Tugende helps motorcycle taxi drivers own their motorcycles in 18 months or less instead of renting indefinitely via a fair, transparent, lease to own model.
Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
Across Uganda, and many other emerging markets, motorcycles help drive the economy, mitigating traffic jams and bad roads as well as offering hundreds of thousands of jobs for those with little formal education.
Tugende is proving that millions of self-employed entrepreneurs can receive credit to own the equipment they use to provide for their families, even without credit histories, collateral, and in industries considered high risk by traditional lenders, and our vision is to be the leading small asset finance company serving informal sector entrepreneurs.