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Loans Company Boss Narrates How Aspiring MP Robbed Him

Mwananchi Credit Ltd director Dennis Mombo on Wednesday 25th May 2022 recreated the scene of how his next-door neighbour allegedly robbed him of Ksh300,000 valuables seven years ago. See >> Two Million Kenyans Blacklisted For Defaulting On Loans Mr Mombo, who runs Mwananchi Credit Ltd, a...

Mwananchi Credit Launches Election Campaign Loans

As the race towards the general elections in Kenya heats up, Mwananchi Credit has launched a special 'political fund‘ to offer political candidates loans to run their campaigns. Dubbed 'Mheshimiwa Loans', these are specifically customised to be attractive to politicians vying for various seats. Among the...

Mwananchi Credit Cuts Interest Rates, Waives Covid Penalties

Mwananchi Credit is reviewing downwards its risk profile to accommodate more people in the emergency financing solutions. Mwananchi Credit was the first and currently the only micro-finance institution to adopt the risk-based lending model. This way, customers negotiate interest rates based on their risk profiles.

Micro-Finance Lender Plans Nationwide Rollout

Mwananchi Credit Limited has announced an ambitious plan for a nationwide branch rollout to widen credit access to thousands of Kenyans especially in the additional product line of Title Deed Loans. The micro-finance company , headquartered in Nairobi, currently has three branches in Nairobi, and...

Mwananchi Credit Extends Repayment Period For Civil Servants Loans To 8 Years

Civil servants and TSC members will now have up to 96 months to pay their loans, a major relief from the previous 72 months.

Mwananchi Credit Ranked Best Logbook Financier for Second Year

Mwananchi was awarded as a market leader in the car financing segment and its efforts to keep lending in spite of the Covid-19 pandemic.