Moringa School on Thursday announced it has partnered with Lipa Later and Huawei to enable all Moringa students to access quality laptops for their studies at a subsidized cost.
The “Buy Now, Pay Later” deal financed by Lipa Later, which will last at least one year, will see 18-30-year-old tech students planning to join Moringa School programs buy brand new laptops from Huawei.
Speaking at the signing of the MOU, Moringa School CEO, Snehar Shah said the move will connect more students, who were unable to afford such devices, with quality laptops.
“We realized that over half of our applicants either have no access to quality laptops or are unable to afford one. This partnership now gives them an opportunity to get quality devices from our partners while still giving them affordability,” said Shah.
The partnership with Lipa Later will see the students enjoy a low interest rate of 3.8 per cent per month at a Recommended Retail Price (RRP) of Sh119,999, which is inclusive of VAT.
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Moringa School has also inked a deal with Close the Gap LTD, in a partnership that will see new and existing students access quality laptops using a very affordable pricing model.
For example, a HP ELITE X2 1011 G1 Full HD/touchscreen 11.6 core M5 1.2GHZ M-5Y71 that is normally retails for around Sh49,000 will retail at only Sh26,499 and will be eligible to financing from Lipa Later too.
“We believe that this will also provide an opportunity for more students to enroll in our programs as this eliminates a barrier to entry,” he added.
Close the Gap LTD is a global social enterprise seeking to bridge the digital gap by offering high-quality, pre-owned IT devices donated by European firms to educational, medical, and social projects in developing and emerging countries.
Since its inception in 2014, Moringa School boasts it has trained more than 4,000 students and placed more than 85 per cent of its graduates into leading firms in Africa and beyond.