How to do PAYGO

What is PAYGO?

Pay As You Go.  Pay as you use.  Bascially phone credit adeapted for equipment.  You pay and the equipment works for as as your credit lasts.

Why so interesting?

It allows suppliers and/or their banking partners to offer more credit, which makes the equipment easier to afford.  While the developed markers do not need more credit, growing economies where personal and small business cash budgets are tight, do.  PAYGO means they can get access to equipment such as solar, computers, small transport without saving up first, offereing collateral that they don’t have, or showing an established credit history.

How to do it?

Well, its complicated and expensive.  Basically if you are a distributor or manufacturer you need to learn financial services.  If you’re a bank, you need to learn technology and distribution.  Take a look at this and give me a call to explain

paygo

 

This image was first prepared by the author as part of an presentation for UNCDF CleanStart

This entry was posted in Uncategorized. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Categories