Product Loans

Easy and affordable loans to help you with inventory.

We are committed to helping you build and grow your repair business. To do this, we are offering small loans to help you build an inventory of products at your shop.

Loan policies:

  1. Loans can only be used for products purchased through the Revivo website
  2. You can only have one loan at a time.
  3. The standard payment plan is one month, at an interest rate of 2% per month.
  4. Initial loan amounts you are approved for will be low, but as you pay back loans you will qualify for larger loans.

Steps to take out and manage a loan:

  1. When you are interested in taking out a loan call 0769403094.
  2. Discuss the products you are interested in getting with a loan, and the amount of money you need with our team.
  3. You will be either approved or not within 5 minutes.
  4. If you qualify for a loan, you then place an order through the website without paying.
  5. You will receive your products through shipping as normal.
  6. Within one month you will pay back your loan plus 2% interest.
  7. If you are not able to pay the loan back after 1 month, you will be charged an additional 1% interest per week until you pay back the loan.
  8. If there are any questions or concerns about the process you can call our customer service number any time.

Example loan process:

  1. John is a technician who runs a repair business. He wants to purchase 3 phone cases to keep in stock at his shop so they are available when customer needs them. He knows he usually sells 6-7 per month.
  2. He calls our customer service, and discusses his proposal with the agent. He is approved for a loan of 4,100 Ksh to buy the three phone screens.
  3. He places an order through the website for the three phone screens, but does not pay now.
  4. The phones are shipped to him using the normal process.
  5. He sells all three phones in the first month, and pays back the loan plus 2% of interest. He pays a total of 4,182 shillings.
  6. If he was not able to pay back some of the loan after one month he is able to pay back the remaining amount with an added interest of 1% per week.