Diamond Trust Bank (DTB) has partnered with Simba Corporation so as to fund Small and Medium Sized Enterprises (SMEs). The partnership seeks to enable SMEs acquire new Fuso trucks.
The vehicles will be made available with 100 per cent financing under the bank’s motor vehicle financing scheme dubbed ‘Beba Leo’.
Thereafter, SMEs will be able to acquire Fuso trucks with a flexible repayment period.
Furthermore, customers will receive a one-year free comprehensive insurance cover from the Simba Corporation.
“With Beba Leo, the customer will not be required to outlay any cash to get these vehicles. They simply need an approval from DTB after which they can collect the desired vehicle from any Simba Corp distributor across the country.”Said Kennedy Nyakomitta, General Manager in charge of Asset Finance at DTB.
Diamond Trust Bank Group is an African banking group active in Burundi, Kenya, Tanzania, and Uganda. It is licensed by the Central Bank of Kenya.
On the other hand, Simba Corporation is the largest and sole representative for the distribution and service for a range Fuso trucks. These include the new FUSO FI and the popular Fuso Canter.