Uber and Sidian Bank have partnered up to offer Uber drivers in Kenya easy access to car loans. For drivers to be eligible, they must have a minimum of 500 trips and an average rating of 4.6 points. Sidian Bank has set aside Ksh10 billion for the car loan scheme and they’re offering up to 100 percent car loan financing, with a maximum amount of Ksh1.5 million.
Uber wants to make this a thing in all African countries they operate in, so I guess we’ll just have to see how this works out in Kenya.
Source – iafrikan.com
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