Username Sacco has today unveiled its Boda Boda & Tuk-Tuk Express Loan, a revolutionary financing solution designed to offer affordable credit to Kenyan youth by providing access to electric income-generating motorcycles and Tuk-Tuks.
The shift toward electric mobility within these sectors presents an even greater opportunity by lowering the cost of fuel, reducing daily operating expenses and promoting environmentally sustainable transport solutions.
Speaking at the launch held at Githurai Market, the CEO of Username Sacco, Sarah Wahogo, noted that the product is a direct response to Kenya’s unemployment challenge, which stands at 7.23% as of 2025 and disproportionately affects young people. She emphasized that by supporting the adoption of electric boda bodas and tuk-tuks, the Sacco is not only enabling affordable access to income generating assets but also empowering riders to earn more sustainably while contributing to a cleaner and more cost-efficient transport ecosystem.
Username Properties announces well-paying marketing job; how to apply
Username Saccos Boda Boda TukTuk Express loan aligns with key global development priorities, including SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), and SDG 11 (Sustainable Cities and Communities).
The Boda Boda Loan finances electric motorbikes tailored for urban boda boda operations, while the Electric Tuk-Tuk Loan supports both passenger and cargo units suitable for public transport and SME logistics. The electric units offer lower daily operating costs, extended range per battery swap and reduced environmental impact compared to conventional fuel-powered options.
According to Ms. Mercy Gakonyo, the Head of Sacco at Username Properties, this new loan product is designed to support dignity, productivity and financial inclusion within the transport sector all while cutting the costs of fuel as they have chargeable batteries.
“This Boda Boda TukTuk Express loan is a game changer in the industry because it offers flexible repayment periods of up to 24 months for electric motorbikes with daily payments of Kshs. 325 only and 30 months for electric Tuk-Tuks with daily payments of Kshs. 575 only. Once a member of the Sacco has built up enough investment, payments from the Sacco will be made directly to approved dealers, enabling Kenyans to access their electric investment,” she stated.
Ms. Gakonyo concluded by inviting riders, operators, partners, and stakeholders to engage with the new product, urging them to visit the Username Sacco website for more information.
“This launch marks an important milestone in redefining asset financing for Kenya’s informal transport sector. All financed units will be secured through joint logbook registration and mandatory GPS tracking. As Username Sacco, we remain committed to bringing innovative solutions that will bring sustainability and economic empowerment for Kenyans,” she reaffirmed.
