Drive Electric Group Sacco
We're Pioneering EV Adoption
About Us
Drive Electric Group Sacco is a pioneering financial cooperative committed to accelerating electric vehicle (EV) adoption and promoting sustainable mobility solutions. Established in 2024, the Sacco provides tailored financial products to support individuals, taxi drivers, businesses, and transport stake holders transitioning to EV ownership, infrastructure development, and clean energy investments.
Powering Kenya's Green Transport Revolution
As the first-of-its-kind EV Sacco in Kenya, we empower our members with access to affordable credit, savings, and investment opportunities that drive the future of sustainable transportation.
- Established: 2024
- Website: www.driveelectricgroup.com
- Phone: 0102008221
- Location: Nairobi, Kenya
- Members: 200+
- Focus: EV Financing & Sustainability
- Email: info@driveelectricgroup.com
- Join Us: Available
Our Sacco operates as a member-owned cooperative, ensuring every member has a stake in our success. We are committed to innovation, embracing new technologies for a cleaner future, and financial inclusion by making EV ownership affordable.
Members Including individuals, fleet operators, and SMEs
Raised In contributions and shares
Loan Portfolio Significant amount disbursed for EV purchases
Projects In EV infrastructure and clean energy
Core Values
Our guiding principles that drive our commitment to sustainability and member success
Committed to environmental conservation and reducing carbon footprints.
Embracing new technologies for a cleaner future.
Making EV ownership and infrastructure development affordable for all.
Upholding transparency, accountability, and ethical business practices.
Prioritizing the needs of our members with tailored financial solutions.
Governance & Performance
Our member-owned structure and current achievements
Ownership & Governance
Member-Owned Cooperative
Drive Electric Group Sacco operates as a member-owned cooperative, ensuring that every member has a stake in the Sacco's success. The governance structure includes:
- Annual General Meeting (AGM): Members participate in key decision-making.
- Board of Directors (BOD): Elected to oversee strategic direction and policy implementation.
- Supervisory Committee: Ensures financial accountability and regulatory compliance.
- Management Team: Professional team responsible for daily operations and service delivery.
Corporate Social Responsibility
Promoting Sustainability
Drive Electric Group Sacco is committed to promoting sustainability and green innovation through:
- Community EV Awareness Campaigns: Educating the public on electric mobility benefits.
- Tree Planting & Environmental Conservation: Offsetting carbon footprints through reforestation.
- Women & Youth Empowerment: Providing financial solutions for young entrepreneurs in the EV sector.
Current Performance
Key Highlights
Drive Electric Group Sacco has made significant strides in facilitating EV adoption in Kenya.
- Total Membership: 200 members, including individuals, fleet operators, and SMEs.
- Total Assets: The Sacco is progressively building on asset, showing a steady growth and investment strength.
- Loan Portfolio: The Sacco boasts of a significant amount disbursed to support EV purchases, battery swaps, and charging stations.
- Savings & Deposits: The Sacco has a significant amount mobilized from members.
- Investment in EV Infrastructure: Supporting charging station rollouts and clean energy projects.
Future Outlook
Drive Electric Group Sacco is committed to shaping the future of e-mobility in Kenya by:
- Expanding financing options for electric vehicles, motorcycles, and charging stations.
- Strengthening partnerships with EV manufacturers, ride-hailing platforms, and energy providers.
- Launching specialized loans for solar-powered charging systems.
- Enhancing digital financial services for seamless member transactions.
- Increasing awareness and training programs on EV ownership benefits.
Key Projects & Initiatives
Our ongoing and planned projects in sustainable transport and green innovation
- All
- EV Financing
- Green Energy
- Infrastructure
- CSR
Products & Services
Our range of EV-focused financial products and green energy solutions
EV Ownership Loan
Affordable financing for electric cars, motorcycles, and three-wheelers.
Battery Swap & Charging Infrastructure Loan
Funding for battery swapping stations, charging stations, and home charging setups.
EV Fleet Financing
Tailored solutions for businesses transitioning to electric mobility.
Sustainable Investment Account
Savings for EV upgrades and clean energy projects.
Fixed Deposit for Green Energy
High-interest savings targeting solar and EV investments.
EV Leasing & Rental Financing
Supporting ride-hailing drivers and delivery businesses.
Partnership-Based Investments
Co-financing opportunities in charging stations and solar integration.
Digital Banking & Mobile Apps
Enabling members to access loans, savings, and payments easily.
Automated Loan Processing
Fast approval of EV financing solutions.
Partnership-Driven Financing
Collaborating with EV dealers, leasing companies, and renewable energy providers.
Financial Literacy & Advisory
Helping members make informed decisions on EV investments.
Sustainability-Centered Products
Aligning all financial offerings with green energy goals.
Testimonials
What our members say about Drive Electric Group Sacco
Switching to EV with Drive Electric Sacco has cut my fuel costs by 60%. The loan process was seamless!
John Doe
Taxi Driver
As a fleet operator, the EV financing options have helped me go green and save money. Great support from the team.
Jane Smith
Fleet Owner
The Greenification Initiative inspired me to join. Now I'm investing in solar charging - sustainable and profitable!
Mike Johnson
SME Owner
Drive Electric Sacco made EV ownership accessible for my business. Excellent service and ethical practices.
Sarah Lee
Entrepreneur
The youth empowerment programs have helped me start my EV-related venture. Thank you for the support!
Alex Kimani
Young Entrepreneur
Greenification Initiative
Our commitment to sustainable projects that benefit members and the environment
E-Pure 7KW EV Charger
Affordable charging solutions supporting Kenya’s shift to electric mobility.
Solar-Powered Ventures
Harnessing the sun for energy security and cost savings.
EV Vehicle Acquisition Strategy
Exploring investment in clean transport options for members.
Tree-Planting & Community Clean-ups
Practical, on-the-ground projects to green our neighborhoods.
Organic Farming Integration
Leasing land for fruits export and organic vegetables.
Vegetarian Franchise
Value addition to vegetables with inclusive employment.
Contact
Get in touch to learn more or become a member
Address
Purple Tower
Near Stadium, Mombasa Road, Shimo la Tewa Rd, Nairobi