dc.contributor.author | Omwansa, Tonny K | |
dc.contributor.author | Sullivan, Nicholas P. | |
dc.date.accessioned | 2013-06-19T07:18:01Z | |
dc.date.available | 2013-06-19T07:18:01Z | |
dc.date.issued | 2013 | |
dc.identifier.citation | Prepaid Business Models/CEME | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/36056 | |
dc.description.abstract | Acceptance of the prepaid airtime model-along with the emergence of mobile money-sets the
foundation for new business models that allow innovative financing for people living on irregular
incomes or with an aversion to credit.
The new pay-in-advance (prepaid) or pay-as-you-go models are electronic hybrids of oldfashioned
savings and credit plans-but mobile-money systems give sellers and lenders the
ability to collect millions of frequent micro-payments, which is impractical with manual or cash
systems.
The key to prepaid models is their flexibility-you buy (or pay down or pay forward) what you can
afford when you want, with no pressure to buy more or adhere to a fixed payment schedule. In all,
this nascent model suggests that it might be possible to scale new and innovative products much
faster, with a highly efficient system of financing, than has been possible before. | en |
dc.language.iso | en | en |
dc.title | Prepaid & Pay-as-you-go Models for Asset Financing Analysis of Mobile-Money Business Models for Kickstart (irrigation pumps) and M-KOPA (solar panels) in Kenya | en |
dc.type | Article | en |
local.publisher | School of Computing and Informatics, University of Nairobi | en |