Lafftel Make Electronics Ownership Possible Down Payments + Weekly installment

LAFFTEL is a Hire Purchase fintech for affordable Smart TVs in Tanzania’s Lake Zone.

Problem: Most families in Mwanza, Geita, Shinyanga cannot afford a new $200 Smart TV upfront. Banks and shops require full cash.

Solution: We provide low downpayment + 4-8 month repayment for new TVs. We use CRM + PAYG locking tech + local agents to manage risk and keep defaults <5%.

Why Us: Founder has 6+ years in Keeway, d.light, Airtel sales & collections in the Lake Zone. We understand rural and urban customers and asset financing.

Traction: Targeting 200 TVs financed in 6 months, 800 in 12 months.

Ask: $12,000 for 15% equity to buy TV stock, build our field team, and deploy our CRM.