CREDICORP just scaled up its digital device credit thing across Nigeria after running a successful pilot that got over 1,000 people their first smartphones through E-Finance Company and Credlock. Managing Director Uzoma Nwagba said the move helps hardworking Nigerians grab the tools they need to get ahead, and CEO Dayo Fabayo from Credlock talked about how phones and laptops are basically bridges to better opportunities these days.
The national rollout targets more than 15,000 Nigerians who can finance smartphones or laptops without dropping huge upfront cash. Credlock's smart collateral system makes the whole credit process safer and smoother, while E-Finance handles the financing side of things.
The program builds on CREDICORP's track record with mobility and renewable energy lending. Their whole deal is that when regular people can access essential gear through fair credit, life gets better fast.
The national rollout targets more than 15,000 Nigerians who can finance smartphones or laptops without dropping huge upfront cash. Credlock's smart collateral system makes the whole credit process safer and smoother, while E-Finance handles the financing side of things.
The program builds on CREDICORP's track record with mobility and renewable energy lending. Their whole deal is that when regular people can access essential gear through fair credit, life gets better fast.
