Buying a Ksh30k Phone Upfront Vs Paying Ksh72 Daily on a Pay as You Go Plan

EDITOR’S NOTE: This article is part of our Money254 Partner Series produced in partnership with M-KOPA to mark the launch of their latest device - the M-KOPA X20.

Picture this: you’ve just lost your smartphone—the one tool that keeps your hustle running. Perhaps you’re a taxi driver using a ride-hailing app, or maybe you rely on your phone to market your business online. Suddenly, you’re at a standstill. 

What now?

You have two options:

• Buy Upfront: Dip into your savings and spend Ksh30,000 upfront on a new phone, say the Tecno Camon 30, ensuring you own it outright but potentially straining your budget for essentials like rent, school fees, business capital or emergencies.
• Choose flexibility: Pay a small deposit, walk home with the M-KOPA X2, and complete the payment with just Ksh72 daily installments.

Let’s break down the value for money you get from each option. 

The Tecno Camon 30 Vs the M-KOPA X2

Buying the Tecno Camon 30 upfront gives you a great device with an Android 14 operating system, a 6.6-inch display, 128GB internal storage, an Octa-core processor, a 50MP camera, and a 5000mAh battery. Well… that’s about it. 

For a similar price range, the M-KOPA X2 comes with great specifications, plus a host of other extras that make it more than a phone. 

The M-KOPA X2’s features include: 

• 5000mAh battery, lasting up to 59 hours
• 6.56 inch display
• Android 14 Operating system
• 128GB internal storage 
• A Dual 13MP Camera
• Unisoc T606 processor

the M-KOPA X2 not only matches these specs but also offers additional benefits that make it more than just a smartphone:

But there is more…

Beyond the physical phone, purchasing the M-KOPA X2 provides you with a suite of valuable extras:

• Free Health Insurance: Receive a Hospital Cash Cover of up to Ksh30,000; Ksh1,000 for each night spent in the hospital.
• Device Protection: Coverage against theft, screen repairs, or replacement in case of damage.
• Access to Business Loans: Build a good repayment history and gain access to affordable loans to start or grow your venture.

These features alone represent significant savings and added value, making the M-KOPA X2 a comprehensive package compared to the Tecno Camon 30’s single-device offering.

Is the Pay as You Go Plan worth it?

We understand that committing to daily payments might seem daunting compared to a one-time purchase. However, the Pay as You Go model (Paygo) approach offers several advantages:

No Large Upfront Cost: Preserve your savings for other essential expenses or emergencies, ensuring you maintain financial stability.

Immediate Access: Walk home with your new phone right away, rather than waiting until you can save the full Ksh30,000.

Build Credit History: Consistently making daily payments can help you build a positive credit history, opening doors to more financial opportunities in the future.

Inclusive Benefits: The additional perks like health insurance and device protection provide substantial value that surpasses the simple ownership of the Tecno Camon 30.

Wrapping up

When it comes to choosing a smartphone, it’s essential to consider not just the device itself but the overall value it brings to your life.

Why settle for just a phone when you can have so much more? The M-KOPA X2 offers a comprehensive package that includes financial security, device protection, and opportunities for business growth—all for just Ksh72 daily.

Next time you’re weighing your options, think beyond the upfront cost. Choose the M-KOPA X2 and enjoy the benefits of flexible payments and added value that go far beyond what the Tecno Camon 30 offers.

Don’t wait to secure both your connectivity and your financial future. Get your M-KOPA X2 today and experience the difference!