Lipa Later is a payment option that allows you unlimited access to phones, furniture, fashion, travel, kitchen and home appliances that you get now and pay for overtime in affordable monthly installments of upto 12 months.
It also allows retailers to sell their products in affordable monthly installments to their customers by increasing their purchasing power through Lipa Later.
How does Lipa Later work?
- Sign up here to get a credit limit.
- Shop from our retail partner stores.
- Start paying after 30 days.
What can I buy?
We’ve partnered with over 500 stores so you can pay overtime for the things you love. Check out our Partners
All you need to do is sign up and send us your M-Pesa statements for the last 6 months, when requested.
Where is Lipa Later available?
We are currently available across Kenya, Nigeria, Uganda and Rwanda.
How do I Sign Up for Lipa Later?
4 Easy Steps
- Click on ‘Sign Up’, provide some basic information and submit.
- You will receive an email with a link for confirmation.
- Follow the link, login and get your pre-approved credit limit instantly.
- Submit your Mpesa Statements for the last 6 Months for final approval when requested.
Where can I Apply?
- Through our website
- At any of our retail partner stores
Do I qualify if I am paid in cash or MPesa?
Yes, you do. You can sign up here and we will update you on the amount you qualify for.
What are the Requirements?
We require your M-Pesa Statements for the last 6 Months.
How do I send my M-Pesa statements?
- Dial *234#
- Select ‘M-Pesa Information’
- Select ‘M-Pesa Statement’
- Select ‘Change E-Mail’
- Enter new email as email@example.com
- Confirm your email address as firstname.lastname@example.org
- Once complete, dial *234*5*1*1*2# to send your M-Pesa statements directly to Lipa Later
For further assistance, please call us 0709684000
What If I do not have M-Pesa Statements?
We will require your bank statements for the last 3 months instead.
How long does it take to get approved?
Upon submitting your statements, you should get your credit limit within a few minutes.
What is my Credit Limit?
Your credit limit is the maximum amount you qualify for that you can use to shop from our retail partners.
How do I check my application status?
Log-in to your Account to check the status of your application.
We deliver in Nairobi for free for small items and outside Nairobi for an additional fee. Some of our partners also deliver items either for free or at a fee. Please confirm with us 0709684000.
You can also pick your item either at our partner store or our offices.
What’s next once I receive my Credit Limit?
You can now visit our retail partners and shop within your limit. Just provide the retailer with your Identification Card for processing of the item(s). Once your item(s) are processed, you will receive contract via SMS with the details of the items and the terms. Once you accept, you are free to leave with your item.
If you do not know what item you want or where to get it from, please call us on 0709684000, our representatives will assist you.
What is the duration I can pay monthly?
It runs from 2-12 months.
Can I pay earlier?
Yes, we will charge you only for the duration you have stayed with the item(s).
Can I negotiate for the Item price?
Item pricing is at the discretion of our partners however we negotiate on behalf of our customers for better pricing.
Do we consider CRB listed people?
Yes, we do. We check your CRB to determine your creditworthiness, establish the amount you qualify for and approve on a case by case basis.
What are the products that you offer?
1. Lipa Later Electronics & Furniture.
We offer financing for electronics and furniture. See the list of some of our retail partners here.
2. Lipa Later Fashion.
You can now Look Good, Feel Good and Pay Better at Hekaya, Urban Tortoise and Optica just to mention a few. See the list of some of our retail partners here.
3. Lipa Later Travel.
We offer financing for Travel in partnership with Jovid Travel. See the list of some of our retail partners here.
4. Lipa Later Motor.
We offer 100% financing for motor vehicles. For a list of our dealership partners, please call us on 0709684000. To sign up, click here.
5. Lipa Later Insurance.
We offer annual insurance for all your electronic devices, whether or not they have been bought through Lipa Later. Click here to sign up.
You can now access all you need from your favorite stores all on one platform – The Lipa Later Online Shop
Shopping is fun, and everyone loves it! Lipa Later has introduced The Lipa Later Online Shop. An online platform that makes it easy for you to shop for products from our variety of retail partners all on one platform with multiple payment options provided all at your convenience!
What are the available modes of payment on the site?
At check out, you have an option to pay using:
- Lipa Later Installments
- Pay on delivery
How can I access the Lipa Later Online Shop?
Simply visit the site here https://shop.lipalater.co.ke and browse through our multiple vendor lists and sale items.
Can I purchase the items on the website using my Lipa Later credit limit?
Yes you can, simply add the products you want to cart and at checkout choose the Lipa Later payment method and if you have a credit limit sufficient to cover the items, you can proceed and complete your order.
What happens if I don’t have a credit limit yet but would like to buy now and pay later?
If you don’t have a credit limit, simply sign up as a new customer during checkout and if approved, the limit will be assigned to you instantly.
What happens if I receive a damaged or wrong product?
No need to worry. In a situation where an item is damaged, we have return policy in place to cover this
For any inquiries, please contact us on +254 709 684 000 or email us at email@example.com.
When do I start making my monthly payments?
You start paying for the item 30 days after you receive it. We will send you an SMS notification on when the payments are to be made and the amount due.
How do I check my balance, make payments and what I have paid so far?
Login into your Account section on the top right corner of your screen
- Sign in to your Lipa Later account.
- Click on Wallet to see your balance, what you have paid and your due date.
- Select ‘Make Payment’ to pay your monthly instalment.
How do I make my monthly payments?
You can make your payment through your Account or pay directly through our M-Pesa Paybill No. 174199, Account Number LP.
Can my balance reduce if I offset my loan before the agreed period?
Yes, we will charge you only for the duration you have stayed with your item(s)
Who do I speak to regarding adjusting my repayment plan?
Kindly write to us through firstname.lastname@example.org for assistance or call us on 0709684000.
How can I become a partner?
To become a partner please sign up here
What items do you finance?
We finance Electronics, Furniture, Home & Living products, Motor Vehicles, FMCG among others. To find out whether we can finance products not mentioned here, please send an email to email@example.com or call us on 0709684000.
What are the benefits of partnering and selling with Lipa Later?
We are the leading product and service financing company in East Africa with over 500 trusted and registered partners across Kenya and Rwanda. We offer;
- Increase in Sales
- Marketing Support
- Customer Retention
- Brand Visibility
- No Risk
What do you charge me as a partner?
We do not charge our partners any commission. Partnering with us is free.
Are you available only in Nairobi?
No, we are across Kenya and Rwanda.
Which other companies are you currently working with?
We have 500 partners please click here to view some of the featured ones.