEs, ensuring businesses can grow without financial strain.
- Reliable Transport: Kibo motorcycles, built to handle heavy loads and rough terrains, enhance mobility and operational efficiency.
- Comprehensive Support: With local assembly and a strong after-sales network, businesses can count on ongoing support for their motorcycles.
A Shared Vision for Growth
Speaking about the partnership, Judyanne Wanjiku, CEO of EFKen Leasing Ltd, emphasized the shared commitment to empowering MSMEs:
“This partnership goes beyond financing; it’s about fostering growth and sustainability for MSMEs. With Kibo’s locally manufactured motorcycles, improvements can be made based on real-time customer feedback, ensuring the product remains aligned with market needs. As a financier, we value aftersales support and a collaborative journey with our clients, and Kibo stands out with its robust network, reliable spares, and commitment to customer satisfaction. Together, we’re empowering small businesses to excel in their operations and drive impactful growth.”
Peter Schokker, Managing Director of Kibo Africa, added:
“This collaboration enables us to expand our reach into the SME market, a vital component of Kenya’s economy. By combining our robust, off-road motorcycles with EFKen’s innovative financing solutions, we are not only supporting businesses but also fostering economic empowerment. This partnership aligns with our mission to create localized solutions for Kenyan businesses, helping them thrive in challenging economic times.”
Transforming Businesses through Last Mile Mobility Solutions
This partnership also reinforces Kibo’s role as a key motorcycle supplier to prominent companies like Kenya Power and Lighting Company, Posta Kenya and G4S. By bringing the same quality and reliability to MSMEs, Kibo Africa and EFKen Leasing are ensuring that businesses of all sizes can access quality last mile mobility solutions.
Visit kibo.bike/financing to learn more and take the first step toward growth. Together, we’re not just moving goods; we’re moving Kenya forward. Let’s drive the future of MSMEs, one motorcycle at a time.