Game-changing technology that allows those with low-income to purchase goods on credit

If you don’t have much money there are lots of things that you can’t buy. This might sound simplistic, but in a country where a high proportion of the population have low disposable income it means that, as a manufacturer of products, there is a huge number of people who you can’t access. Unless… you could just give it to them have them pay you back over time. This is the opportunity that Angaza has seen, and they have developed a software platform to allow manufacturers to switch off devices if credit payments aren’t paid. Doing so puts products in the hands of people who otherwise couldn’t afford it. Lindsay is the Head of the Africa office and we discuss the history of the company, considerations for giving products on credit and applying their technology to a range of different products. It’s also similar, but different, to BBOXX who featured on an early episode called “Solar Systems”. You might be interested in listening to that too. READ MORE AT:https://theeastafricabusinesspodcast.com/2017/02/22/hardware-technology-remotely-controlling-solar-products-to-open-up-new-markets-with-lindsay-caldwell-from-angaza/