Dfcu Bank, in partnership with World Navi Company Limited a reputable Japan-based motor vehicle dealership has launched a transformative vehicle and asset financing solution aimed at redefining car ownership in Uganda.
The initiative, unveiled at dfcu’s Headquarters in Nakasero, seeks to provide Ugandans with affordable, accessible, and reliable financing options for importing high-quality vehicles directly from Japan.
The new solution is designed to serve a broad customer base, including Corporate & Investment Banking (CIB), Commercial, Enterprise, and Personal Banking clients.
It comes with tailored financing options that reflect the realities of Uganda’s economic landscape, offering flexible terms and value-added services to ensure peace of mind throughout the ownership journey.
Speaking at the launch, Mr. Yoshifumi Sawada, president of World Navi, underscored the company’s dedication to quality and customer trust in the importation process.
“Ugandans often face disappointment when buying vehicles online cars arrive damaged or not as described. World Navi is changing that by ensuring transparency and reliability. Each car is subjected to thorough diagnostic inspections in Japan before shipment, guaranteeing mechanical integrity and customer satisfaction,” he said.
Gloria Ssuuna Namutebi, Senior Manager – Vehicle & Asset Finance at dfcu Bank, highlighted how the partnership enhances the bank’s asset financing portfolio.
“We’re proud to facilitate asset acquisition for all our clients be it individuals, SMEs, or corporates. With this collaboration, we’re introducing a flexible range of financing options, including vehicle loans and leasing arrangements that suit personal and business needs,” she noted.
Mathias Jumba, Head of Integrated Channels at dfcu Bank, reinforced the bank’s vision of financial inclusion and economic empowerment.
“Vehicle ownership should not be a distant dream it should be achievable for every Ugandan. Whether you’re a young professional, business owner, or family provider, our solution is tailored to make that dream a reality. We’re offering up to 100% financing at competitive interest rates starting from just 17% per annum,” he explained.