Finclusion lending brand GetBucks Eswatini partners with local cellular brands to enable device financing in eSwatini
08 February 2021
The 5th of February saw the official launch of the partnership between MTN Eswatini, MaraPhones and GetBucks Eswatini, a financial services business within the Finclusion group.
The strategic partnership between the three brands will enable MTN customers to purchase MaraPhones smart devices on credit, allowing them to pay an affordable monthly installment over a few months.
GetBucks Eswatini is a registered credit provider that will provide the credit offering to MTN customers to purchase the smart devices in periods between 3 and 12 months depending on client’s affordability and basket size.
Finclusion, through its portfolio of companies aims to enhance financial inclusion in Sub-Saharan Africa through technology and lending with focus on ease of access, thus making the strategic partnership between the three brands a perfect fit.
“We have already seen a good response since the launch of our #DoTheMost campaign. The greatest success is that we are now servicing customers that have been previously excluded due to affordability challenges. Giving our customers the option to pay for their device with flexible payment options has opened a new opportunity for MTN Eswatini and our customers.” says Chief Marketing Officer Mncedzi Ngomane
With the new Covid19 world which everyone has had to adjust to very quickly, there has already been talk around financing Wi-Fi- routers, an essential in the new way of working.
“The GetBucks Eswatini team is very excited about partnering with these big African Brands to increase smartphone penetration in the Kingdom of Eswatini. We have always been offering traditional personal loans, so this is a new avenue for us which will certainly pave the way for new partnerships in future. Eswatini is ready to embrace technology and we are honoured to be part of this enablement.” Says Zandile Ntombi Dlamini, CEO of GetBucks Eswatini