The motorcycle taxi industry is huge in Kenya. There are 1.4 million motorcycle taxi riders in Kenya that enable 22 million rides per day. The average daily earnings for riders are around 700 shillings ($6.60). Collectively, Boda Boda operators collect Sh980 million ($9.2 million) every single day.
How many motorcycles are there in Kenya?
How many motorbikes are there in Kenya? In 2007, an estimated 100,000 motorbikes were registered. In September 2016, the number reached over 700,000 and the number is still growing. Probably 450,000 of the motor-bikes are used as motorbike taxis.
How much does a boda boda make a day in Kenya?
On an average day, Rama will make 1,000-1,200 KSH in revenue from short rides within town, and the odd longer trip up or down the coast.
Which is the best motorcycle for Bodaboda in Kenya?
Among the best motorcycle brands in Kenya suitable for a boda boda business include:
How much does a boda boda cost in Kenya?
Summary. A boda boda costs between Sh58,000 and Sh150,000. Because of their affordability, many youth across cities, towns and rural areas continue to acquire them.
How much does a motorbike earn per day in Kenya?
According to the Motorcycle Assemblers association of Kenya (MAAK), there are currently over 600,000 Boda Boda bikes on Kenyan roads that make an approximate amount of Sh. 1000 per day. This means that in a day, Boda Boda business riders take home Sh.
How do I start a boda boda in Kenya?
How to Start a Profitable Bodaboda Business in Kenya
- Identify a Business Niche. The boda boda business comprises of motorcycles and tuk-tuks. …
- Draft a Business Plan. …
- Raise Startup Capital. …
- Get the Best Motorcycle Dealer. …
- Get the Necessary Licenses. …
- Get Insurance. …
- Select a Suitable Business Location. …
- Motorcycle Fleet Business in Kenya.
How much does a tuk tuk driver make in Kenya?
The average income in 12 hours for one tuk tuk is Ksh 1,000-1,200 for owner and Ksh. 500-800 for hired driver.
How much does a boda boda make a day in Uganda?
The boda boda business is all about hunting. Lucky riders that find passengers who pay more than they should can earn up to Shs100,000 per day.” On average, drivers spend at least Shs8,000 per day on fuel and Shs50,000 per month maintaining their bikes.
When did boda boda start in Kenya?
The motorcycle Boda Boda, more robust and with a better ability to go longer distances and climb up hill compared to the bicycle, first appeared on the market in 1992, and had a rapid growth due to the Government easing on the restrictions on import of vehicles more than 5 years old (Howe 2003).
Which is the best business to start in Kenya?
Best Business to Start in Kenya 2019.
- Bakery stores.
- Fruit vending.
- Brick Making.
- Professional cleaning services.
How much does a boda boda make a day?
Start earning Ksh.
300 per bike per day, you’ll need 334 riders to earn Ksh. 100,000.
How much do motorbikes cost?
A new motorcycle can cost anywhere from $4,000 to $6,000 for an entry-level model to $30,000 and up for very high-end bikes. Most motorcycles are priced somewhere in between. For the majority of styles, you’ll find a lot of awesome models clustered in the $6,000 to $15,000 range.
How do I get a boda boda loan?
How to get a boda boda loan from MOGO?
- Select a motorbike. Choose a motorcycle make – Bajaj Boxer 100cc or TVS Star HLX 125.
- Visit one of our boda branches. Visit our boda boda branch for documents verification. …
- Sign a contract to get a loan. …
- Ride your new boda!
How much is TVS motorbike Kenya?
List of Prices of TVS Motorcycles in Kenya
|2.||TVS Apache RTR 160 4V||Ksh 159,191 – Ksh 180,000|
|3.||TVS Apache RTR 200 4V||Ksh 125,000- Ksh 220,000|
|4.||TVS Apache RTR 180||Ksh 150,000 – Ksh 160,707|
|5.||TVS NTORQ 125||Ksh 104,436 – Ksh 118,051|
How much is a boxer motorcycle in Kenya?