Read the latest pilot insights blog from Mercy Corps Ventures about the impact of our Buy-Now-Pay-Later product in Kenya with our e-commerce partner Kwanza Tukule. Here are some of the highlights:
- Increased access: 77% of food vendors accessed credit or inventory financing for the first time
- Cheaper: 83% of vendors said they preferred this BNPL product for its affordability
- Business growth: 78% of vendors saw business expansion thanks to increased purchasing power
- Reduced stress: 63% of vendors experienced less stress as a result of the ability to stock up even when cash is short while still having time to repay
- Preferred product: 80% of vendors used the BNPL product exclusively as their preferred form of financing
Read the full article and access the deck with full insights report here