Toyota Kenya and Sendy partner to support riders in the acquisition of Yamaha bikes
Nairobi, Kenya, January 2021… Online logistics platform, Sendy, and Crediation, a fintech firm based in Nairobi, have entered into a financing agreement that will enable riders on the platform to acquire Yamaha motorcycles from Toyota Kenya through flexible installment payments.
Crediation has fully financed the motorcycles, allowing successful riders to acquire the Yamaha Crux bikes from Toyota Kenya without a deposit. The riders will be required to make monthly repayments for the motorcycles over a period of 12 months.
On its part, Toyota Kenya will provide after sales support to the Sendy Partners, including two free service appointments and free-rider training at the Yamaha Rider Academy.
Speaking at a ceremony to handover motorcycles to 15 Sendy Partners, Yamaha Kenya Brand Manager Cleon Oguya thanked Sendy and Crediation for choosing to work with Toyota Kenya as the automotive partner and in particular, selecting Yamaha Crux as the motorcycle of choice.
“The locally manufactured Yamaha Crux, with a 110cc engine, is one of the most efficient motorcycles in the market, offering up to 70km per litre. The Crux features a whole new level of suspension and comfort that enhances its ground clearance, enabling riders to operate in almost all terrains.”
With the partnership geared towards providing an employment opportunity avenue, Mr. Chris Nyaga, Sendy Transport Country Manager said “We are excited that through this one of a kind initiative our partner riders are empowered to access great quality motorbikes at a great cost.”
Toyota Kenya Limited
Toyota Kenya Limited is a subsidiary of CFAO Automotive, a division of the CFAO Group. CFAO Automotive distributes the Toyota brand in 34 East, West and Central African countries, as well as in the French overseas territories. Headquartered in Nairobi, Toyota Kenya is currently the sole distributor and service provider of Toyota, Yamaha motorcycles and Hino trucks in Kenya, and an appointed distributor of Suzuki brand. The company has a network of 31 branches, dealerships, and approved Toyota Service Centres across the country.
Sendy is a platform for businesses seeking to trade with ease. Sendy currently offers delivery for over 5,000 businesses some of which include Unilever, Jumia, Copia, DHL and Safaricom. As the only platform in Africa covering the first to the last mile, Sendy enables businesses to send raw materials to their production facilities through trucks as well as finished goods to their end-customers using vans, pick-ups and bikes.