Africa Journal - African Finances
Photo courtesy of james_michael_hill |
The first cultural difference that I've run into has been in booking airline tickets. When I booked some plane flights for internal travel in Africa I used a site call kulula.com. They have an option on their website to pay for your plane tickets immediately or in installments over 3, 6, and 9 months. This seems to suggest a different approach to managing money, because, of course, the credit card itself is supposed to offer the installment plan for anything you buy. Maybe Kulula offers it as a no-interest or low-interest loan? That would make the terms better than a credit card. Anyway, something different is happening with money. Does this tie into attitudes about micro-finance? Tip of an iceberg or just random service offered by kulula.com? |
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