Boda Fund motorcycle handover event in Kenya
ECONOMIC EMPOWERMENT

Changing lives,
one ride at a time.

Boda Fund helps young people access productive business assets and working capital so they can build sustainable livelihoods through the motorcycle taxi economy.

Grant-funded initiative United States African Development Foundation (USADF)
African-led enterprise development
Youth economic opportunity
Community-based delivery
Revolving capital model
THE OPPORTUNITY

A practical pathway from mobility to income.

Motorcycle taxis are a major part of Kenya's everyday transport economy. Boda Fund is designed around a simple insight: when young riders can access the right asset, working capital and local business support, mobility can become a platform for economic independence.

The project identifies unemployed youth's limited access to formal credit as a core barrier. Boda Fund responds with access to Boda Boda business assets and working capital through a revolving fund, supported by social networks and SACCOs.

2M+registered boda boda operators
8M+Kenyans using boda bodas daily
$5B+annual sector revenue
Boda Fund motorcycles prepared for riders
ASSET ACCESSTurning productive assets into opportunity.
HOW IT WORKS

A locally connected operating model.

Boda Fund combines financing, asset management and community relationships to create a delivery model built for scale.

01

Access the asset

Eligible riders gain access to a Boda Boda business asset and working capital through the revolving fund.

02

Work through SACCOs

SACCOs provide local support, onboarding, references, guarantees and assistance with collections.

03

Reinvest & scale

The project model reinvests 80% of monthly revenues to grow the fund and expand access to more riders.

EVIDENCE FROM THE PILOT

Built around real riders and real demand.

Project materials document the Bungoma pilot and early operating results.

Community and stakeholders at the Boda Fund launch
2021 • BUNGOMA COUNTY

Pilot launch with government and community stakeholders.

99%monthly repayment reported in pilot results
2,000+ready beneficiaries reported
25%quarterly growth rate reported in pilot results
1,000+Livelihoods empowered in Kenya
OUR STORY

From a grant-supported pilot to a scalable mobility finance model.

The project was founded by Wilson Omollo through a funding grant from United States African Development Foundation (USADF) in December 2019, a Bungoma County pilot in February 2021 and subsequent preparations for commercial launch and regional rollout.

2019

Grant funding from USADF

2021

Pilot launched in Bungoma County

2023

Commercial launch

Boda Fund launch event
BUILD WITH US

Help expand access to productive assets and opportunity.

We welcome conversations with investors, donors, suppliers, SACCOs, insurers and strategic partners.

Delta Corner Towers, 6th Floor
Westlands, Nairobi, Kenya
info@bodafund.org Start a conversation →
Grant funding & development partnership

Boda Fund's project materials identify grant funding from the United States African Development Foundation (USADF). USADF is a U.S. Government agency established by Congress that supports African-led enterprises and underserved communities.

Visit USADF ↗