E-mobility startup Roam has partnered with Fortune Credit, a digital lender and microfinance institution, to provide financing for electric motorcycles in Kenya.
According to Roam, the deal will allow riders, especially boda boda operators and small business owners, to get the newly launched Roam Air Gen 2 motorcycle by paying a deposit of Ksh25,000.
The payment will be followed by daily payments of Ksh527 for 24 months. Once paid off, riders will fully own the bike and its battery.
So far, 600 motorcycles have been lined up for the first phase of the financing program, making it one of the largest fleet financing deals in Kenya’s electric mobility sector.
Roam has explained that the deal targets individuals and small businesses, especially in the delivery sector, who have struggled to buy electric bikes due to high upfront costs.
“This partnership isn’t just about selling bikes, it’s about breaking the financial barriers that have locked out hardworking Kenyans. We are offering a clean, cost-saving transport option that’s built for Kenyan roads and riders,” said Habib Lukaya, Roam’s Regional Sales Operations Manager.
Also Read: Electric Vehicles in Africa: What is Needed to Grow the Sector
Details of the Ksh25,000 Roam Bikes for Boda Boda Riders
The Roam Air Gen 2 comes with major improvements, including dual batteries that offer up to 160 km of range, a stronger frame, improved waterproofing, safer battery locks, and better comfort.
Over one-third of the motorcycle’s components are locally manufactured, boosting local jobs and industries.
The full package also includes motorcycle insurance, a health cover (Hospicash), and access to Roam’s charging network, which features both home charging options and public Roam Hubs.
Janet Kuteli, Founder and CEO of Fortune Credit, said the repayment plan is designed to reflect the daily earnings of boda boda riders and small business owners.
“This partnership with Roam Electric and GreenMax Capital through their Green For Access first-loss facility reflects our commitment to empowering underserved riders and small businesses with clean, income-generating assets.”
“By offering affordable financing bundled with asset insurance, health insurance, and financial education, we’re not just enabling ownership—we’re building resilience,” said Kuteli.
Also Read: Meet Monicah Mwalo, Woman Behind Kenya’s Electric Motorbikes
The program is supported by a risk-sharing facility from Green for Access Fund (G4A), managed by GreenMax Capital Group.
This backing allows Fortune Credit to offer more affordable loans and reduce risks in lending to underserved communities.
David Ekabouma, Managing Director at GreenMax Capital Group, called the deal a game-changer.
“This is what inclusive green finance looks like, giving small-scale entrepreneurs the tools to participate in the clean energy transition,” he said.
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