Hire purchase remains one of the best ways to purchase household items in modern times. There are plenty of benefits that hire purchase offers in comparison with other financing options. In Kenya, hire purchase is also referred to as lipa mdogo mdogo or lipa pole pole.

What Is Hire Purchase?

A hire purchase agreement is designed to help buyers acquire household items without all the cash. This agreement requires a buyer to only pay as little as 10% of the cost of the items. After paying the deposit the buyer pays the balance in the form of periodic payments known as installments. There is interest charged on installments and this makes the total cost of the household goods higher than in the case of cash purchases.

Differences between hire purchase and cash purchase

There are differences between purchasing in cash and signing a hire purchase agreement. Every option has benefits as well as downsides. Here is the comparison.

Cost and Convenience of Hire Purchase

·         Cost

Cost is one of the biggest differences between a cash purchase and a hire purchase arrangement. The total cost when one purchases in cash is lower when compared to hire purchase. The difference is a result of interest charged on the installments. However, interest charged on hire purchase is fixed unlike in the case of other financing options. Even when there are changes in Central Bank Rates, your hire purchase total cost will not change as the interest rate is fixed.

·         Convenience

Convenience is arguably the biggest benefit one is set to enjoy when they choose hire purchase over cash purchase. When paying for household items using hire purchase, one is able to spread the cost. In the case of a cash purchase, one has to pay all the cash at once. This can deplete your savings or affect your cash flow. On the other hand, with hire purchase, you only pay for a fraction of the cost every month. This means that you are left with cash that you can utilize to pay for other necessities.

Hire purchase also makes it easier to acquire and utilize household items in comparison to cash purchases. With a hire purchase, one can acquire the assets and use them immediately after paying the deposit. In the case of a cash purchase, you will only use the items after paying the total cost.

Kenya Credit Traders is your leading dealer for lipa later TVs, appliances, and home furniture. Follow us on Facebook.

Improving your home involves finding the best appliances to improve the quality of life. When one purchases or builds a new home, there is a need to find the best household appliances that they need for day-to-day activities. One can also be looking to improve their current home. Part of the renovations and home improvement will involve getting rid of the old appliances. New appliances are more efficient and even ends up saving you cash on energy bills.

Hire purchase for household appliances

Finding the right household appliances for your home is a vital part of making your home more functional and comfortable. However, financing is one of the main limitations when looking to create the ideal home space. Here is the ultimate guide to hire purchase when buying household appliances.

What is hire purchase?

Hire purchase agreements allow buyers to acquire items without paying outright. One is required to pay a fraction of the cost as a deposit. You can clear the balance in periodic installments. When one completes the payments, they own the household appliances since the title is transferred to them.

How hire purchase agreements works

In modern times, acquiring household appliances on hire purchase terms is one of the options a homeowner can take. With a hire purchase contract, you do not have to worry about raising all the cash to acquire the appliances you require. One can acquire any household items they need with as little as 10% of the total price. The balance is then spread out in the form of installments.

Benefits of hire purchase on household appliances

A homeowner choosing a hire purchase contract when acquiring household appliances can enjoy numerous benefits. The number one benefit is access to the latest technology and appliances. Hire purchase ensures a homeowner can easily acquire expensive but energy-efficient items.

Another major advantage of a hire purchase agreement is flexible and affordable payment. When signing the agreement, one can choose from different installment plans and choose one that suits their income. Paying in installments also ensures that you are left with some cash that you can spend on other necessities.

Learn more about hire purchase here. Follow Kenya Credit Traders on Facebook for the best hire purchase deals in Kenya.

Almost every homeowner in the market for household goods wants to invest in eco-friendly products. There is an urge to go green and ensure that we protect the environment. Eco-friendly products are goods that do not harm the environment during their production and use. By opting to settle for eco-friendly products, we ensure that we enjoy a healthier lifestyle. Most eco-friendly products are also durable and are not in any way a threat to nature. Choosing to purchase items that enhance protection of the environment will also benefit society economically while helping enhance public health.

Eco-Friendliness Of Hire Purchase

When in the market for hire purchase, one has to choose between purchasing items in cash or on hire purchase terms. When one has enough cash, buying items outright seems the best option since it helps save some money. However, customers without the cash to purchase items outright at times opt for cheaper items, which are also low-quality.

You have a better option in the form of hire purchase for household goods. Hire purchase allows you to acquire household goods even when you do not have all the cash. With just a fraction of the total cost, you acquire items and even utilize them in your home. The balance is paid in the form of installments. Here is the eco-friendliness of hire purchase deals.

