Watu Simu: image courtesy:Watu |
Watu is an Asset acquiring Fintech company in Africa that enables the unbanked to get essential items on loan such as Boda Boda bikes, Tuk tuk ,phones etc.
Watu recently introduced the Watu Simu Phones,where people can get phones and pay later.
Types of Smartphones available at Watu Simu
The following phones are available for financing through Watu Simu:
- Samsung Galaxy A03 Core
- Samsung Galaxy A03
- Samsung Galaxy A13
- Samsung Galaxy A23
- Samsung Galaxy A33
Watu Simu Phones prices deposit and weekly payment prices
Samsung Galaxy A03 Core
Deposit -kes 3000
Weekly payment -kes 320
Samsung Galaxy A03
Deposit -kes 3000
Weekly payment -kes 407
Samsung Galaxy A13
Deposit -kes 5000
Weekly payment -kes 595
Samsung Galaxy A23
Deposit -kes 7000
Weekly payment -kes 671
Samsung Galaxy A33
Deposit -kes 9500
Weekly payment -kes 1108
How To Check Remaining Balances For Watu Simu
You can check your loan balance via USSD code*876# or Call helpcentre: 0800 202 777
Requirements To Obtain Watu Simu Phones
To qualify for phone financing, you need to have the following:
- An original National ID
- No active loans with Watu
- Be at least 18 years old
- An active mobile money transaction line
- Next of kin contact details (the contact must be available/online for verification)
- A minimum down payment amount for the selected device. Step by step Procedure on how To Obtain Watu Simu on loan:
- Visit any store where Watu Simu is available.
- Select any Samsung Galaxy smartphone supported by Watu.
- Get a pre-approval on your application.
- Make your down payment.
- Wait for the verification process to be completed (5-10 minutes).
How to know the remaining balance
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