Business · Companies · 2 hrs ago

M-KOPA extends pay-as-you-go financing to electric tuk-tuks in Kenya

M-KOPA extends pay-as-you-go financing to electric tuk-tuks in Kenya

M-KOPA has financed more than 10,000 vehicles through its mobility business.

It used a pay-as-you-go model, which lets customers pay over time.

The company is now bringing that model to electric tuk-tuks in Kenya.

Tuk-tuks are three-wheeled vehicles.

M-KOPA had previously used the model for electric motorcycles.

The move expands its vehicle-financing offer in Kenya, and the company is now applying the same approach to tuk-tuks.

Sources

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