1.      Acquire the latest models which are more energy-efficient

With hire purchase deals, homeowners are able to acquire items that are energy efficient. The new appliances and electronics in the market are energy efficient. Replacing the old ones not only reduces dependence on electricity but also helps keep the environment greener.

2.      Reduce deforestation

Most of the furniture pieces available on hire purchase are made of mahogany and other durable woods. Finding furniture pieces that last for years ensures that you will not be in the market soon looking to replace them. This helps reduce the number of trees being cut down every year. The best part of hire purchase is that you can replace wooden furniture with metallic ones, which helps reduce dependence on trees and helps keep the country greener.

3.      Reduced pollution

The decision to spend on quality household goods is also good for the environment as it helps reduce pollution. You will not require constant repairs or replacements, and this keeps your environment clean.

Learn more about hire purchase deals here. Get the best lipa mdogo mdogo deals at Kenya Credit Traders.

The bedroom is one of the most personal spaces in our homes. This is the main space where we relax and refresh after all the day-to-day activities. It is thus vital to ensure that we give our bedrooms attention and upgrade them for more comfort and functionality. The process of transforming your bedroom into a modest-looking space is achievable in a budget-friendly way. The combination of colors, linens, furniture, and bed will complete the bedroom transformation and provide you with the comfort you require for your home.

Major Considerations When Looking to Transform Your Bedroom

When looking to improve the bedroom space, there are different aspects you need to keep in mind. The bedroom space is a combination of different items. One such aspect is lighting. Getting the right lighting for your bedroom will dictate the mood. Lights that can switch and dim are the best for the bedroom. If you also need a bedroom for yoga space, home office, or other activities, find lighting that suits these activities.

Adding some greenery and fresh flowers can also enhance the mood in your bedroom. Investing in mirrors can also work to give the bedroom space a personal touch. Mirrors will make your bedroom look costly, and luxurious and even enhance lighting. All these can be complemented with a large and beautiful wall art.

While all these installations are vital for transforming your bedroom, the primary use for the bedroom is sleeping. It is thus vital to find a quality bed and mattress for your sleeping area. When purchasing a bed, one wants a bed that will last for years. At Kenya Credit Traders, we have a variety of bed sizes, designs, and materials. Finding the right mattress for your bed also determines the quality of sleep you will enjoy.

Bedroom Transformation with Hire Purchase

Acquiring a quality bed or mattress for your bedroom can prove a costly affair in modern times. However, you do not have to settle for low-quality beds due to the fear of the costs. It is possible to acquire your dream bed or mattress even when you do not have all the cash.

Hire purchase beds and mattresses available at Kenya Credit Traders require you only as little as 10% of the total cost. After paying the 10% as the down payment, you will clear the balance in installments. This not only ensures you get quality beds and mattresses, but you also enjoy the convenience of spreading the cost over a long duration.

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A home is a reflection of the owner. Your personality, tastes, and preferences can be easily determined by how you keep your home. It thus makes sense for any homeowner to ensure that their house looks at its best. Investing in quality home décor is one of the easiest ways to enhance how your home looks. This will need one to invest in important pieces like furniture as well as major appliances.

Benefits Of Purchasing Quality Home Décor

One of the best reasons to spend on quality home décor is that it will save you money in the long run. Most homeowners only consider the initial cost of furniture when looking to improve the living space. The downside of this approach is that you can settle for cheap but low-quality furniture. The mass-produced cheap furniture will keep requiring repairs and cost you a lot in the long run. On the other hand, quality home décor will last for years without the need for repairs.

Investing in quality home décor will also enhance the value of your home. The decision to spend on quality furniture ensures that you get a better deal when reselling the home. Even when you do not plan to resell the home, you can enjoy the comfort and functionality of your living space.

Acquiring Home Décor On Hire Purchase Terms

Home décor can be costly especially when you are looking to purchase in cash. With the harsh economic times being experienced in the country, most people are finding it hard to purchase items they need for their homes. However, there is a better option in the form of a hire purchase agreement.

There are plenty of benefits that come with hire purchase deals for home décor. The number one benefit is the convenience of hire purchase deals. Hire purchase allows you to acquire assets you need at only a fraction of the total cost. This can be as low as 10% of the total price. You will have the chance to spread the cost and pay in installments.

Apart from the convenience of hire purchase payments, the chance to acquire quality items is also part of the benefits of these agreements. You do not have to settle for cheap and low-quality items due to financial constraints.

Check more benefits of hire purchase agreements here. For the latest hire purchase deals, follow Kenya Credit Traders on Facebook.

