Gloria Ssuuna Namutebi, the Senior Manager, Vehicle & Asset Finance at dfcu Bank
In a major boost to Uganda’s vehicle financing landscape, dfcu Bank has teamed up with World Navi Company Limited, a trusted Japanese motor vehicle dealership, to launch a new Vehicle and Asset Financing solution. Officially announced on May 15, 2025, the partnership aims to simplify car ownership through flexible, affordable, and full-financing options. This is a timely intervention for individuals and businesses navigating rising mobility costs.
This move builds on dfcu Bank’s longstanding history in leasing and asset finance, a space where the bank has been active for over two decades, supporting clients across various sectors to access equipment, machinery, and transport solutions without the upfront capital strain. The solution adds to dfcu’s legacy of enabling financial inclusion and asset acquisition for SMEs and individuals alike.
Whether you’re a civil servant looking to buy your first car, an SME owner in need of transport, or a corporate expanding your fleet, this financing package offers an all-in-one value proposition; 100% financing for up to five years, competitive interest rates, insurance at 2.8%, and a 3-month mechanical warranty.
We spoke to Gloria Ssuuna Namutebi, the Senior Manager, Vehicle & Asset Finance at dfcu Bank, for a deeper dive into the offer and what it means for the future of vehicle financing in Uganda.
Q&A with Gloria Ssuuna Namutebi, the Senior Manager, Vehicle & Asset Finance at dfcu Bank
Q: What is the partnership between dfcu Bank and World Navi all about?
Gloria: This is a strategic alliance designed to unlock access to quality imported vehicles through a comprehensive financing package. dfcu Bank will provide the financing, while World Navi ensures high-standard vehicle sourcing from Japan. It’s about bridging the affordability gap for car ownership in Uganda.
The official announcement was made on May 15, 2025, and the offer is now live.
Q: What are the standout features of this new vehicle financing solution?
Gloria: The package includes:
- 100% Financing: Available for up to five years with no deposit required.
- Competitive Interest Rates: Starting from 17%, depending on your customer segment.
- Mechanical Warranty: A 3-month warranty on the engine and transmission from World Navi.
- Affordable Insurance: Comprehensive cover offered at just 2.8%.
Q: Who qualifies for this offer?
Gloria: It’s open to both existing and new dfcu customers, including:
- Small and Medium Enterprises (SMEs)
- Corporate clients
- Civil servants
- Individual vehicle buyers
Q: How does this fit into dfcu Bank’s broader strategy?
Gloria: This partnership reflects our mission to Transform Lives and Businesses in Uganda. We’ve offered asset financing for years, including leasing and structured fleet finance for corporate clients. This offer expands our reach by making personal car ownership more attainable.
Q: Where and how can customers apply?
Gloria: Applications can be made at any dfcu Bank branch or directly through World Navi’s motor vehicle bond, where customers will receive guided support throughout the process.
Q: What’s next for dfcu in the asset finance space?
Gloria: We’re committed to expanding access to affordable asset ownership, whether it’s vehicles, machinery, or equipment, because we understand that mobility and productivity go hand in hand. Our goal is to be the go-to financial partner for all Vehicle and Asset financing needs in Uganda.
With this partnership, dfcu Bank continues its tradition of enabling Ugandans to achieve more through smart, flexible financing solutions.
