StarTimes Kenya inks soft loan deal for customers

The Kenyan arm of StarTimes has signed a memorandum of understanding with Jamii Bora Bank to provide 6-  monthly soft loan installment plans to its customers for buying StarTimes’ digital television set-top boxes (STBs).

“We are keen to make the acquisition of StarTimes set top boxes as effortless as possible through working closely with financial institutions that will extend soft loans, as we enable more Kenyans access digital television,” said Steve Ambitho, marketing manager at StarTimes.

The loan can be availed by the bank’s existing account holders as well as non-account holders. StarTimes, in December 2013, has partnered with Equity Bank for similar soft loan facilities for its customers.