The World Council of Credit Unions (WOCCU) says credit unions and financial cooperatives worldwide still face challenges in reaching out to unserved markets and vulnerable populations.

Digital banking platform Kwara has opened regional offices in Kenya as part of its expansion strategy. The company has placed permanent regional representatives in the Western, Central, Rift Valley and Coastal regions of Kenya. The company offers a digital banking platform that transforms existing credit...

CBK stated that the resumption of charges would be subject to review in line with principles announced in December 2020 of customer centricity, transparency and disclosure, fairness and equity, choice and competition and affordability.

and Borrowers previously “blacklisted” for amounts less than Ksh 1,000 will be “delisted.”

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

The pay-television company will provide StarTimes digital television sets at between 8% and 10% discount to all members of saccos.