Investing in home entertainment is a decision that every homeowner should make. Plenty of benefits come with the choice to have different home entertainment electronics. Digital TVs, android TVs, and smart TVs ensure that you no longer have to rely on entertainment joints for movies or even watching sporting events. With your own TV, you can watch a football game from the comfort of your home. You will also enjoy a wide variety of movies either online or by purchasing a DVD player. To enhance the audio-visual experience, one can also invest in a home theater to recreate a cinema’s environment in their own home.

Benefits Of Investing In Home Entertainment

One of the best reasons to spend on home entertainment is to ensure that you reduce expenses on entertainment. Entertainment remains one of the highest non-basic expenditures for most individuals. You can end up spending a lot on visiting amusement parks and attending football games, sporting events, or concerts. By spending on quality electronics, you bring entertainment to your home, thus saving cash to utilize on other necessities.

It is also advisable to find quality home entertainment as this gives you control over entertainment options. When seeking entertainment outside your home, you will have limitations and interferences. At home, you choose when and what to enjoy as part of your entertainment.

One can also enjoy an elevated experience at home when they choose to spend on home entertainment. You can host home parties without having to seek assistance elsewhere.

Why Hire Purchase Electronics For Your Home

Quality home entertainment can be costly for any homeowner. You might need tens of thousands to acquire quality electronics. The high cost of electronics at times leaves home owners settling for low quality cheap electronics. However, there is a better option in the form of hire purchase deals.

You might have come across lipa pole pole, or lipa mdogo mdogo deals for electronics. These hire purchase deals allow you to acquire electronics even without all the cash.

The number one reason why hire purchase electronics are a good deal for any homeowner is the chance to spread the cost. You acquire your dream electronics immediately, but the cost is spread over a long duration.

Hire purchase also allows you to access quality electronics. You will only pay a fraction of the cost as down payment and settle the balance in affordable installments. Since one requires just a fraction of the total cost to buy these electronics, you do not have to compromise quality and purchase cheap electronics.

Visit our online store to view different electronics available on hire purchase terms. Also, check Kenya Credit Traders on Facebook for incredible deals.

A kitchen space is one of the busiest spaces in our homes. Regardless of the time of the day, we will need to access our kitchen. Whether you are preparing meals, looking for a cool drink when it is warm, or cooking meals for a party or celebration, you will want an efficient kitchen space. Furnishing your kitchen will not only aim at enhancing its aesthetic value. It is also vital to focus on making it more functional.

Ideas when furnishing your kitchen

Regardless of the size of your kitchen, you will always have options when looking to furnish it. This will involve spending time designing the organization of your kitchen and getting quality purchases. Here are some tips to help you achieve this goal.

·         Proper organization of cookware

If your kitchen doesn’t have cabinets, you might consider investing in some during your renovation. Cabinets and drawers ought to have built-ins to help arrange your cookware and bakeware. For the smaller items in your kitchen, one can consider purchasing plastic storage containers. Hanging pot racks will help organize your cooking pots and pans. You can also make your work easier by grouping items together such as dishes, bowls, cups, and others.

·         Spend on durable countertops

The countertop space is vital in any kitchen. This is where we place most of the small appliances such as toasters, coffeemakers, and others. Investing in durable countertops will give you value for your money. It will also be vital to help you keep your kitchen space organized.

·         Invest in quality appliances

There are plenty of appliances that we require in our daily activities. Every homeowner is out to find a great deal when buying kitchen appliances. However, this doesn’t mean that one should overlook quality. The frequent use of the appliances and the effect on energy costs requires the homeowner to be keen when investing.

One might be in the market looking for large appliances such as dishwashers, refrigerators, or gas cookers.  Homeowners might also be looking to purchase smaller ones such as toasters, blenders, or coffeemakers.

Hire purchase offers a convenient way to acquire these assets without compromising the quality. The number one reason to consider hire purchase appliances with KCT is the ability to spread the cost. One pays for the appliances in installments and at the end of the agreement, one becomes the owner. The low interest rates on hire purchase appliances with KCT also save you some money in the long run.

Investing in quality furniture is the dream of every homeowner. Finding the best furniture not only enhances the aesthetics of your living space but also makes the space more comfortable. Your home’s value is also set to increase after acquiring your dream furniture.

One will never lack options when in the Kenyan market for furniture. You can find plenty of furniture shops in your locality as well as online stores. However, the different furniture stores do not provide the same quality of services. In our post, we will determine how one can furnish a home using hire purchase furniture.

What is hire purchase furniture

Most buyers usually pay for items they need in cash. However, this is not always possible, especially for high-value items such as home furniture. It is thus vital that one learns other available options. One such option is a hire purchase agreement.

