Micro-Asset/ Bodaboda Loans

We offer bodaboda loans to young men and women who do not have enough funds to pay the total amount upfront


Terms and conditions

  • Upfront payment (deposit); minimum ugx 2,000,000.
  • Loan period of up to 24 months.
  • Interest rate of 2% per month.
  • Maximum loan amount: Ugx 8,000,000 (depending on market price of motorcycles).
  • Frequency of payment weekly.
  • The motorcycle to be purchased becomes the collateral.
  • Two guarantors required.

Target group

  • Youth main target.
  • Other qualified persons can be accepted.


  • Financial inclusion of the youth by increasing accessibility to and affordability of loan facility .
  • Reduce the rampant sale of land by youth to buy motorcycle.
  • Ease of transportation of agricultural inputs and farm produce.
  • Facilitate general transportation of goods and passengers.