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Business Updated: 07 December 2024 11:11 EAT 39 Views | ~ 1 minute

KCB and CFAO Mobility Kenya ink deal to offer up to 100% vehicle financing options

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KCB and CFAO Mobility Kenya have entered a strategic partnership to provide affordable vehicle financing solutions for individuals and businesses. 

As a result, customers will enjoy up to 100% financing alongside flexible repayment terms of up to 72 months for the Toyota Hilux single and double cabin models. This collaboration aims to make vehicle ownership more accessible by offering tailored financial solutions on a wide range of vehicles. 

This means that SMEs/MSMEs, individuals and corporates alike will enjoy a smooth and fast loan approval process, alongside exclusive vehicle discounts on select models and after-sales support.

Speaking during the unveiling of the partnership, KCB Director, Corporate Banking, John Okulo stated that the partnership is designed to offer the best value for corporate and retail customers when acquiring their preferred vehicle model from CFAO Mobility Kenya.

“We are excited with this new partnership as it reaffirms our commitment to offer a strong asset finance value proposition to our customers who are keen to acquire automotive solutions that fit their business or personal needs. Given the current economic challenges, Kenyans have had to readjust their priorities and that is why as KCB we are constantly seeking strategic partnerships that will make vehicle ownership more convenient and affordable for all,” said Okulo. 

On his part, CFAO Mobility Kenya Deputy Managing Director Mr. Joshua Anya noted that as the leading mobility solutions provider in the country, CFAO Mobility plays a key role in enabling vehicle ownership and providing fit for purpose mobility solutions that are geared towards meeting the needs of all their customer segments. 

“This partnership underscores our commitment to empowering Kenyans with access to high-quality, reliable vehicles at affordable terms. By teaming up with KCB Bank, we are making it easier for customers to achieve their mobility goals, whether for personal or business needs. At the same time, it also reflects our commitment to keep the consumer at the heart of what we do, in keeping with our vision to be the preferred partner for mobility solutions,” Mr. Anya noted.


Tags: Cfao Motors Kenya Kcb


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