Global Smartphone brand vivo has today entered into a partnership with Lipa Later, a credit offering company to allow customers to purchase vivo devices by installments as it aims to increase penetration of its devices in the country.
The move aims to let clients who don’t have enough capital to get devices and pay on affordable monthly installments with an interest rate of 4 per cent. Through this partnership, vivo’s current and prospective customers are now able to access all products without the worry of immediate payment.
According to Mr. James Irungu, vivo Kenya Brand and communications manager, the new partnership will have a great impact on vivo devices.
“This partnership will help vivo customers acquire devices upfront and pay on flexible installment plans. This will also accelerate smartphone mobile penetration into the country as Kenya is a strategic conduit in the Eastern African market.’’ At the same time, Lipa later CEO, Eric Muli said: “We believe this partnership will give an opportunity to customers who would like to own a good smartphone and cannot pay
upfront, but through installments. At Lipa later we guarantee full payment of your device as we give you an opportunity to pay without a hustle.”
With the financial plan in place, customers can instantly sign up on Lipa Later through provided link, website or app and get their devices once approved, and payback comfortably and affordably.