Diamond Trust Bank (DTB) has partnered with Tata Africa to offer 100% financing which will enable small and medium sized enterprises (SMEs) acquire vehicles from Tata Africa.
Through the scheme, dubbed ‘Beba Leo’, the SMEs will be financed to acquire Tata and Daewoo vehicles with a flexible repayment period of up to 60 months.
Kamal Rohira, Auto Business Head at Tata Africa Holdings (K) Ltd says the partnership targets individuals, SMEs and large commercial businesses for easy and attractive loans of up to 100% of the vehicle cost. He further added that Tata has an active population of more than 15,000 commercial vehicles in the country, which is served by 11 service stations and 23-part retailers.
Tata Kenya has recently opened Tata Authorized Service Stations (TASS) in Eldoret and Kisumu. This move aims to ensure that customers get access to specialized services post-purchase, given the rising demand for vehicles used in construction.
Tata Motors Limited, a $34 billion organisation, is a leading global automobile manufacturer with a portfolio that covers a wide range of cars, SUVs, buses, trucks, pickups and defence vehicles.
See Also:
