In Summary
- Bungei said that this can best be done by having boda boda operators form associations that will monitor happenings with their areas of operation
- He directed that all riders should be licensed to improve industry standards
Watu Credit LTD has signed a Memorandum of Understanding (MOU) with representatives of the boda boda sector leadership in Kenya towards formation of a new partnership that will ensure joint participation in enhancing the livelihoods of riders and improving ethics in the sector.
Nairobi Regional Police Commander Adamson Bungei during the signing of the MOU urged boda boda operators to exude utmost road discipline and root out criminal elements within their midst.
Bungei said that this can best be done by having boda boda operators form associations that will monitor happenings with their areas of operation.
Head of Traffic at Nairobi Metropolitan Service, Boniface Otieno, encouraged boda boda riders to adhere to safety procedures while conducting business.
He directed that all riders should be licensed to improve industry standards.
Mr Massawe added that: “We are keen on improving the quality of the sector by building awareness on the need for road service licences for all riders. Watu Shule offers affordable training that is built on testing and licensing. At Watu Shule, we train riders on road use for a fee as low as 300 shillings a week. Working closely with NTSA, we ensure that the curriculum aligns with the country’s safety guidelines.”
Watu promotes financial inclusion and economic empowerment for entrepreneurs by availing easy access to financing without collateral or bank statements, closing a gap due to conditions required in mainstream financing.
The company also provides its customers with access to comprehensive insurance coverage, GPS tracking for asset security, and special repair and recovery programs.
The company has so far provided over 750,000 loans across seven countries and has positively impacted over 4 million people.
However 160 boda boda riders who attended the conference benefited from free helmets, riding suits, and reflectors from Watu.
At the event various stakeholders in the sector recommended streamlining of the boda boda sector through the formation of associations that will enhance self regulation, promote licensing, and the uptake of electric motorbikes for cleaner and more affordable transportation.
Other than leaders from the boda boda sector in Kenya, the event was attended by representatives from the National Transport and Safety Authority (NTSA), Traffic Police Department, Motorcycle Dealers and the BodaBoda Association of Kenya, among other stakeholders.
