CFAO Mobility Kenya, a leading automotive solutions provider, has joined forces with Equity Bank Kenya to launch a strategic asset financing initiative aimed at transforming school transport. The partnership will provide schools and institutions with up to 105% financing to acquire select vehicles from CFAO’s portfolio, including insurance and related costs.

In its first phase, the program focuses on educational transport, enabling schools to purchase the Toyota Hiace Van, Mercedes Benz Bus 917, and Hino FC 500 buses. These vehicles are chosen for their proven safety, durability, passenger comfort, and efficiency.

Schools will access long-term financing of up to 84 months with structured termly repayment plans aligned to academic calendars, easing cash flow management. Additionally, CFAO Mobility will offer after-sales support and training packages to ensure proper vehicle usage and maintenance.

Speaking on the initiative, Joshua Anya, Deputy Managing Director of CFAO Mobility Kenya, said,
“We are bringing world-class mobility solutions and unmatched after-sales support to ensure vehicles are safe, durable, and education-ready. This partnership will empower schools to provide dependable transport services, fostering improved enrolment and enriched learning experiences.”

Equity Bank Commercial Director, David Bagenda, highlighted the bank’s commitment to supporting schools:
“This partnership goes beyond financing; it’s about enabling access to education through dignified and dependable mobility. By easing the financial burden, we are helping schools invest in safer, more efficient transport solutions that positively impact student performance and operations.”

This initiative addresses growing concerns over school transport safety and reliability, eliminating upfront costs and enabling schools to focus on delivering quality education while ensuring safe and efficient learner mobility.