Who buys such products? At the end of 30 months one will have paid a total of KShs 125,000 for a 32 inch TV yet you can buy one in cash for less than KShs 20,000 and spend much less for solar power than the total
"Pay-as-you-go solar products dealer Azuri Technologies has launched a 32-inch colour television sold together with a number of products.
TV400, said Azuri chief executive Simon Bransfield, comes with a battery and a 10-year warranty and at least 10 hours of continuous viewing.
Buyers will pay an initial payment of Sh8,999 and daily usage fee of Sh129 over 30 months after which the system is unlocked and all additional power is free of charge." Business Daily
Its simple logic,zile hesabu watu hupiga za fegi na tei na usisahau mapoko,mtu husema “ningeweza kusave hizo pesa ningekua birrionea” ,well,when doing those things in bits,one doesnt realize that is accumulating or rather they ignore. The same thing with the solar/tv but vice versa,they dont have all that cash at hand for set up but paying that small amount over a period of time suffices them to acquire it albeit the exorbitant amount.
Its easier if they pay it in bits i guess. Saa hii dubai unapewa offer ya kulipia gari 14875ksh a month hadi umalize and you can bargain the instalments ukiona ni mingi. You are right,the end price is quadruple the initial but atleast the dent in your wallet will not be felt that much