Introducing new start-up Airfordable – where you pay for flights on layaway

Airfordable – makes air ticket prices more accessible.

Suppose you wanted to take a holiday, but simply could not afford the airfare, in addition to the attendant costs that come with travel.

Enter, Airfordable – an online platform that allows users to pay for airline tickets in installments – or layaway.

In order for you to use the service, you will need to provide screenshot of your itinerary and some details of your trip and then place a deposit on the cost of the ticket – a percentage of the overall cost.
By taking the above steps, you have secured your plane ticket, and can then pay the remaining balance in installments.

How does Airfordable generate revenue?

Airfordable charges a one time upfront fee on the price of the ticket. One does not need a credit check in order to access and use the platform – a huge convenience to users.

The founders of Airfordable are Ama Marfo (the CEO), Craig Henry and Emmanuel Buah.

According to Marfo, the idea behind the platform, was as a result of her not being able to afford airfare to travel to her native Ghana, while she was a student at Drexel University in Philadelphia.

According to the interview she gave The Huffington Post, ““I wanted to see my family in Ghana during school breaks, but couldn’t afford the US$2,000 ticket,” she said. “I stayed in the dorm alone or with other international students who couldn’t go home. Because of this personal frustration, I set out to determine how to make travel more accessible.”

In the process, she teamed up with co-founders Henry and Buah, and created the platform.

According to Marfo, Airfordable is gaining traction rapidly, and in time will include micro loans for vacation packages and hotels.

Read more: TechCrunch