E-mobility company Roam has partnered with neobank 4G capital to offer electric motorcycles at affordable rates, in an initiative backed by MasterCard Foundation.
- •Riders can acquire a Roam Air electric motorcycle by making a KSh 25, 000 deposit for the motorcycle and a single battery with 80km range.
- •Riders then pay KSh 470 daily for 24 months to fully own the motorcycle and battery.
- •An extra battery will require a KSh 5, 000 deposit, and an additional daily payment of KSh 207 for the same period.
“This partnership aligns with our vision of creating opportunities for growth and economic empowerment,” Valentine Nasila, Head of Partnerships at 4G Capital said. “This partnership is about boosting incomes, saving on costs, and contributing to a greener future.”
Electric motorcycles typically cost less to run, with Roam estimating that riders spend as little as KSh 80 to cover an 80km single battery range.
“Our partnership with 4G Capital reflects our shared vision of empowering boda boda riders with solutions that drive economic growth and environmental stewardship,” Stephen Kahuthia, Roam Sales Field Manager said.
The partnership will run through 4G Capital’s financing program under the Jiinue Growth Program (2022–2027), in partnership with the Mastercard Foundation.
