boda_boda

Boda Boda loans

With MOGO, you can get a new Boda Boda faster than ever!

Get more information on how to get a motorcycle loan:
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New Boda Boda with a down payment from UGX 450,000
Pay as little as UGX 71,800 per week
Choose any motorcycle of your choice
Who can get a Boda Boda loan?

Who can get a Boda Boda loan?

To get a loan from MOGO, you need to meet these criteria:

  • To be Boda Boda Stage member for at least for 6 months
  • Provide guarantor from your Stage
  • Provide national ID
  • Choose a bike model of your choice - Bajaj Boxer 100/125cc or TVS Star HLX 125cc / UG Boss 100cc / TukTuk or Simba Sumo

How to start driving your own Boda Boda?

  • 1. Select a Boda Boda model

    Choose your desired motorcycle make - Bajaj Boxer 100cc or TVS Star HLX 125

  • 2. Visit one of our boda branches

    Visit MOGO Boda Boda branch for documents verification. Choose the loan term (80 or 104 weeks) and installment amount.

  • 3. Sign a contract

    After a simple identity check, just sign a contract and pay the initial deposit starting from UGX 450,000. Your bike will be ready within 48 hours.

  • 4. Ride your new Boda Boda!

    Conveniently pay on a weekly repayment schedule and ride your brand new Boda Boda! After repaying the loan, you will become the legal owner of the motorcycle.

Select a Boda Boda model
1. Select a Boda Boda model

Choose your desired motorcycle make - Bajaj Boxer 100cc or TVS Star HLX 125

Visit one of our boda branches
2. Visit one of our boda branches

Visit MOGO Boda Boda branch for documents verification. Choose the loan term (80 or 104 weeks) and installment amount.

Sign a contract
3. Sign a contract

After a simple identity check, just sign a contract and pay the initial deposit starting from UGX 450,000. Your bike will be ready within 48 hours.

Ride your new Boda Boda!
4. Ride your new Boda Boda!

Conveniently pay on a weekly repayment schedule and ride your brand new Boda Boda! After repaying the loan, you will become the legal owner of the motorcycle.

Customer feedback

We value the feedback from our customers because together with our customers we build long-term cooperation based on mutual trust!

Boda Loans

Staffs are so welcoming and their services are excellent.

20-01-2022 Micere Kariuki

Boda Loans

The staff was professional and smart. They had product knowledge and it's my second bike.

20-01-2022 Eric Anyona

Boda Loans

I love your services. Your quick loan processing and reasonable interest rates. Kudos guys!

13-07-2021 Ndaita Moses
MOGO - boda boda loans leader in Uganda

MOGO - boda boda loans leader in Uganda

MOGO is the leading vehicle financing company in Uganda. With our quick and flexible service, you can get your own Boda Boda within 48 hours!
 
Get a motorcycle loan and ride your Boda Boda home with UGX 495,000 deposit and with a repayment plan from as low as UGX 71,800 become the legal owner of your motorcycle after 80 to 130 weeks of the repayment plan, depending on your preference.

 With MOGO, riding your new Boda Boda is easier than ever!

 

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Mogo Loans SMC Ltd (physical location at Premier Complex, Jinja Rd, Nakawa, Kampala) is part of the MOGO Finance group, founded in 2012. MOGO group specializes in consumer finance for used cars. Our offices operate in Europe, Asia & Africa. The rapid development of MOGO is possible by the presence of stable equity capital, high-performance technological solutions and effective management of the loan portfolio. In Uganda, MOGO provides financing to passenger cars, logbook loans & boda loans. Loan amount ranges from 2,000,000 to 37,000,000 Ugandan Shillings for a period of 6 to 60 months. MOGO interest rate is fixed at 2.4% per month. Depending on the loan amount, period and the vehicle you wish to purchase, the annual percentage rate ranges from 28.8% to 98.1%. Today, the company manages an aggregate portfolio of more than 150 million euros in loans of up to 7 years. More than 100,000 customers have chosen our company.

29-05-2022 11:15:22