Thanks to a new, zero-mileage school bus secured through MyCredit Limited’s innovative Kuza Elimu financing, students at Kingsmead Junior School will now travel safely, reliably, and with renewed enthusiasm for learning.
For many students across Kenya, the daily journey to school is a considerable challenge. Unreliable transportation, long commutes, and safety concerns often disrupt learning and affect school attendance. Access to safe, structured transportation is not merely a logistical convenience—it is an essential foundation for educational success.
Recognizing this need, MyCredit Limited, a leading licensed non-bank financial services provider, partnered with Kingsmead Junior School to facilitate the acquisition of a new school bus, ensuring that students arrive on time, ready to learn, and with peace of mind.
“We’re not just financing vehicles; we’re ensuring that more students have access to safe, reliable, and structured transport to and from school,” said David Wangai, Executive Director at MyCredit Limited. “With Kuza Elimu, we’re empowering schools to broaden opportunities for students without the burden of financial strain, strengthening the core of their educational experience.”
A Smart Investment in Educational Access
The Kuza Elimu financing product, which offers up to Ksh10 million in funding, enables schools to acquire buses, upgrade facilities, and modernize infrastructure without the need for large upfront costs. For Kingsmead Junior School, the newly acquired zero-mileage bus, under a 72-month financing plan, represents more than just a vehicle—it’s an investment in the school’s long-term future.
Beyond the Bus: A Comprehensive Solution for Schools
While a school bus is a crucial investment in student safety and accessibility, the Kuza Elimu financing package goes further by addressing the evolving needs of educational institutions:
- School Transport Financing (Repayment up to 6 years): Helping schools acquire zero-mileage buses without the burden of upfront costs.
- Working Capital Loans: Supporting day-to-day school operations, including salaries, food supplies, and essential expenses.
- Construction Financing (Repayment up to 36 months): Funding infrastructure projects such as new classrooms, libraries, and laboratories.
- Green Finance for Sustainable Education: Encouraging the adoption of solar energy, biogas systems, and rainwater harvesting to promote cost efficiency and environmental sustainability.
Expanding the Impact Beyond Kingsmead
As part of its commitment to supporting education in Kenya, MyCredit Limited has already helped several schools benefit from Kuza Elimu, securing transport solutions that directly enhance the student learning experience. With over eight years of operations and a presence in 40+ locations, MyCredit continues to provide tailored financial solutions that empower schools to build a stronger, more inclusive education system.
The partnership with Kingsmead Junior School is just one step in MyCredit’s broader commitment to ensuring that transportation is never a barrier to learning.
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