Funa looni yo leero!​
Get started with a loan for your motorbike with down payments starting as low as UGX 800,000.
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Get a boda boda loan in Uganda within 2 hours!

Securing your loan is as easy as 1 2 3…

Step 1

Visit one of our many branches near you.

Step 2

Our team will guide you to select a suitable asset.

Step 3

Select your preferred repayment plan and sign the agreement.

Step 4

Ride away with your newly acquired asset in 2 hours! Get Started

Why choose Watu

Customer focus

We are always available on various platforms to take care of all your customer needs.

Fast turn-around

Our operations are automated and aim to get your asset processed within 2 hours.

We are transparent

No hidden fees; what you see is what you get!

Begin your boda boda business with a loan from Watu!

Watu is one of Uganda’s leading asset financing companies, providing boda boda loans to thousands of aspiring business owners every day!

Ready to kickstart your journey?

With a minimum down payment of UGX 800,000, you can become a boda boda owner within 2 hours! We offer flexible payment terms of up to 24 months. The loan also includes free GPS tracking services. Choose any boda boda model from Bajaj, Simba, TVS, GOGO, Hero, Haojue and Honda from one of our branches, and begin earning immediately!

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Checklist

To qualify for a two-wheeler loan, you need to have:
  • Original National ID
  • A minimum down payment of UGX 800,000
  • Two guarantors with National IDs (no guarantor required for EV bikes)
  • Mobile money account with MTN/Airtel

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What people say

So far I have 2 bikes from Watu. With the income I get, I have managed to take care of my family, pay school fees for my children and to build a house.
Smith Kakonya
Smith KakonyaKampala, Uganda
I have four bikes with Watu and I'm planning to come for a fifth one soon! I want to be a rich man owning big assets. For now, I bought a plot of land and also a car!
Wangote Richard
Wangote RichardJinja, Uganda
Watu has been good to me since the first day up to date. I have been able to pay school fees for my children, bought a piece of land in the village and also put up some business for my wife.
Kakaire Nathan
Kakaire NathanMafubira, Uganda

Frequently Asked Questions

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Q. How can I get a loan from Watu in Uganda?

You can visit our branches or call us on 0800 202 777.

Q. What are the requirements for me to get financing from Watu in Uganda?

UGX 800,000 minimum downpayment, National ID, 2 Guarantors with National IDs (no guarantors are required for EV loans), mobile money account with MTN or Airtel.

Q. How long does it take for me to get my asset once I complete the loan application?

Once you have all the requirements, it will take approximately two hours to get your motorcycle.

Q. How can I make weekly payments to Watu for my asset?

To pay Watu via mobile money on MTN or Airtel, you dial *217*777# and enter your license plate number as the reference. No cash payments are accepted.

Q. What are the weekly payments?

Weekly payments are subject to the bike model, down payment and loan duration. When you visit our branch, your personalized payment schedule will be generated by our onboarding officers.

Q. Will I get weekly reminders about payments?

Yes, you will receive SMS reminders about your weekly payments. Please note that reminders will be sent to your primary mobile number.

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