Vodacom Tanzania and CRDB Bank have joined forces to offer smartphone financing plans, making smartphones more affordable and accessible than ever before. This exciting partnership aims to bridge the digital divide and empower Tanzanians to participate in the growing digital economy.
According to Daly News, Speaking during the launch of the collaboration in Dar es Salaam, the Vodacom Tanzania Managing Director, Philip Besiimire, explained that the telco deploys various initiatives to lower the cost of devices including subsidizing feature phones and device financing options that accelerate the shift from 2G to 4G-enabled smartphones and leverages partnerships to reach more customers.
“As a major stakeholder and partner in the communication and technology sector, Vodacom is proud to launch this collaboration with CRDB Bank, a respected financial institution in the country. Our collaboration will allow us to extend smartphone loans to more customers at an affordable cost and flexible payment plans.
The smartphone loan can be repaid daily, weekly, or monthly for a period of up to 12 months through M-Pesa,” detailed Vodacom MD, Philip Besiimire.
The MD further explained that thanks to this partnership, their smartphone loans portfolio will be expanded to incorporate a plethora of options including high-end smartphones.
The specific devices will be unveiled in due time. On his part, the Managing Director of CRDB Bank, Abdulmajid Nsekela, added, “The partnership between Vodacom and CRDB Bank is an excellent opportunity for Tanzanian citizens to access affordable financial and communication services. As major stakeholders, we are responsible for supporting the government’s efforts to ensure that every Tanzanian can benefit from these sectors’ growth and development.
