Easy credit is on the rise in Africa during tough economic times - Quartz

7/12/2022 12:00:00 AM2 years 9 months ago
by Conrad Onyango
by Conrad Onyango
As the cost of living skyrockets post-pandemic, more and more companies are entering into the pay-over-time loans space, tapping opportunities in one of Africa's nascent but quickly-growing industries.
Short-term financing that allows consumers to make purchases and pay for them at a future date is gaining popularity in Africa as rising costs of living push digital-savvy shoppers to spread the cost… [+5659 chars]
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