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

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