It has become now very easy to own a smartphone via Mkopa's asset finance facility dubbed M-kopa phones on loan.
The facility enables a customer to get a smartphone device (asset) on credit terms which involves paying an initial deposit amount and daily installments till the agreed device price is exhausted.
M-Kopa Phones on loan are available to customers to use from day one on successful application approval.
The devices in store includes big brand names for example Samsung,Tecno, Huawei and Nokia which a majority of the customers love.
M-Kopa Phones on Loan
As earlier said the mobile phone brands are big names with Nokia and Samsung being the top tier.
When you walk in to get a Device loan , you'll be asked to choose from the available pieces according to your ability to pay.
Right now, the M-kopa phones available include ;
- Samsung A03 core
- Samsung A10s
- Samsung A21s
- Nokia 2.4
How do I get an M-Kopa Phone on loan
To get your smartphone today, just visit any nearest M-kopa branch, agent or get help from an M-Kopa field officer.
The application process is simple and straightforward. You'll provide your National ID Card and the Deposit Amount.
In order to be connected to the system, you must have a safaricom M-Pesa enabled number. This will be used to make the daily installments payments.
The good thing is that anyone can apply even if blacklisted on CRB .
How Much is the Deposit and Installment for Phone on Loan
The amount (both deposit and daily instalments) depends on the type of phone selected. An expensive phone will have a higher deposit and installment amount while an affordable smartphone gadget will involve a small deposit and instalments amounts.
On average, mkopa phones daily instalment is around sh 60.
Installment pay can also be done weekly or monthly depending on which is suitable to the customer.
M-Kopa Phones on loan Alternatives
Similar to M-kopa phones on loan service providers in Kenya include;
Disadvantages of M-Kopa Phones on loan
- They're overpriced
- Can't use upon failure to pay instalments
Other M-kopa Loans
The solar company has other financial products and these include ;
- SolaPesa loans
- Mkopa cash loans
- HospiCash
M-Kopa Contacts
To get help you can use Mkopa Contacts below;
0707 333 222
info@m-kopa.com
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i need a phone on loan
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