Page 28 - KPSA EXCELLENCE MARCH -MAY ONLINE

New Post-Covid Recovery
Deal Tailored For

School Transport

The Kenya Private Schools
Association in partnership
with Kenya’s leading
commercial vehicle assembler
Isuzu East Africa and Kenya’s
leading asset financier NCBA Bank
have unveiled a vehicle purchase
and leasing program that will give
schools access to buses at favorable
and flexible terms in a plan crafted
to support post Covid-19 economic
recovery efforts.

In collaboration with KPSA, Isuzu L-R. Wanjohi Kangangi, Sales and Marketing Director, Isuzu
and NCBA consulted 822 schools on East Africa; Lennox Mugambi, Group Director, Asset Finance and
a suitable solution to the challenges Business Solutions, NCBA and Mutheu Kasanga, National Chair,
they were facing. The result was
a tailored solution to meet their Kenya Private Schools Association (KPSA).
current transport demands.
a repayment period of up to 6 schools acquire new buses to meet
The program offers schools a years, freeing up capital for other their transport needs,” she said.
one term repayment holiday and operations. The deal also includes With definite monthly or termly
an option for long term leasing of lease rentals, schools can accurately
School buses are the safest buses for between two to five years allocate funds to other pressing
way to move school children. significantly allowing schools to get demands with the assurance
brand new Isuzu buses maintained of a well-maintained fleet for
This program provides a by Isuzu without any upfront cash transporting learners to and from
versatile payment solution outlay. school.
that will enable schools
acquire new buses to meet Speaking at the signing and Commenting on the ground-
unveiling ceremony, the National breaking initiative, Isuzu East
their transport needs. Chair of the KPSA, Mutheu Africa Sales & Marketing Director
Kasanga, said that the asset Wanjohi Kangangi said that schools
finance program was a welcome remain a big part of the company’s
Mutheu Kasanga, National development coming soon after customer base. “Over the years we
Chair, Kenya Private the re-opening of schools. “School have been the preferred supplier
Schools Association buses are the safest way to move of top-quality school buses in the
(KPSA). school children. country and have gained the trust
This program provides a versatile and confidence of thousands of
payment solution that will enable learning institutions which have
grown with us,” he said.

28 KPSA Excellence March - May 2021