Purchasing appliances and electronics for your home is one of the best decisions you can make as a homeowner. We need different appliances in our day-to-day activities. From refrigerators to dishwashers, washing machines to dryers, and air conditioners to water heaters, there are numerous appliances that one can invest in.

Energy Efficient Appliances

In modern times, electronics and appliances come with models and designs that consume less energy. These appliances can maximize small amounts of energy to ensure that they complete tasks. They achieve this by operating under lower temperatures as well as energy settings to sustain their functionality.

Main Benefits Of Energy-Efficient Kitchen Appliances

Here are some of the reasons to consider investing in energy-efficient appliances.

· Energy savings

The number one reason to settle for new models that are energy efficient is that they save energy by utilizing the minimum amount of energy to complete the tasks. One can utilize the saved energy to handle other tasks in their home or office.

· Money savings

When you spend on these appliances, they will greatly help you save money by reducing your energy bills. By choosing to replace your old models with energy-efficient models, you can save up to 30% of the cash you spend on energy bills.

· Environmentally friendly

If you care for our environment, then it is worth considering purchasing energy-efficient kitchen appliances. These appliances help reduce the demand for electricity in our homes, and this will mean that there is less exploitation of natural resources. Electricity is generated from natural gas, oil, coal, or water, and less demand will mean that we can conserve these resources. These appliances also help control pollution and emissions, and this will work towards reducing global warming.

How you can use hire purchase to acquire energy-efficient kitchen appliances

When we are in the market for appliances, we tend to only focus on the initial cost of the products. However, in modern times, you can acquire almost any appliance you need through hire purchase agreements. At Kenya Credit Traders, we have all kitchen appliances and you only require as low as 10% of the total cost to acquire them. We also have flexible installments to allow you to completely purchase the products and become the owner. Our lipa pole pole deals help you upgrade your appliances and save you money in the long run.

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Home improvement is a continuous process, and there is a variety of ways to achieve this goal. One can spend on a remodeling project, repairs, or even find new and better appliances to purchase. Improving your home not only aims at improving its value but also helps enhance functionality and quality of life.

Upgrading Your Kitchen

A kitchen is the heart of your house. We spend a good fraction of our time in the kitchen every day. When you are at home, you spend hours cooking for your family in the kitchen, and you will want the process to be hassle-free. Remodeling a kitchen can help you improve the design, but it is also expensive. One of the ways to improve your kitchen is spending on quality appliances.

Modern Energy Efficient Appliances

If you are still relying on your old appliances in your kitchen, it might be the reason you are still spending a lot on energy bills. Most of the appliances are not energy efficient, and using them only leads to high energy bills. It is advisable to consider upgrading to modern appliances due to the many benefits they provide.

The decision to purchase new appliances to replace the old ones will work to save you cash in the long run. The new generation of dishwashers, refrigerators, dryers, washing machines, and other kitchen appliances has a design that maximizes functionality by utilizing minimum energy. By investing in these appliances, you can expect your energy bills to reduce significantly.

Acquiring Kitchen Appliances on Hire Purchase

When you want to purchase kitchen appliances, their high cost can be a hindrance at times. The hard economic times where inflation is making life hard financially might make it impossible to save enough to purchase these appliances. However, there is a better way to acquire and own kitchen appliances.

One of the best decisions a homeowner can make is finding kitchen appliances on hire purchase terms. Hire purchase dealers such as Kenya Credit Traders only require you 10% of the cost of the appliances as a down payment. You will clear the balance in the form of installments. The good part about a hire purchase is that the interest rates are fixed. One can also negotiate the terms to ensure you get the best deal. When you pay your last installment, you become the owner of the appliances.

Find the best hire purchase deals by following Kenya Credit Traders on Facebook.

A kitchen is the heart of any home, and it is one of the spaces where we spend much of our hours every day. It is thus vital to always find ways to improve the kitchen. Kitchen improvement projects also involve finding the best appliances and ensuring that they are functioning optimally. This will work to enhance the quality of life.

Top Appliances to Upgrade in Your Kitchen

There are different instances when one wants to purchase new appliances for their home. One such instance is when they relocate to a new house. You will want to have new appliances especially if the new kitchen has more space.

One can also choose to spend on new kitchen appliances when having a home improvement project. If you have been relying on old appliances, there are chances that they cost you a lot in energy bills. Finding new generation appliances will save you money since they are energy efficient.

Another reason to find new appliances for your kitchen space is if you intend to sell the home. Nobody intends to purchase a home with unsanitary, dated, or malfunctioning appliances. Upgrading your kitchen appliances will work to increase the value of your home. Here are some top appliances you need to consider upgrading.

1. Refrigerator

Finding a new fridge for our home makes it more functional, comfortable, and cool. New fridges not only save you money, but they also come with better features.

