Category: Device Financing

Home Kenya is on the brink of a Digital Revolution with smartphones becoming a catalyst for growth. Registering an impressive growth YOY, mobile connections in Kenya reached 66.04 million in early 2024 as stated by GSMA. —Despite high penetration rates, smartphone affordability remains a challenge, especially for lower-income Kenyans. Even entry-level smartphones often cost over…

Home As we rely on smartphones in our daily routines, the growing demand for them has made smartphone financing more popular specifically in the “new to credit” and thin-file segments. Ensuring secure and smooth cellphone financing, requires the financier to have a robust risk management strategy and technology to back that strategy. These technology platforms…

Home In today’s rapidly evolving business environment, dealing with uncertainties is a part of the game. Whether you’re making crucial decisions, embarking on new projects, or investing in innovative ventures, the risk is always present. However, the key to achieving success lies in effective risk mitigation, especially in the realm of cell phone financing. As…

Home Overview In the ever-evolving landscape of telecommunication, emerging markets present both immense opportunities and unique challenges, especially when it comes to device financing. A report states that “Billions of people globally still can’t afford smartphones,” underscoring the significance of this issue. However, financing options are increasingly making smartphones and other digital devices affordable to…

Home Financial Inclusion: The Challenges Ahead Financial exclusion has long been a hindrance for many to access essential credit services. Some of the primary challenges faced by the financially underserved are: Limited banking infrastructure Absence of complete documentation Gaps in financial literacy Technological and digital divides Infrastructure and connectivity barriers Gender disparities Deep-rooted cultural factors…