Pioneer Credit, a Kenyan micro-lender has partnered Little Cab to provide taxi drivers with better quality smartphones via an innovative credit facility.
Pioneer Credit will help distribute smartphones to as many drivers as possible at affordable lending rates and payment terms.
According to Little Cab Managing Director Mr. Alex Mwaura,“This is indeed a wonderful day for Little Cab drivers as they will have access to better mobile phones that will enable them to improve on their service delivery. We thank Pioneer Credit for being our partner in this wonderful project and are very confident that this partnership will be impactful to our drivers”.
The service dubbed “Pata Simu Lipa Mdogo Mdogo” will enable drivers to acquire smartphones through a simple 3-minute application process. The platform will provide drivers with 5 different models of phones ranging between Ksh. 10,000 to Ksh. 20,000. This move was made possible through an MOU signing between the two parties.
By dialing *454#, drivers will be required to submit and verify their details before they select one out of five different models of mobile handsets. After this, the drivers will be directed to an outlet to pick their handset in a matter of hours. The drivers will be able to pay for their phone via a daily or weekly charge for a period of three months.
“We are very confident that this product will benefit the taxi drivers. We are very happy to partner with little cab on this product. We aim to grow this product and expand to various regions within the county and potentially to the different Taxi companies that operate here in Kenya. This will enable all drivers across all taxi platforms have access to good quality phones that enable them to better carry out their businesses.” Stated Pioneer Credit Executive Chairman Mr Evans Nyagah.
The two firms are also working with Kenya Orient to insure all the handsets from theft or damage to ensure business continuity for the drivers who mostly depend on their smartphones for daily business.