Hormuud Telecom has partnered with GetPhone to extend its smartphone financing service to four more states in Somalia. The initiative is designed to increase digital access by enabling more consumers to acquire mobile handsets through structured credit plans.
By offering device loans, the program helps overcome the initial cost barrier associated with purchasing smartphones. This expansion allows a wider demographic across the newly covered regions to access modern mobile technology with manageable repayment terms.
The broader availability of mobile devices is expected to drive connectivity, encouraging greater participation in the digital economy and expanding the reach of local mobile money and internet services.
For full details regarding the rollout and regional availability, please check the original report by Africa Business Communities.
