digital loans
Digital Loans Hit KSh 76.8 Billion, Attracting 27 More Lenders
Kenyans had accessed 5.5 million digital loans amounting to KSh 76.8 billion as at the end of June 2025. Majority of this cash...
JACKSON OKOTH1 Mins read
4 Million Borrowers Freed From CRB To Escape With Safaricom Loans
Safaricom Chief Executive Officer (CEO) Peter Ndegwa has announced that the telecommunications firm is planning to remove four million customers who have been...
BT Reporter2 Mins read
![Among other things, digital lenders have been accused of exploitative lending, debt shaming, money laundering and illegal mining of private customer data. [Photo/ Cathryn Virginia | NBC News]](https://businesstoday.co.ke/wp-content/uploads/2021/07/earnin.jpg)
Digital Loans to Flow Once Again as CBK Backs Apps’ Return to CRBs
The suspension of digital lenders from CRB reporting had seen a massive decline in the volumes of loans they issued. According to the...
MARTIN SIELE2 Mins read
CBK Governor on Harnessing the Promise of Digital Finance
Harnessing digitalization to develop a citizen-centric financial system to accelerate financing for the SDGs requires the development of digital financing ecosystems
PATRICK NJOROGE4 Mins read
New Loan Product Offers a Lifeline to Squeezed Borrowers
Switch and Save enables customers unable to reach favourable terms with their lenders to transfer the credit facility to Mwananchi Credit.
BT Reporter1 Mins read
Mwananchi Credit Offers Interest-Free Loans to Cushion Kenyans Amid Covid-19 Fears
Existing customers servicing their loans will get rebates on repayment for one month, meaning they won’t pay interest for at least one month.
BONIFACE KASEMBELI2 Mins read
Private Equity Has Failed Sub-Saharan Africa
Yet the reality is that it may be the approach being taken by Sub-Saharan Africa’s PE investors that is causing them such poor...
Abhishek Mittal3 Mins read
Mwananchi Credit Unveils Weekend Loans for Loyal Customers
Processed in under 10 minutes, it is the fastest loan in its credit portfolio and arguably one of the fastest in the digital...
BT Reporter1 Mins read
Six Most Popular Loans Offering Quick Cash
Micro-lenders are effectively filling the gap left by over-cautious commercial banks and saccos in the credit market.
BT Reporter2 Mins read
