A youth Sacco in Nakuru has partnered with a motorcycle selling company and is buying motorcycles for their members to be paid in installments.
Speaking from Afraha Stadium open ground, Ms. Betty Soi, the accounts manager of Nakuru county Youth Bunge Sacco explained that they were on a mission to empower the youth by helping them own assets.
“We have realised that a lot of young people ride motorbikes that they don’t own. They pay the bike owners 300 Kenya shillings daily and this is the same amount they can pay towards owning their own boda bodas,” said Betty.
Betty explained that they had partnered with the suppliers of Boxer motorcycles in Nakuru and for a down payment of Kshs. 45, 000 shillings, the Sacco was buying the motorcycles for the young men. All they needed was to register as members of the Sacco, have a saving of 45,000 shillings and the motorbike would be theirs.
“We insure the motorcycle for you at no extra cost and we regularly hold training for our members on entrepreneurship and financial literacy,” explained Betty.
She was speaking at an event where the suppliers of the Boxer motorcycles were offering free serving of Boxer motorcycles which was happening on Friday and was to continue on Saturday.
“We are targeting the riders that are coming here and so far the response has been good since most of them would like to own their own motorcycles,” said Betty who was accompanied by her colleague Eric Kirwa.