Affordable smartphones, flexible credit and a women-led sales network are reshaping digital inclusion in South Africa.
Author: M-KOPA
M-KOPA
M-KOPA was founded in 2010 on the idea that combining digital micropayments with GSM connectivity could provide affordable access to life-enhancing products. Since then, the company has built a financial platform that has deployed over $1.5-billion in credit and enabled over five million customers across five countries - Kenya, Uganda, Nigeria, Ghana and South Africa - to own quality smartphones, access digital services and progress towards their financial goals.
M-KOPA data demonstrates digital access can kick-start equitable economic inclusion, with alternative credit models as the catalyst.