StarTimes Media and Equity Bank have today signed a Memorandum of Understanding (MOU) that will see the bank’s customers across the country access soft loans that will enable them acquire approved digital television set top boxes from StarTimes and repay through a flexible six month installment plan.

Through this partnership, Equity Bank customers will have access to a soft loan of up to Ksh 5,000 enabling them acquire either a StarTimes Free to Air set top box that is currently retailing at Ksh 4,999 or the Pay Television option currently retailing at Ksh 3,499 both of which will be inclusive of a one month Unique Plus Bouquet offer that retails at Ksh 2,499 giving them access to over 70 Premium television channels.

The partnership is aimed at enabling more Kenyan households to acquire set top boxes ahead of the analogue television signal switch off whose first phase is expected to kick off on December 13th with the rest of the country expected to have migrated by 30th June 2014.

The cost of set top boxes range between Ksh 4,000 to 6,000 depending on the functionality.