2. Stove

When you invest in a new stove makes your home look modern and up to date. The new models are sleek and visually appealing.

3. Dishwasher

It might be time to replace your old, leaky, noisy, and moldy dishwasher with a new model. The new dishwashers come with warranties, increase energy efficiency, and noise reduction and allow for remote operation.

4. Washer/ Dryer

There are top-notch washers and dryers available at Kenya Credit Traders that are eco-friendly and tech-savvy. They are also quiet, functional, beautiful, and most importantly energy efficient.

Acquiring Kitchen Appliances On Hire Purchase

You do not have to wait until you save enough cash to purchase the latest appliances. You can easily find appliances on hire purchase terms. With as low as 10% of the cost of a given appliance, you can acquire it and pay the rest of the cost in the form of installments. Visit our blog to learn tips and tricks of hire purchase when out to acquire kitchen appliances.

The general rule for the maintenance of your appliances is to keep them clean at all times. Always keep the appliances free from dirt and debris to keep them working optimally.

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We all require purchasing household goods at some point in our lives. When one constructs a new home, one will need to invest in quality household goods. One might also opt to upgrade the existing household goods after relocating to a new house.

Lipa Mdogo Mdogo Options

When out to buy household goods, any homeowner will be eager to learn the available options. Apart from the quality of the assets and the price, one will also want to find out the payment options available to them. There are dealerships that only take cash payments for the items. However, in modern times, lipa mdogo mdogo is becoming a favorite way to pay for assets.

Lipa mdogo mdogo is another name for hire purchase deals in Kenya. In this payment mode, the buyer is only required to pay a fraction of the total cost of the household goods they seek to acquire. After this payment, known as a down payment, one acquires the items immediately for their use. The seller however remains the owner of the assets while the buyer is known as the hirer. You will need to make periodic payments to complete payments for the assets. After the last payment, you become the owner of the goods.

Advantages Of Lipa Mdogo Mdogo

There are plenty of reasons to choose lipa mdogo mdogo options offered by leading companies such as Kenya Credit Traders due to the many advantages of this payment method.

The number one reason to use lipa mdogo mdogo to buy household goods is that you will not need all the cash to buy a given item. You just need a fraction of the total cost of the item you intend to purchase to acquire it. This makes it possible to acquire new models with better features as you do not have to pay in cash.

Another reason to choose lipa pole pole to purchase household goods is that you will own the asset at the end of the agreement. Other hiring options such as a lease do not allow you to own assets but you return them to the seller at the end of the agreement. Lipa pole pole on the other hand allows you to become the owner of the assets immediately after paying the last installment.

Find the best lipa mdogo mdogo deals in Kenya by following Kenya Credit Traders on Facebook.

Every homeowner requires acquiring household goods at some point in life. There are numerous electronics and appliances that we require to make our lives more comfortable in our homes. A refrigerator ensures there is a cold drink available to your family, especially during the hot and sunny summers. It also helps keep farm produce and other perishable foods fresh. We need dishwashers in our kitchen as well as keep our dishes clean. Investing in quality furniture not only makes your home functional but also adds to the value of your home.

What is lipa mdogo mdogo?

Lipa pole pole or lipa mdogo mdogo is now one of the favorite ways to acquire assets or appliances in Kenya. There are plenty of online stores as well as physical shops selling their goods on lipa pole pole terms. You can acquire almost any asset in Kenya using lipa mdogo mdogo, from smartphones to boda boda and cars. But what is lipa mdogo mdogo?

Lipa mdogo mdogo is another name for hire purchase agreements in Kenya. It is a credit agreement where one pays a down payment for an asset they intend to purchase and then clear the balance in the form of periodic payments known as installments.

How to use lipa mdogo mdogo to acquire household goods

Hire purchase is one of the best ways to acquire assets in modern times, especially when everybody is experiencing financial strain. There are plenty of reasons to settle for lipa mdogo mdogo to acquire household goods.

With lipa mdogo mdogo, you only require as low as 10% of the total value of the household goods you intend to buy. Immediately after paying the 10%, you can acquire the asset and use it in your home or office. However, you do not become the owner of the items until you pay the last installment.

Why use lipa mdogo mdogo to acquire goods

The biggest benefit of lipa pole pole deals is that they allow you to spread the cost of the items you are purchasing. You do not have to spend your entire salary or savings on a given household item while you can spread the cost over a long duration. The best part about a hire purchase agreement is that you agree to the terms of the payments with the seller and this allows you to get the best possible deal.

Find out the latest assets available on hire purchase terms by following Kenya Credit Traders on Facebook.

Are you looking for a convenient way to purchase assets in modern times? There is no better option than utilizing malipo ya pole pole. There are plenty of reasons to consider this payment method to purchase a wide variety of items you need to enhance your quality of life.

What is malipo ya pole pole

You might have heard about lipa later products or lipa mdogo mdogo products in the Kenyan market. These are usually marketing names that refer to hire purchase agreements. In these agreements, a buyer looking for assets to purchase pays a deposit which acts as a hiring fee. The buyer then pays for the items they acquired in periodic payments known as installments. In modern times, installments can be daily, weekly, or monthly payments.

Why settle for Malipo ya pole pole with KCT

Kenya Credit Traders, KCT, is one of the leading hire purchase dealers in the country. They offer a wide range of products that buyers can acquire by paying a small amount of cash in the form of a deposit. After making the payment, one acquires the products immediately for their use. However, the dealer remains the owner of the assets until when the buyer makes the total payment for the items.

The number one reason to utilize the lipa mdogo mdogo option when purchasing assets is the chance to spread the cost of the products. At times, an asset that you require might be equal to your monthly salary. If you purchase it in cash, it means you use all your salary to purchase the product. In that case, you will not be left with money to pay for other bills and expenses. With lipa later products, you will only pay a fraction of your salary as the deposit and a smaller fraction as monthly payments, allowing you to spread the cost over a long duration.

Another reason to consider malipo ya pole pole when buying household goods is the chance to enjoy flexible payment terms. In most cases, the hire purchase agreement is formulated by the seller but in consideration of the buyer’s financial status or income. You have a chance to haggle to get better repayment deal and even save money when using a hire purchase to buy assets.

The best part about lipa pole pole is that you acquire the items immediately after paying the deposit. You do not have to wait until you have enough cash to buy a given asset in cash while you can pay a fraction of the total cost and make the payments as you use the items.

Find the best hire purchase deals in Kenya here.

Any business and homeowner will be on the lookout for electronics at some point in life. We need TVs to improve our living rooms and take entertainment to the next level. There is no better way to get rid of stress than watching Netflix with your loved ones or enjoying football matches with your friends. There are a host of appliances that we need in our homes to enhance our quality of life.

Payment options for electronics and appliances

There are several considerations when out to purchase electronics and appliances. One such consideration is quality. It is always advisable to focus on the quality of the products you intend to purchase and ensure that you are getting value for your money. Cost is also part of the vital considerations when purchasing assets. One will be eager to find a deal that saves them some money.

Another essential consideration before acquiring any assets is the available payment options. Some businesses only accept cash purchases while others accept financing or installment purchases. In case you are out to learn the differences between cash purchases and hire purchases agreements, here is the comparison.

Cash payments vs Hire purchase agreement

Cash payments involve paying the total cost of the product at once to acquire it. Hire purchase on the other hand entails paying a fraction of the total cost for the product and completing the payment in periodic payments known as installments. Here are the key differences between the two payment modes.

· Ownership

When you purchase the electronics in cash, you immediately acquire them and also become the owner. With a hire purchase contract, once you pay the deposit, you acquire the assets, but you only become the owner after paying the last installment.

· Total cost of the products

In most cases, the total cost of appliances and electronics is lower when one makes cash purchases compared to a hire purchase. The difference is brought about by the interest charged on the installments in hire purchase agreements.

· Effects on cash flow

While cash purchases might seem a good option for appliances or electronics, the downside is the effect that comes with paying a lumpsum amount. A good smart TV, for instance, will cost several tens of thousands to purchase. Paying such an amount at once might mean that you spend an entire salary and even use some of your savings. With a hire purchase, you can spread the cost of the smart TV over several months. This will free some cash that you can use on other expenses and even allow you to make savings.

Learn more about hire purchases and cash payments on our blog. For the latest hire purchase deals in Kenya, follow us on Facebook.

When out to acquire machinery or equipment for your business, there is no doubt that you will want to learn financing options available. There are several options a business owner can utilize to acquire equipment that they require for the business, but they do not come with similar benefits. It is thus vital to understand any financing option and learn the effects it will have on your business in the long run.

Different financing options for businesses

Cash payments

When looking to purchase any equipment, you might be tempted to purchase it outright. One of the benefits of cash purchases is that you automatically become the owner after purchasing the equipment. The major downside is that cash payments might have a big impact on your finances. Paying a big lumpsum amount for a piece of equipment might mean you use a big percentage of the capital on only one asset.

Leasing

Some businesses go for leasing as an alternative to purchasing equipment. Leasing allows you to acquire assets without purchasing them. You only pay installments to the owner of the asset during the period when you are using the asset. At the end of the leasing agreement, you return the assets to the owner. The major downside of leasing is that you do not own the assets at any given point.

Term loans

Some business owners turn to loans when they intend to purchase assets for the business. It is easy to acquire loans in modern times and this makes it a good option for businesses. The only downside about loans is that they have high-interest rates. The rates can also change at any given time depending on regulations by the Central Bank.

Hire purchase

Hire purchase involves acquiring assets after paying a fraction of the total cost to the owner. The total cost of the assets is paid in the form of installments. There are several reasons why businesses settle for hire purchase agreements to acquire assets

Why choose hire purchase to acquire business assets and equipment

Spread the cost f the assets by paying installments over a fixed period.
The assets act as the security and you can cancel the agreement if you no longer require the asset.
Reduces the impact on the cash flow and helps free up capital within your business. You will have funds to cater for other expenses.
Transfer of ownership of the asset from the seller to the business at the end of the hire purchase contract.

Get the best hire purchase deals in Kenya here. Visit our blog and learn more about hire purchase agreements.

You will never be short of options when determining investment opportunities in Kenya. The Kenyan economy is experiencing growth across almost every sector. From agriculture, manufacturing, tourism, and infrastructure, there are plenty of investment opportunities.

Investment opportunities are not only a reservation for foreign investors. Even local investors can take charge of the economy by opting to utilize available investment opportunities. Investment can be in a large or small scale.

How financing affects investment in Kenya

The ability to invest in almost any sector depends mainly on the availability of funds. It is not practically possible to execute an investment plan without proper financing. Even a small investment requires one to have a workable financial plan. Purchasing assets, hiring staff, and meeting other expenses is only possible when you have adequate finances.

Financing options available to investors

There are several options one can utilize to fund an investment. Here we analyze various financing options.

· Savings

In most cases, when one intends to start a business, one of the options they can utilize is savings. This merged with grants from friends and relatives can help one raise funds for an investment opportunity. However, with the hard economic times, it might not be possible to make enough savings to fund your startup.

· Loans

Loans from different lending institutions offer another way to raise funds. Apart from traditional lending institutions, digital lending platforms also provide access to finances. The major downside of loans is usually the high interest rates charged, especially in the case of short-term loans. Interest rates charged on loans are also subject to changes depending on the regulations from the Central Bank.

· Hire purchase

Hire purchase has become one of the favorite financing options among investors in modern times. It allows investors to acquire assets and pay for them over a long duration. In most cases, the hire purchase dealers allow you to pay for as low as 10% of the total cost. They provide the assets after one makes the down payment.

Reasons To Utilize Hire Purchase Opportunities

There are plenty of benefits of utilizing hire purchase growth opportunities. One such benefit is the chance to spread the cost. Hire purchase allows you to acquire an asset and pay for it over a long duration.

Hire purchase also offers a chance for investors to acquire new assets. Unlike in leasing where one returns the assets to the dealer at the end of the contract, you become the owner of a given asset at the end of a hire purchase agreement.

Flexibility is also part of the reasons to consider hire purchase. After the down payment, one has a chance to negotiate the number of installments and the duration of the contract depending on the income.

Learn more about hire purchase agreements here. Follow Kenya Credit Traders on Facebook.

A refrigerator is one of the appliances that one requires in a kitchen. There are many benefits to experience when you add a fridge to your kitchen. We need a fridge to keep our foodstuff fresh and prevent spoiling which can lead to wastage. Most farm produce is perishable, and we need to preserve them well to avoid loss from wastage. A fridge can also keep your family refreshed by ensuring that cool drinks and water are available to your family at any given time.

Acquiring A 90L Fridge on Hire Purchase

When out to purchase a fridge, one will be eager to learn the financing options. In most cases, one might intend to save enough cash to purchase a fridge. However, this might mean that you will have to wait until you save adequate funds. Another option involves taking a term loan to finance the purchase of a 90L fridge. The downside of loans is that they come with high interest rates. The best option when you do not have cash but you need a fridge is to find a hire purchase dealer such as Kenya Credit Traders. Hire purchase allows you to acquire a fridge at just a fraction of the cost and you will clear the balance in the form of installments.

Maximizing The Hire Purchase Value of Your Fridge

When you invest in a fridge, there is a need to take proper care of it. This will not only ensure efficiency, but it also keeps the value of your fridge high. Here are some useful tips for maintaining your fridge.

1. Always close the refrigerators door quickly

Every time when you open the fridge it is advisable to close the door quickly. Keeping the door open for a long duration can lead to the fridge losing the ambient temperature. This makes it hard to cool items inside the fridge and in turn, leads to higher power consumption and electricity bills. Also, check the gasket sealing the door and ensure it is sealed properly to avoid cold air leaking.

2. Arrange and cover any items in your fridge properly

It is advisable to cover food and other things in plastic containers with security fitting tops. This is useful in reducing moisture inside the fridge and preventing odors and funny smells. Arranging items ensures you can remove them faster, thus saving time when opening the door, leading to higher energy efficiency.

3. Avoid blocking vents inside the fridge

It is essential to have adequate clearance between vents when storing items in a fridge. This makes it possible for cool air to pass through and also increases the efficiency of the fridge.