Leading online auto marketplace Cheki Kenya has begun a 100% auto financing service in partnership with major banks in the country to help ease the financial burden of acquiring cars in Kenya.
The 100% car loan service under Cheki finance provides buyers with quick loans for the purchase of locally and imported used vehicles and brand new cars listed on the site.
Averagely, 8000 listings appear on the site monthly with a traffic of 1 million monthly visits.
This development is in line with the Cheki’s vision not just to be the destination site for the purchase and sales of automobiles, but also to be an all round solution provider across the entire automobile value chain in the country.
In addition to the car financing service, Cheki will provide comprehensive auto insurance with a fast and friendly claims processes for purchased vehicles.
Launched in 2010, Cheki Kenya is a division of Ringier One Africa Media which operates and invests in leading marketplace websites in several East and West African countries.