Equity Bank and CFAO Mobility Launch 105% School Transport Financing with Flexible Payment Plans
Equity Bank and CFAO Mobility offer schools 105% vehicle financing with 84-month terms for Toyota, Mercedes-Benz buses...
✨ Key Highlights
Equity Bank and CFAO Mobility Kenya have partnered to offer a revolutionary 105% vehicle financing solution for educational institutions across Kenya, covering vehicle costs, insurance, and associated expenses. This initiative addresses the critical need for safe and reliable school transportation by providing flexible repayment terms up to 84 months, aligning with academic calendars.
- Schools can finance popular models including the Toyota Hiace Van, Mercedes Benz Bus 917, and Hino FC 500.
- The partnership includes comprehensive after-sales support and training, emphasizing proper vehicle usage and maintenance.
- David Bagenda, Commercial Director for Equity Bank, highlighted the broader educational impact, enabling dignified and dependable mobility for students.
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Kenyan Financial Institutions Launch Financing Initiatives - July 2025
Equity Bank and CFAO Mobility Kenya have partnered to launch a 105% vehicle financing solution designed for educational institutions across Kenya, aiming to provide safe and reliable school transportation with flexible payment plans up to 84 months. Concurrently, Sun King has secured a landmark KES 20.1 billion (USD 156 million) securitisation deal, the largest of its kind in Sub-Saharan Africa outside South Africa, to expand off-grid solar power access for an estimated 1.4 million low-income households and businesses in Kenya. Additionally, Infinix is running a limited-time mid-year clearance sale in Kenya, offering discounts of up to KES 3,000 on its Smart 9 and Hot 50 Pro+ smartphone series.
