Project Tags

Marketplace Microfinancing

Mobile commerce & financing

Uganda

In Uganda, B2C end-consumers buy cement products to start private construction projects (e.g. building family houses). However, often the necessary funds for financing such projects are not easily accessible. That’s why LH Startup MAQER together with Hima Cement kicked off a startup project with Xente, who offer an e-commerce platform with a pay-later option during the checkout. 

This allows for a dual-purpose pilot project: Firstly, LH Startup MAQER is able to test the demand for LafargeHolcim products in an online environment. Secondly, a new consumer segment is addressed by enabling people to buy products on credit through an easy low-bureaucracy application process.

Facts & Figures

  • 85% paid with alternative payment methods (e.g. eWallet)
  • Project with Xente indicated that customers are willing to buy LH products online