Hire Purchase, Insane Margins

[shocks]

Today I've spent the better part of 2 hrs of my morning at the bus stage / main street in Mpeketoni, waiting for a bus.
I was seated outside a kibanda, seeping water watching the going ons, but mostly listening to the sharp tongued and quick witted bajuni proprietor. A lady in her 50s but I lost count of the no. of ****-makos that came out of her mouth.
So all manner of travelling sales men passed by selling their wares, but the probox that caught my attention was an egyptian and his translator selling a cookware set.I'm sure you have seen them

What struck me was the price, 6 monthly installments of 5k. I witnessed them selling 4 and was left questioning whether I was the only poor person in that town. But the thing that really caught my attention is 2 people were left with the product without paying the first installment. They promised to pay next week.
Knowing Kenyans and their trust worthiness, I was perplexed at this business strategy. Quickly ran to google to find out how much they cost;

Mofos can afford to lose half their stock to bad debts and still be in business.

 

[Pseudonyms]

In short unatwambia tununue vitu kwa hio site.

Have you paid @admin to advertise here?

 

[bigDog]

Today I've spent the better part of 2 hrs of my morning at the bus stage / main street in Mpeketoni, waiting for a bus.
I was seated outside a kibanda, seeping water watching the going ons, but mostly listening to the sharp tongued and quick witted bajuni proprietor. A lady in her 50s but I lost count of the no. of ****-makos that came out of her mouth.
So all manner of travelling sales men passed by selling their wares, but the probox that caught my attention was an egyptian and his translator selling a cookware set.I'm sure you have seen them

What struck me was the price, 6 monthly installments of 5k. I witnessed them selling 4 and was left questioning whether I was the only poor person in that town. But the thing that really caught my attention is 2 people were left with the product without paying the first installment. They promised to pay next week.
Knowing Kenyans and their trust worthiness, I was perplexed at this business strategy. Quickly ran to google to find out how much they cost;
View attachment 79309
Mofos can afford to lose half their stock to bad debts and still be in business.

Those Mofos know they can always get a hasora who is too schupid to question the business model.

Wanjinga ndiyo wa..

 

[bigDog]

In short unatwambia tununue vitu kwa hio site.

Have you paid @admin to advertise here?

Nikuambie? Anyway, I will let you be

 

[upepo]

Today I've spent the better part of 2 hrs of my morning at the bus stage / main street in Mpeketoni, waiting for a bus.
I was seated outside a kibanda, seeping water watching the going ons, but mostly listening to the sharp tongued and quick witted bajuni proprietor. A lady in her 50s but I lost count of the no. of ****-makos that came out of her mouth.
So all manner of travelling sales men passed by selling their wares, but the probox that caught my attention was an egyptian and his translator selling a cookware set.I'm sure you have seen them

What struck me was the price, 6 monthly installments of 5k. I witnessed them selling 4 and was left questioning whether I was the only poor person in that town. But the thing that really caught my attention is 2 people were left with the product without paying the first installment. They promised to pay next week.
Knowing Kenyans and their trust worthiness, I was perplexed at this business strategy. Quickly ran to google to find out how much they cost;
View attachment 79309
Mofos can afford to lose half their stock to bad debts and still be in business.

They just need two installments to make their normal profit. The remainder is a bonus.

 

[shocks]

In short unatwambia tununue vitu kwa hio site.

Have you paid @admin to advertise here?

hehejeje, advertise crockery here, target audience being wakanyaks na @Cortedivoire
Najua umefikira hadi kichwa ikauma, but ended up ukionyesha you thinking capacity is quite low

 

[Field Marshal]

hehejeje, advertise crockery here, target audience being wakanyaks na @Cortedivoire
Najua umefikira hadi kichwa ikauma, but ended up ukionyesha you thinking capacity is quite low

We don't want peace! We need more vayolence!