• About
  • Advertise
  • Privacy & Policy
  • Contact
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.
Advertisement
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
No Result
View All Result
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
No Result
View All Result
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.
No Result
View All Result
Home News News

Family Bank and Simba Corporation Limited to Offer 100 Per Cent Financing On Vehicles

by
27th February 2020
in News
0
Family Bank and Simba Corporation Limited to Offer 100 Per Cent Financing On Vehicles
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Family Bank has partnered with Simba Corporation Limited for a deal that will see customers receive up to 100 per cent financing to purchase vehicles.

Small and Medium-Sized customers in the agribusiness, trade and logistics will have the ability to purchase Fuso trucks, Mitsubishi, and Mahindra trucks at a very competitive interest rates.

Agribusiness sector, religious and education institutions will also access a 100 per cent financing, but repayable for five years, other business enterprises will have a 95 percent financing repayable within 60 months.

Public Service Vehicle customers will be given an 80 per cent financing to be repaid in 48 months.

This can be incorporated within the asset finance facility as one single total cost. Insurance package will cover political violence, accidental damage access protector, alternator and starter theft, and terrorism for school busses.

“As a Bank that values SMEs, we aim to bridge the gap hindering their growth and this partnership is a big step in that direction. With this partnership, we will not only offer entrepreneurs financing for automobile products but will also extend to them favourable terms and quick approvals that will ensure their businesses keep growing,” said Family Bank Chief Executive Officer Rebecca Mbithi during the launch.

“I want to thank Simba Corporation for their commitment towards the SME sector and also for coming on board to help us meet the growing and ever-changing needs of our customers,” she concluded.

“We continue to make it our mission to create value for our customers through mutually beneficial relationships as shown in our partnership today with Family Bank. We are confident that our customers will enjoy the financial support, which we believe will go a long way to grow their businesses,” Simba Corp’s Chief Commercial Officer Ameet Shroff said.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to print (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Skype (Opens in new window)

Like this:

Like Loading...

Related

Previous Post

Young Kenyan in UK Championing for Mental Health in Africa

Next Post

Safaricom Becomes Amazon Web Services Reseller in East Africa

Next Post
Safaricom Becomes Amazon Web Services Reseller in East Africa

Safaricom Becomes Amazon Web Services Reseller in East Africa

  • Trending
  • Comments
  • Latest

Do You Know the Requirements for Your Passport Collection in Kenya?

9th October 2023
Chilli Farming in Kenya, The Untapped Venture

Chilli Farming in Kenya, The Untapped Venture

17th January 2025
kenya2uhub.com

List of Chinese Construction Companies in Africa

5th February 2021
Raspberry Farming in Kenya: the sign of sucess

Raspberry Farming in Kenya: the sign of sucess

14th February 2022
Kenyans in UAE Diaspora to Benefit from EXPO 2020 Dubai

Kenyans in UAE Diaspora to Benefit from EXPO 2020 Dubai

3
Influencer marketing in Kenya. Image is a collage of camera, tablet with a social feed showing on screen and other pieces used for digital content creation.

Why You Should Be Considering The Use Of Influencers In Your Business – Let’s Talk Digital.

1

Aljazera interview with Uhuru – Tuesday 22nd

0

Tazama

0
President Ruto Lauds Kenyan Diaspora for  Significant Contribution to Country’s Economy

President Ruto Lauds Kenyan Diaspora for Significant Contribution to Country’s Economy

31st January 2025

The First Volkswagen Beetle Ambassador in Kenya; Chief Njiiri wa Karanja

30th January 2025
Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

23rd January 2025
Looking for a Market for Your Chilli Produce?

Looking for a Market for Your Chilli Produce?

23rd January 2025

Recent News

President Ruto Lauds Kenyan Diaspora for  Significant Contribution to Country’s Economy

President Ruto Lauds Kenyan Diaspora for Significant Contribution to Country’s Economy

31st January 2025

The First Volkswagen Beetle Ambassador in Kenya; Chief Njiiri wa Karanja

30th January 2025
Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

23rd January 2025
Looking for a Market for Your Chilli Produce?

Looking for a Market for Your Chilli Produce?

23rd January 2025
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.

Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.

Follow Us

Browse by Category

  • Ads & Trades
  • Business
  • Entertainment
  • Fintech
  • Food
  • Gaming
  • Hospitality
  • KCB DIASPORA AGENT
  • Lifestyle
  • News
  • News
  • Real Estate
  • Sports
  • Tech
  • Travel
  • World

Recent News

President Ruto Lauds Kenyan Diaspora for  Significant Contribution to Country’s Economy

President Ruto Lauds Kenyan Diaspora for Significant Contribution to Country’s Economy

31st January 2025

The First Volkswagen Beetle Ambassador in Kenya; Chief Njiiri wa Karanja

30th January 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© Copyright 2022 Kenya2uhub.com Powered by Domains Africa Technologies

No Result
View All Result
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
%d bloggers like this: