Inchcape Kenya LTD has partnered with Safaricom Sacco Ltd to change vehicle financing and make it more accessible for Sacco members. By providing affordable financing options, this strategic partnership hopes to enable more Kenyans to become car owners.
Members of Safaricom Sacco Ltd. are now eligible for financing that pays up to 90% of the price of new cars and 80% of the price of pre-owned cars. Sacco members will be able to fulfil their ambitions of becoming car owners thanks to this simplified application process.
This partnership isn’t just about financing; it is about bridging the affordability gap. By providing manageable repayment terms and competitive interest rates, this collaboration aims to empower more Kenyans to own vehicles. The ultimate goal is to promote greater mobility and economic participation among Kenyans.
Inchcape Kenya is a leading player in the automotive industry, operating as a key strategic partner to premium and luxury car brands across the globe.
Headquartered in London, United Kingdom, Inchcape has a strong presence in 32 countries, including Kenya, where it serves as the official distributor for Jaguar Land Rover and BMW.
Adding to its impressive portfolio, Inchcape Kenya has welcomed Changan Auto to the Kenyan market, marking the entry of the brand into the East African market.
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Changan Auto, a globally leading Chinese automotive group, is known for its commitment to lasting safety and its focus on cutting-edge technology and design.
Inchcape presents an innovative range of Changan’s vehicles in Kenya, including the Oshan SUV, Alsvin sedan, Hunter pickup, Star 5 Minivan, Star 5 mini truck Single and Double Cabin.
These models offer superior driving performance, fuel efficiency, advanced in-car technology, and excellent safety systems at competitive prices. With warranty periods ranging from 3 to 5 years, Changan vehicles are designed to deliver a fantastic driving and ownership experience for Kenyan customers.
For non-Safaricom Sacco Ltd. members interested in becoming part of this exciting opportunity, specific membership terms are in place. New members are required to pay an entrance fee of KShs. 1000 and acquire at least 400 shares of KShs. 40,000.
Members must also meet specific qualifications and adhere to the conditions outlined for membership cessation, withdrawal, and expulsion.
If you’re a Safaricom Sacco Ltd. member considering vehicle ownership or seeking financial assistance, this partnership could be the game-changer you’ve been waiting for.
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With flexible financing options and the promise of reliable, top-quality vehicles, this collaboration is set to make a significant impact on the Kenyan automotive industry.
It’s also worth noting that Safaricom Sacco is not just your typical savings and credit cooperative society; it’s a platform designed to provide members with the opportunity to access loans and other financial services. With its mobile banking service, SafCIRI, it offers a convenient and efficient way to handle financial transactions.
As Safaricom Sacco continues to evolve and grow, members can expect smooth access to financial services and innovative solutions to support their diverse needs.
The future looks promising for Safaricom Sacco Ltd members, with enhanced vehicle financing options and a strong focus on empowering individuals to achieve their dreams of vehicle ownership.