Mobile loans in Kenya
![Capturing market share will be a tall-order for Telkom, whose mobile money service T-Kash commands a mere 0.1% of the market according to CBK data. [Photo/ TechArena]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/06/images-2022-06-27T114817.508.jpeg?fit=640%2C480&ssl=1)
Telkom Challenges M-Shwari Dominance With New Mobile Loans
With the new product, Telkom will be looking to compete with Safaricom, which has market-leading mobile lending products in M-Shwari, KCB M-Pesa and...
MARTIN SIELE2 Mins read
Safaricom’s New 5% Loan Offer – All the Details of Halal Pesa
The five percent margin makes Halal Pesa a cheaper source of credit than M-Shwari - another Safaricom mobile loan product offered in partnership...
MARTIN SIELE1 Mins read
Govt to Help Pay Mobile Loans for Defaulting SMEs
In the event of default of the loan the Treasury will cover 25 percent of the credit.
MARTIN SIELE2 Mins read
What New Mobile Loans Bill Means For You
The bill places digital lenders under the ambit of CBK much like commercial banks, saccos and micro-finance institutions.
MARTIN SIELE2 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://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/07/earnin.jpg?fit=680%2C381&ssl=1)
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
End of an Era? Loan Apps in Kenya Face Closure Over New Bill
In one of the biggest changes proposed in the bill, meant to curb the high interest rates offered by the apps - CBK...
MARTIN SIELE2 Mins read
Easy Mobile Loans Return to Haunt Kenyans With Huge Debts
In 2018, there were 7 million active mobile phone loan accounts valued at over Ksh60 billion
Samuel Gitonga1 Mins read
