Regional asset financier Mogo has significantly boosted smartphone accessibility in Kenya by financing over 100,000 handsets within four months of launching its device-financing product. This initiative aims to bridge the digital divide and enhance financial inclusion for vulnerable populations.

• Mogo has financed 100,000 affordable smartphones in four months.
• Head of Sales - Device Financing at Mogo Kenya Fred Muoka stated this meets a real market need for reliable, affordable smartphones.
• The financing process takes less than 23 minutes, with flexible 12-month installment plans through a partnership with Transsion brands (TECNO, itel, Infinix).
• Mogo also runs a financial literacy program, training over 300 boda boda chairpersons in the Coastal region to promote responsible borrowing.