Uber and leading vehicle and asset finance provider, WesBank, have joined forces in order to allow Uber driver-partners the ability to start their own passenger transport business through the launch of a multimillion-rand vehicle solutions programme.
This will give them the best possible chance to start and grow their business in partnership with Uber. This forms part of Uber’s ongoing commitment to enable 15 000 new work opportunities in South Africa by the end of 2017. The technology company has already enabled 2 000 work opportunities since its local launch in August 2013.
The programme is valued at more than R200 million. It was developed by WesBank and Uber in collaboration with FirstRand’s Enterprise Development Fund, Vumela, which has pledged R20 million for the first 1 000 vehicles. Rather than basing access on credit ratings, drivers will be considered for the programme based on their earnings and quality record with Uber.
This unique opportunity is not limited to existing driver-partners or those with a record of income with Uber. Several rental companies have launched short-term rental offerings for prospective drivers wanting to operate on the Uber platform. Drivers can rent approved vehicles from Hertz, Europcar, Pace and Fleet Data Technologies until they have built the earnings record needed to qualify for the full maintenance lease, facilitated by WesBank.
The goal is to enable 15 000 new work opportunities for driver partners across South Africa in the next two years. According to Alon Lits, Regional General Manager for Uber in Sub-Saharan Africa, this vehicle solutions programme has the potential to change the lives of many Uber driver-partners.
To request a ride via Uber, users must download the free application for Android, iPhone, Blackberry 7, Windows phone or register for Uber here . For questions, visit the Joburg or Durban sites.
Image Source: Motorpress