loans - Business Today Kenya

5 Ways Relatives Fleece Family Businesses and How This Can Be Avoided

by Samuel GitongaBusinessJanuary 23, 2020January 23, 2020

Just like corporates and medium sized organisations, family businesses can also be vulnerable to fraud

Six Most Popular Loans Offering Quick Cash

by BT ReporterMONEY & MARKETSDecember 28, 2019December 27, 2019

Micro-lenders are effectively filling the gap left by over-cautious commercial banks and saccos in the credit market.

Mwananchi Credit Closes 2019 on a High Note

by BT CorrespondentMONEY & MARKETSDecember 20, 2019December 20, 2019

Mwananchi Credit success saw it expand operations beyond Nairobi by opening a branch in Mombasa, as it seeks to tap the coastal market.

3 Credit Lines to Take You Through Christmas, New Year Celebrations

by BT ReporterSmart MoneyDecember 16, 2019December 16, 2019

With many providers of digital credit relying on CRB listing, it can be hard finding a reliable partner whenever you need a quick boost.

Mwananchi Credit Revolutionizes Lending With Quick Loans

by BT ReporterSmart MoneyDecember 7, 2019December 7, 2019

Demand for loans in Kenya is growing and so is the number of micro-lenders providing targeted credit products to meet the different needs of their customers.

Mwananchi Credit Enters Mombasa, Sets Sights on Six Towns

by BT CorrespondentBusinessDecember 3, 2019December 3, 2019

The Mombasa office seeks to tap the coastal lending market ahead of the Christmas and end-year festive season.

Company to Scrape Your Phone Data to Rate You For Loans

by Hakeenah N. NjengaTECHNOLOGYOctober 2, 2019October 25, 2019

CredoLab collects more than 50,000 data points from a customer’s smartphone through a state-of-the-art propriety mobile technology

Tala’s Sudden Exit From Tanzania Sends Chills in Digital Lending Market

by BT ReporterBusinessSeptember 18, 2019September 19, 2019

In a statement, the management said Tala Tanzania “has not made a decision to permanently close operation but was reviewing its operations.”

The Next Financial Crisis Likely to Hit Kenyan Banks

by BT CorrespondentAnalysisAugust 28, 2019August 28, 2019

A combination of stiff international financial reporting standards, slowing economy and the rates cap law have hit the bottom lines of many lenders.

Tala Secures Sh11bn Funding to Roll Out New Products

by BT CorrespondentSmart MoneyAugust 22, 2019August 22, 2019

Tala was launched in Kenya in 2014 and became the first in the world to offer unsecured loans via smartphone.