Kenyan used car marketplace Peach Cars and Umba Microfinance Bank have partnered to offer a groundbreaking 24-hour car financing option.
This collaboration aims to make car ownership more accessible for Kenyans by streamlining the financing process.
Improving Access to Hassle-Free Financing
Through Umba Microfinance Bank, customers can now secure financing of up to 70% of the vehicle’s value, with processing times as rapid as 24 hours.
This innovative approach eliminates the traditional barriers to obtaining car financing, enabling buyers to drive away with their desired vehicle without unnecessary delays.
Simplified Process, Seamless Experience
The process of obtaining financing through Peach Cars and Umba Microfinance Bank is designed to be straightforward and user-friendly:
- Browse and Select: Customers can explore the extensive range of quality-tested used cars on the Peach Cars website and select the vehicle that best suits their preferences and needs.
- Document Submission: Upon choosing a car, customers submit their identification and other relevant documents through the Peach Cars platform.
- Fast Approval: Umba Microfinance Bank expedites the financing application process, aiming to provide approval within 24 hours. This rapid turnaround ensures that buyers can purchase without undue delays.
- Drive Away Hassle-Free: Upon approval, customers can confidently drive away in their newly acquired vehicle, knowing that Peach Cars and Umba Microfinance Bank have seamlessly facilitated the financing process.
Empowering Customers to Shift into Gear
This partnership goes beyond car sales. It’s about empowering Kenyans to achieve their car ownership goals. By providing accessible financing options, Peach Cars and Umba are putting the power in the hands of Nairobi’s drivers.
In a joint statement, Zach Petroni, Co-founder and COO of Peach Cars: “This partnership aligns perfectly with our vision of revolutionizing the car-buying experience. By offering accessible financing, we empower our customers to realize their dream of car ownership confidently.”
Tiernan Kennedy, CEO of Umba Microfinance Bank: “We are dedicated to providing fast and dependable financing solutions. Our partnership underscores this commitment by empowering Kenyans to achieve their financial goals swiftly and confidently.”
