Merchants Loan: Kong Offers Credit at 2.08% Interest

  • Merchants Loan: Kong Offers Credit at 2.08% Interest

Konga, one of Nigeria’s leading e-Commerce companies, announced a new credit support program for merchants on its platform.

According to the company’s Chief Executive Officer, Nnamdi Ekeh, Konga partnered Simple-Fi to offer its merchants credit facility.

“We have partnered with Simple-Fi to make these loans available at very low and convenient interest rates of 2.08% only. Merchants on the Konga platform can also take advantage of flexible repayment plans,” Ekeh stated.

He said the company wanted merchants to increase product offerings to customers ahead of its annual shopping event, Konga Yakata.

“Konga Yakata is around the corner and our intention is to make it the best ever in the history of the company for our customers. For all of us at Konga, nothing comes in the way of ensuring our customers are satisfied.

“This is why we have taken the uncommon step of providing credit facilities to merchants on the Konga platform in preparation for Konga Yakata 2019. We understand that our customers will be looking forward to the widest assortment of genuine products across multiple categories on Konga.

“This is why we are committing significant funds into expanding the carrying capacity of our merchants for the sales fiesta. No other sales event comes close to Konga Yakata. Therefore, it is only fitting that Management has decided to go all out and make it a memorable one for our teeming customers.”

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya

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