VICBOSA brings boda boda riders together to save, support one another, and grow.
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Welcome to VICBOSA — the Vihiga County Boda Boda SACCO Society Limited.
Asset Financing
What VICBOSA Asset Financing Supports
VICBOSA supports eligible members with structured asset financing opportunities, including motorbike and other approved productive asset support. The aim is to help riders and transport operators move from daily cash pressure toward owning the tools they work with and building long-term economic security.
Asset financing is part of responsible SACCO participation. Access is subject to membership history, deposits, guarantors, SACCO policy, appraisal, approval, and available programs. It is not instant or guaranteed.
Common Eligible Asset Categories
Examples of productive assets members may inquire about. Availability depends on current SACCO programs, policy, and funds.
Motorbikes & Boda Boda Units
Support toward owning the motorbike a member rides for daily work and income.
Spare Parts & Maintenance
Productive support that helps keep a working motorbike roadworthy and earning.
Rider Safety Gear
Helmets, reflective clothing, and other items that support safer riding.
Other Approved Productive Assets
Income-generating assets that fall within approved SACCO asset financing programs.
Asset categories and availability are determined by current SACCO programs and policy. Members should confirm what is available with the VICBOSA office.
Who Asset Financing Is For
Asset financing is intended for active VICBOSA members participating in the SACCO through approved onboarding.
- Boda boda riders
- Transport operators
- Rider groups
- Corporate / group members
- Stakeholders supporting the boda boda sector
Eligibility depends on membership status and active SACCO participation under applicable policies.
Basic Eligibility Considerations
Asset financing follows responsible SACCO practice. The following are general considerations — not a guarantee of access.
- Active VICBOSA membership in good standing
- Consistent savings and deposit history
- Guarantors where required by SACCO policy
- Appraisal of the request by the SACCO
- Compliance with current SACCO policies
- Approval through the SACCO’s approved process
- Availability of funds and active asset financing programs
Members should confirm current eligibility requirements directly with the VICBOSA office.
Details Members May Be Asked to Provide
Depending on the request and current SACCO policy, members may be asked to provide some of the following. Confirm current requirements with the office.
Member Details
- National ID copy
- KRA PIN
- Current contact details
Membership Record
- Active membership standing
- Savings / deposit history
- Updated SACCO records
Guarantor Details
- Guarantor information where required
- Any security details requested by policy
- Confirmed contact references
Asset Information
- Details of the asset being considered
- Supporting quotation where applicable
- Any documents requested during appraisal
This list is for general guidance only. Exact requirements are confirmed by the SACCO during the approved process.
Responsible Borrowing & Savings Guidance
Asset financing works best alongside consistent savings and responsible planning.
Borrowing With Confidence
- Build a consistent savings and participation record before inquiring.
- Only take on what you can comfortably manage alongside daily expenses.
- Understand that savings support your record but do not automatically guarantee approval.
- Keep your member records, receipts, and contact details up to date.
- Ask the SACCO office about current programs, policies, and available support.
Savings do not automatically guarantee asset financing approval; all credit and asset financing inquiries follow SACCO policies and approved procedures.
How to Inquire About Asset Financing
- 1
Join VICBOSA and become an active member.
- 2
Build a consistent savings and participation record.
- 3
Contact or visit the SACCO office to inquire about current programs.
- 4
Confirm current eligibility, guarantor, and policy requirements.
- 5
Submit the details requested for appraisal.
- 6
Await consideration through the SACCO’s approved process.
Partners & Dealers
Partner & Dealer Inquiries
VICBOSA works with motorcycle dealers, vendors, and asset financing partners to support members responsibly. Dealers and partners interested in supporting members through approved SACCO programs are welcome to get in touch.
Partnership opportunities are coordinated through official VICBOSA channels and are subject to SACCO policy and approval.
Interested in VICBOSA Asset Financing?
Join VICBOSA, build your savings record, and inquire at the SACCO office about current asset financing programs for riders and productive assets.
Visit or Contact VICBOSA
Visit the Office
Juakali site, Manyatta, Vihiga Sub-County, along Kisumu–Kakamega Highway
Google Maps reference: 3P7C+H33, A1, Kisumu
All financial services are subject to eligibility, SACCO policies, approval, and available funds.