Hire purchase agreements suit homeowners in need of items but do not intend to pay in cash. In this arrangement, one pays a fraction of the cost and spreads out the balance in several months. There are plenty of benefits of hire purchase agreements.

Acquiring Furniture on Hire Purchase Terms At KCT

Hire purchase is a leading financing option in Kenya. One of the leading hire purchase companies, Kenya Credit Traders, has a variety of furniture pieces you can add to your home. These include sofa sets, mahogany beds, double-decker beds, coffee sets, wall units, and TV stands. Whether you are looking to furnish a new home or you require to upgrade the current one, you will have plenty of furniture options to choose from when you choose KCT.

Why choose KCT for home furniture

The number one benefit of choosing KCT is the chance to spread the cost. To acquire your dream furniture, one requires only 10% of the total cost. The balance is paid in installments.

It is also advisable to purchase furniture on hire purchase terms to enjoy low-interest rates. Unlike other financing options, hire purchase contracts have fixed interest rates. This means that the total cost of furniture doesn’t change throughout the contract.

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Purchasing and acquiring household items in modern times is more straightforward than ever. The emergence of online shopping means that you do not even need to leave your home to find items that you require. You can browse and even compare items from the comfort of your home or office. Apart from the convenience of online shopping, payment terms are also convenient in modern times. The emergence of hire purchase, also known as lipa later, lipa mdogo mdogo, or lipa pole pole, has enhanced the chances of acquiring assets.

With hire purchase, customers can acquire almost any asset without having all the cash. Unlike in the case of a cash purchase, with a hire purchase, you only need as little as 10% of the cost of the household items. Leading hire purchase companies such as Kenya Credit Traders allow you to acquire assets and utilize them while clearing the balance in installments.

How Kenya Credit Traders prioritizes customer satisfaction

Any customer in the market for household items wants a dealer that guarantees them quality items and services. At Kenya Credit Traders, we understand the need to provide you with the best services. Here are some of the ways we ensure as a customer you benefit from quality items and services.

1.      We provide you with items from leading brands

Every customer wants to acquire items that will serve them for years. You do not want to spend on a TV and then return to the market a few months later. All our household items are sourced from leading brands, thus ensuring that you only get quality products.

2.      We are ready to listen to you

At Kenya Credit Traders, we are always ready to hear from our customers regarding the services and products we provide them. You can always provide us feedback on the services and products we provide. One can provide feedback on our Facebook page or even website.

3.      We look for a win-win solution for our customers

Hire purchase agreements aim at ensuring that the customer can obtain items they require even when they do not have all the cash. In most cases, customers want a hire purchase agreement that allows them to spread the cost and leave them some cash they can spend on other expenses or emergencies. The best part of working with us is that we look for the best deal for you and ensure that you acquire your dream asset for your home. We do not ignore your needs and preferences.

There is a wide variety of household items that we need in our day-to-day activities. We need kitchen appliances to ensure that we can make meals with ease and keep them fresh. We also need TVs, home theaters, sub-woofers, and other home entertainment devices to keep our homes lively. Most importantly, we need household furniture to make our living space functional. All these household items are beneficial.

Hire purchase on household items

When it is certain that we require all these household items, they are not cheap. Most of the household items cost thousands or even tens of thousands to acquire. While some homeowners prefer cash purchases, it is not always possible. That’s why it is essential to consider a hire purchase deal for some of the items.

Hire purchase is a sales agreement that allows you to acquire and use items at a fraction of the total cost. One only needs to pay a deposit and have the items delivered to them. To pay the full cost of the items, the balance is divided into installments. The installments can be daily, weekly, or monthly payments depending on the hire purchase terms.

Why do we stand out in hire purchase for household items

If you are in the Kenyan market looking for quality household items, Kenya Credit Traders is your ideal dealer. There are plenty of reasons to consider us when purchasing home furniture, electronics, appliances, and other essential items.

1.      Quality assurance

One of the reasons homeowners prefer hire purchase terms to acquire items is the chance to acquire high-quality assets. Quality household goods can be expensive but hire purchase allows you to acquire them by spreading the cost. At Kenya Credit Traders we acknowledge the need to acquire high-quality assets. We provide you with items from trusted brands thus enhancing their reliability.

2.      A broad range of items to choose from

We understand that the needs vary from one customer to the other. However, we will always have an item that suits your needs. Visit our website for a broad variety of items that are available on hire purchase terms. When you choose the items you need, and sign the hire purchase agreement, we will deliver at a town near you.

3.      Reliability

Without a doubt, the reputation of a hire purchase dealer is always part of the considerations before choosing them. Kenya Credit Traders has been in the hire purchase industry for years and we understand the needs of customers. You can expect top-notch services when you choose us.