Hire Purchase Software for Phone Shops in Nigeria, Kenya and Ghana

In Nigeria, Kenya, Ghana and many other African markets, phones, TVs, generators and motorbikes are often sold on hire purchase or "pay small small" — a deposit, then regular payments until the item is paid off. Some of this goes through phone-financing companies and lenders, but many independent shops still run their own instalment sales for trusted customers.

Running your own instalments can win customers who can't pay in one go. It only works if you know, every day, who owes what and who is late.

Shop instalments vs third-party financing

If a financing company or lender pays your shop for the phone, the sale is complete for you — record it as paid by bank transfer or mobile money. Only instalments your shop collects need a payment schedule in your POS. Keeping these apart gives you an honest picture of what customers actually owe you.

What to record on every instalment sale

• The exact phone, by IMEI.
• The customer's name, phone number, address and ID (for example NIN in Nigeria or national ID in Kenya).
• A guarantor's name, phone and ID — usually someone the customer works with or lives near.
• The deposit, number of payments, and each due date.
• Every payment received, whether cash, bank transfer or mobile money (such as M-Pesa), and who collected it.

Keeping recovery under control

1. Start each day with the list of payments due today and overdue.
2. Send a friendly reminder before the due date, not only after it is missed.
3. Contact the guarantor early — a week late is easier to recover than a month late.
4. Look at total outstanding balance every week, not just at month end.

Free hire-purchase tracking with MobiPOS

MobiPOS tracks instalment sales with deposits, weekly or monthly schedules, guarantors and a due and overdue list, inside a complete shop POS with IMEI tracking and stock. It is free for lifetime, with no limit on staff or branches, and it runs in the browser on any Android phone or computer.

MobiPOS doesn't process payments itself — you record cash, bank transfer or mobile-money payments against each instalment, so it works alongside whatever payment methods your customers already use.