A business’s success is pegged on its ability to quickly adjust to the needs, trends and budgets of your customers. With so many products and services fighting for an ever shrinking share of wallet, businesses have been thinking through innovative ways to drive their customers to purchase bigger ticket items and increasing frequency of purchase so as to increase their revenue.

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Credit uptake in Kenya has been on the rise primarily driven through mobile lending. Consumer financing has been in Kenya for many years and is mostly relatable to our parents and grandparents. It has made a strong come back with consumers not wanting to just window shop but rather own the item as they pay back for it which is in line with the current culture of living in the moment.
Offering consumer financing increases a customer’s average order by 15% with 93% of people who were first time users of consumer financing saying that they would use it again. The size of your business doesn’t matter — consumer financing offers you a solution to convert more of your customers from being potential to current customers.
Lipa Later is a payment option for consumers that allows business owners to sell their products and services in affordable monthly installments. The first time your customer chooses to pay with Lipa Later, they will be asked a few approval questions and we will quickly inform them whether or not they have been approved for the item. Once approved, the transaction will be processed and the sale completed with payment your business made thereafter.
Our partnership will grow your business through more conversion, increased sales and higher customer retention and no risk.