DSP (Lease to Own) Program
The DSP (lease-to-own) program is designed to empower reliable delivery service partners (DSPs) with access to new or pre-approved vehicles through a structured, performance-based financing model. Movam’s goal is to enable ownership while ensuring consistent service delivery across our logistics value chain.
- CAC registration or valid government ID (individual or business)
- Minimum of 3–6 months experience in delivery services
- Bank statement (3–6 months) + BVN
- Two Guarantors
- from 10% down payment and insurance compliance
- Independent delivery operators or small fleet owners
- Proven track record in last-mile delivery
- Ability to commit to minimum monthly service targets
How To Join
- Fill out the application by clicking on the signup button above.
- Submit supporting documents (ID, bank statements, proof of work)
Frequently Asked Questions
Who guarantees that I’ll get business to repay for the vehicle?
Movam is committed to supporting our DSP (Delivery Service Partners) by providing business opportunities. These opportunities are designed to help you generate income both to meet your repayment obligations and earn sustainable profits.
Can I repay my loan before the end of the tenure? Will my interest be prorated?
Yes, early repayment is allowed and encouraged. Details regarding interest adjustments or proration will be clearly outlined in your contract agreement. Please refer to the agreement for full terms.
Are vehicles insured?
Yes, all vehicles provided under the DSP (lease to own) Program are fully insured.
Can I bring my own mechanic for the vehicle inspection?
Absolutely. We welcome you to bring your mechanic or technician when inspecting the vehicle before finalizing your lease agreement.
What are the requirements to qualify for the program?
To be eligible for the Lease-to-Own program, you’ll need:
- A valid Business Registration Certificate (for business applicants)
- A Valid National Identification Card
- Recent Bank Statements
- A minimum of 3–6 months of experience in delivery or logistics services.
Additional documentation may be required to confirm your eligibility.
For full details, please contact [email protected].
Can I cancel the agreement at any time?
Yes, you may cancel the contract by returning the vehicle. However, please note that any down payments or installments already made toward vehicle ownership will be forfeited and are non-refundable.
What types of vehicles are available?
Movam currently offers a range of vehicles suitable for logistics operations, including:
- Tricycles
- Mini-trucks
- Vans (1–3.5 Ton capacity)