A comprehensive guide on starting a profitable Boda Boda business in Kenya

04.01.2022

Boda Boda motorcycles, also known as Piki Piki, are one of the most popular & convenient ways to move around urban Kenya. Boda Boda is increasingly becoming a go-to choice for people who want to start their own businesses, be it delivery of goods, rental, or transportation services.

Today, we are sharing a comprehensive must-know information list that will help you to start Boda Boda business easily.

Draft a business plan
First things first, you need to purify your Boda Boda business vision. There are a few service-based business possibilities that we have mentioned above.

Depending on your budget, you can decide the one you wish to venture into. However, whatever business model you will choose, if you have a business plan, you will earn profit at some point.

Here are a few things that you should include in your Boda Boda business plan:

  • Niche to venture in
  • Initial company capital
  • Sources of initial capital — if you don’t have any capital, MOGO is a go-to financing company that will help you to power up your business
  • An area where your Boda Boda business will be operating in
  • Opportunities in the market and projected cash flows

Choose the right Boda Boda for you
There are a lot of motorcycle brands you can choose from. However, among the best motorcycle brands in Kenya suitable for a Boda Boda business are — Bajaj, TVS, Honda, Yamaha, Suzuki, Ranger, Lion.

According to the business type you decide to operate in, you should take a closer look and do a throughout research into the specific Boda Boda models.

Get insurance
A comprehensive insurance package is a must for every Boda Boda business owner. It covers the rider, passenger, motorcycle and third parties in case of an accident. If you start your business with MOGO Boda Boda financing, your Boda Boda will be automatically insured.

Ready to start earning?
Boda Boda business in Kenya is a broad sector with many opportunities. If you dream about starting the business on your own but don’t have enough capital — MOGO offers flexible Boda Boda financing solutions. Choose your preferred motorcycle and pay for it from as little as KES 300 per day!