Samson Chore, a Kenyan rider, was dismissed from his job as a conductor and decided to take up his late father's stage, working as a rider. He initially rented a motorbike but later opted for a financing option with Watu Credit, paying a KSh 20,000 deposit for a TVS 125 motorbike. This decision enabled him to work towards owning the bike and eventually building a house through consistent payments.
Chore's journey with Watu Credit was successful, allowing him to clear payments for his first bike and acquire a second bike, a Boxer. He attributes his success to making wise financial decisions, stepping away from unnecessary expenses, and investing in a house. Today, he owns a house and is looking to upgrade to his third bike, an HD 125.
Brenda Cherotich Keter, a mitumba trader, also found success through Watu Credit's financing options. She was limited by her old phone's small storage and frequent freezing, hindering her ability to advertise and sell her products. With Watu Credit, she acquired a new phone with more storage and a good camera, enabling her to effectively use social media platforms like TikTok, Facebook, and Instagram to grow her business.
Keter's new phone has had a significant impact on her business, allowing her to easily share photos of her stock with customers and advertise her products. She has been paying consistently and has not experienced any issues with Watu Credit. She believes that the financing option has been an enabler for her business and hopes to expand further with her next phone.
Both Chore and Keter's stories demonstrate the positive impact of Watu Credit's financing options on individuals in Kenya. By providing access to essential tools and equipment, Watu Credit has empowered them to build successful businesses and improve their lives. The financing option has allowed them to make small, manageable payments, rather than having to pay upfront.
Watu Credit's financing options have also given Chore and Keter the confidence to plan for the future. Chore is looking to upgrade to a new bike, while Keter hopes to expand her business in the next two to three years. Their stories serve as an inspiration to others who may be facing similar challenges and are looking for opportunities to improve their lives.
The success stories of Chore and Keter highlight the importance of accessible financing options in Kenya. By providing individuals with the tools and equipment they need, Watu Credit is helping to drive economic growth and empower people to achieve their goals. As the company continues to provide financing options to individuals and businesses, it is likely that more success stories will emerge.
Key points
- Watu Credit's financing options have empowered Kenyan individuals to build successful businesses and improve their lives.
- The financing options have given individuals the confidence to plan for the future and make small, manageable payments.
- Accessible financing options are driving economic growth and empowering people to achieve their goals in Kenya.
