digital loans

12 Articles
digital loans in Kenya
ECONOMYSMART MONEY

Digital Loans Hit KSh 76.8 Billion, Attracting 27 More Lenders

Majority of this cash used to cater for school fees, projects, personal needs and purchase assets 

Safaricom Loans - CRB Listing Fuliza
BUSINESSSMART MONEY

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...

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]
ECONOMY

Digital Loans to Flow Once Again as CBK Backs Apps’ Return to CRBs

Central Bank of Kenya (CBK) Governor Patrick Njoroge has called for digital lenders to be allowed to resume reporting loan defaults to Credit...

CBK Governor Patrick Njoroge on harnessing digital finance in Kenya
OPINION

CBK Governor on Harnessing the Promise of Digital Finance

On August 26, 2020, the United Nations Secretary General (UNSG) António Guterres launched the report of his Task Force on Digital Financing of...

Car loans
SMART MONEY

New Loan Product Offers a Lifeline to Squeezed Borrowers

Secured loans provider Mwananchi Credit has launched a new product that seeks to help customers effectively manage their loans without straining themselves. The...

Notes in a wallet. Many Kenyans turned to entrepreneurship following the onset of the Covid-19 pandemic.
SMART MONEY

Mwananchi Credit Offers Interest-Free Loans to Cushion Kenyans Amid Covid-19 Fears

Mwananchi Credit has joined organizations responding in kind to the Coronavirus pandemic in Kenya by introducing interest-free loans for new customers and rebates...

Private Equity firms in Kenya www.businesstoday.co.ke
OPINIONSMART MONEY

Private Equity Has Failed Sub-Saharan Africa

African private equity firms raised less than $20 billion in the decade to 2018, equivalent to just 2.5% of the capital raised by...

Kenya shilling new notes www.businesstoday.co.ke
SMART MONEY

Mwananchi Credit Unveils Weekend Loans for Loyal Customers

Mwananchi Credit, Kenya’s leading micro-lending credit company, has launched a new product dubbed Weekend Loan billed to revolutionize how Kenyans spend during weekends....

Mwananchi Credit Loans in Kenya www.businesstoday.co.ke
MARKETS

Six Most Popular Loans Offering Quick Cash

The Kenyan credit market is awash with various loans, the most popular being digital loans dished through mobile apps. More credit is, however,...