Kibuli Senior Secondary School took full ownership of a bus from dfcu Leasing yesterday. The 69-seater bus is under the firmâ€™s â€˜Vehicle Leasing Schemeâ€™ for schools.
David Smith, the dfcu Group managing director, said dfcu is now putting more emphasis on social projects with a long-term economic benefit to the community.
Kibuli made six termly payments after paying a lumpsum. â€œNow the bus fully belongs to the school, as they no longer have any leasing liabilities with us,â€ Smith said.
Receiving the keys, Kibuli SSS board chairman, Moses Kiwe Sebunya, said the Isuzu MV118, cost them about $75,165 after taxes.
About 30 schools have benefited from the vehicle leasing scheme.
dfcu Leasing drives Kibuli SSS