[kictanet] Safaricom starts Sh20 a day loan for buying smartphones

[David Indeje]

Dear Listers,

Safaricom from Tuesday will start selling smartphones on credit to its
subscribers who will make daily payments of as little as Sh20 a day for up
to a year dubbed Lipa Mdogo Mdogo.

This is a novel idea from the telco in ensuring the 'access gap is closed"
The CEO Peter Ndegwa says it will enable users to access 4G.
https://bit.ly/2EnOOew

As this unfolds, the issue of:

   1. affordability
   2. right infrastructure - power
   3. What are competitors doing?

Will still need to be addressed going forward.

*Kind Regards,*

*David Indeje *
 +254 (0) 711 385 945 |  +254 (0) 734 024 856
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