Tugende
The challenge
Youth unemployment in Uganda fluctuates around 50%, causing severe poverty and a lack of opportunity among young adults and their families. Many young people work as motorcycle taxi drivers (boda bodas) but most boda drivers can‘t afford their own motorcycle and have to rent them at high costs. This significantly reduces their disposable monthly income.
The innovation
Tugende offers boda drivers the opportunity to rent their bike at an affordable rate and ultimately own their own boda, which has a huge impact on their bottom line. After the bike has been fully paid off within 12-18 months, their daily incomes double on average from 5 USD to 10 USD to provide school fees and health expenses for their families.
The impact
They have helped over 19,000 drivers so far, on average supporting a household of 5, this is over 95,000 lives improved. They also employ 180 staff.
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