Dfcu, World Navi roll out affordable vehicle financing partnership
The new offering provides tailored financing packages across dfcu’s entire customer base, including corporate & investment banking (CIB), commercial, enterprise, and personal banking segments.
Dfcu and World Navi representatives during the launch. (Courtesy)
Simon Okitela
Journalist @New Vision
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Dfcu bank has announced a strategic partnership with World Navi Company Limited, a renowned Japan-based motor vehicle dealership, to offer affordable vehicle and asset financing solutions for Ugandans looking to import vehicles.
The new offering provides tailored financing packages across dfcu’s entire customer base, including corporate & investment banking (CIB), commercial, enterprise, and personal banking segments.
Speaking at the launch held at the dfcu head office last week, Yoshifumi Sawada, president of World Navi, emphasised the company’s commitment to quality and integrity throughout the importation process.
“We understand the frustrations Ugandans face when buying cars online; vehicles arriving damaged or not matching expectations. With World Navi, we promise transparency and reliability. Each vehicle undergoes a rigorous diagnostic inspection in Japan to ensure mechanical integrity, so our customers can drive off with confidence and satisfaction,” Sawada said.
Gloria Ssuuna Namutebi, senior manager of vehicle & asset finance at dfcu, reaffirmed the bank’s commitment to being a market leader in asset financing through impactful partnerships.
“Our role is to facilitate the acquisition of valuable assets, especially vehicles, across all client categories. With World Navi, we are offering tailored solutions, including direct vehicle loans and leasing options. Our product suite addresses both individual and commercial needs with flexible terms that reflect Uganda’s economic realities,” she explained.
Mathias Jumba, head of integrated channels at dfcu, echoed the bank’s mission of promoting financial inclusion and development.
“Vehicle ownership should not be a privilege, but a possibility for every Ugandan. Whether you’re an entrepreneur, a professional, or a growing family, this solution was designed with you in mind. We’re offering full financing with competitive interest rates starting at just 17% per annum,” Jumba stated.