How to Fuliza
Fuliza is a voluntary registration M-Pesa service that enables one to complete a transaction through Lipa na M-Pesa or send money
Mobile money-lenders agree to waive late repayment fees
Association representing 17 major digital lenders in the country says they have agreed to waive late repayment fees to cushion borrowers.
How to game mobile money lenders to increase your loan limit
Kenya is awash with mobile money lenders, including Okash, Zenka, Mshwari, KCB-MPesa, Tala, Branch, Zidisha, Utunzi among many others.
The hushed downside of Kenya’s quick mobile loans
Over the past 10 years mobile-based lending has grown in Kenya. Some estimates put the number of mobile lending platforms at 49. The industry is largely unregulated but includes major financial players. Banks such as Kenya Commercial Bank, Commercial Bank of Africa, Equity Bank and Coop Bank offer instant mobile loans. These lending services have […]