List of Smartphone Loan Providers in Kenya

Are you seeking smartphone loan providers where you can get a lipa mdogo mdogo or a hire-purchase mobile phone in Kenya?

Gone are the days when one was required to dish out thousands of cash in order to obtain and use a smartphone. Nowadays it has become easy to possess a smartphone even without enough finances from companies such as M-kopa and D-light.

There are tens of smartphone loan lenders you can approach to pick a brand-new phone and pay as little as Ksh 20 per day for several months while still using it.

In our previous articles, we discussed how to get boda boda loans from various companies that offer the product. This post will provide you with a brief overview of the best smartphone loan providers in Kenya from which to pick.

List of Smartphone Loan Providers in Kenya

1. Safaricom Lipa Mdogo Mdogo

Through the Safaricom Lipa Mdogo Mdogo scheme, one can obtain a smartphone for manageable daily installment payment of kes 20 bob over a specified time period.

To use this service, phone *544#, then option 5 (Lipa Mdogo Mdogo), and then follow the prompts to register and determine whether you qualify.

2. Mogo Kenya Samsung Smartphones on loans

MOGO Kenya is a financial institution that provides affordable financing options for used cars, logbook loans, Boda Boda, and Tuk Tuk loans. Mogo Kenya is now giving quality phones on loan.

The phones available at Mogo Kenya include:

  • Samsung Galaxy A04
  • Samsung Galaxy A53
  • Samsung Galaxy A23
  • Samsung Galaxy A13

3. Aspira App

The Aspira app allows you to receive a new phone on the same day as Lipa Baadaye. Other things, such as laptops and other devices, are available through this app.

Read How to get Mwananchi Credit Boda Boda Loan

To begin, download the app, register, and check how much the app can offer you to purchase the phone of your choosing from the stores listed in the app.

4. Watu Simu

Watu Credit is one of the newest smartphone loan [providers in Kenya, having provided other forms of loans such as logbooks and boda boda loans. Watu recently introduced the Watu Simu Phones, where people can get phones and pay later.