How Nairobi boda boda riders are using collective savings to build businesses

Nairobi boda boda riders are using collective savings, Sacco loans and affordable financing to acquire motorcycles, grow businesses, create jobs and build stronger financial futures...

✨ Key Highlights

Nairobi boda boda riders are leveraging collective savings to establish and grow their businesses through the formation of self-help groups.

The Cornerview Boda Boda Self-Help Group started with seven members saving Sh1,000 each monthly.
The group secured loans totaling Sh145,000, Sh207,000, and Sh365,000 through partnerships with Apstar Sacco, facilitated by the Supporting Access to Finance and Enterprise Recovery (SAFER) initiative.
The initiative, implemented by the Kenya Development Corporation (KDC), aims to provide affordable financing to micro, small, and medium enterprises (MSMEs), with a specific focus on supporting women and youth.

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