Kingsmead Junior School has received a major boost in its transport system following the acquisition of a brand-new school bus, courtesy of the “Kuza Elimu” financing initiative by MyCredit Limited. The new zero-mileage bus is expected to ease student transportation, improve safety, and enhance punctuality—ultimately contributing to a better learning experience for all.
Across Kenya, many students face daily challenges getting to school due to unreliable transport and long commutes. These issues not only affect attendance but also disrupt the overall learning process. MyCredit Limited, recognizing the critical role of safe and dependable school transport, partnered with Kingsmead Junior School to deliver a lasting solution.
“We are not just financing vehicles; we are ensuring that more students experience safe, structured, and reliable transport to and from school. With Kuza Elimu, we’re enabling schools to expand opportunities for students without financial strain, strengthening the very foundation of their educational experience,” said David Wangai, Executive Director at MyCredit Limited.
Affordable Financing, Big Impact
Through the Kuza Elimu product, schools can access up to Ksh. 10 million in funding to acquire buses, upgrade facilities, or improve infrastructure without heavy upfront costs. For Kingsmead Junior School, the financing plan, spread across 72 months, made the bus acquisition not only achievable but also sustainable.
A proper school transport reduces absenteeism, ensures students arrive on time, and offers a secure travel environment. A dedicated school bus also helps build a stronger school identity and increases student participation in extracurricular activities, educational trips, and sports events.
More than Just Transport
Kuza Elimu is designed as a comprehensive solution for educational institutions. In addition to school transport financing, it offers:
- Working Capital Loans: To support operational needs like salaries, food supplies, and essential running costs.
- Construction Financing: Funding for projects such as new classrooms, libraries, or laboratories, with repayment periods of up to 36 months.
- Green Finance for Sustainable Education: Supporting investments in solar energy, biogas systems, and rainwater harvesting to lower costs and promote environmental sustainability.
A Growing Education Support Network
Kingsmead Junior School is among a growing number of institutions benefiting from MyCredit Limited’s education-centered financing solutions. With over eight years in operation and a presence in more than 40 locations, MyCredit continues to play an important role in supporting schools across Kenya.
For more information about MyCredit Limited and the Kuza Elimu financing product, visit www.mycredit.co.ke, dial *322#, or call +254 111 054 490.