Speedy Tuk Tuk

Asset Financing in Madagascar
Madagascar

Providing Financing to Empower Drivers

Speedy Tuk Tuk provides asset financing for commercial vehicles in emerging markets.  Speedy’s core product is a lease-to-own financing structure offered directly to tuk tuk drivers. Already, Speedy is the largest (and only) lease-to-own provider for tuk tuks in Madagascar. Speedy is on track to help thousands of drivers own their own tuk tuks. After drivers own their tuk tuk, their income effectively quadruples.

Impact Through Investing in the Individual

Speedy strives to make an impact on individuals in the lowest income brackets through our lease-to-own program

Aligning Incentives Towards Empowerment

Drivers are used to driving for wealthy tuk tuk owners. Through Speedy, driver’s work ethic is positively reinforced as they build equity in a cash-generating asset.

4x Income

Driver’s pay over 75% of their daily net-income to rent their tuk tuks, after owning through Speedy, they can effectively quadruple their income.

The Speedy Tuk Tuk Difference

Here at Speedy, we love our team!

Impact Investing Is About People

Our local team of Malagasy embodies the passion, diligence, vibrancy, and desire for social good in their communities that we strive to spread throughout the world. As we invest in supporting our local team through training, education, and hands-on experience, we see great dividends paid out in social change for the communities in which we operate. Speedy is owned in part by local partners.

Want to get involved?

Love what we’re doing? Think you can help? Here are a few ways you can get involved.

DONATE

Each day our drivers are striving towards ownership. For every driver we are able to finance there are many more waiting for an opportunity to get into their own tuk tuk. Donating to Speedy Tuk Tuk shortens the time it takes for drivers to become owners and allows us to accommodate the demand for new drivers. Donating to Speedy is easy and you will join our extensive network of supporters. In gratitude for your donation, we will send you a picture and story, as well as regular updates, of the driver you helped to support! To donate online simple click the button below. Donations are also accepted in other forms, simply email info@speedytuktuk.com and we will send instructions on other forms of donations.

APPLY YOUR SKILLS

We are always looking for passionate people to join in the effort. If you are excited by impact investment, social business, or international business, we would love to apply your skills to help move our vision forward. We have positions for any interested volunteer/intern in the USA or in Madagascar. Contact us at  jared@maakimpact.com if you are interested in joining our team or helping support Speedy with your skills.

 
Donations & Financial Support

Where Your Money Goes

Charity law within the UK varies among England and Wales, Scotland and Northern Ireland, but the fundamental principles are the same. Most organizations that are charities.

Charity law within the UK varies among England and Wales, Scotland and Northern Ireland, but the fundamental principles are the same. Most organizations that are charities.

Our Partners

Without our amazing partners, we would not be able to help have the level of impact that we have so far in Madagascar. If you want to partner with Speedy Tuk Tuk or Maak Impact email jared@maakimpact.com for information on how to become a partner and support Speedy Tuk Tuk and the people of Madagascar.