All about loans in Kenya
It is becoming increasingly complex worldwide to secure employment opportunities without a diploma or a university degree. At most times, it is even more challenging for a student to complete their education due to the high cost of education involved. As a result of this issue, every parent, guardian, and […]
Do: Check your credit reports Your credit score and credit history are major determinants in how you receive on a personal loan. Banks use credit as a barometer for risk. If you have made payments in a timely fashion before, then you are more likely to repay your loan. Therefore, […]
Minimum and Maximum Amount You Can Borrow When choosing a personal loan product, you also need to consider whether the minimum and maximum loan amount given matches your needs. One thing you need to keep in mind when it comes to the minimum and maximum loan amount is that bigger […]
How to access student loans is what every student should learn how to do in case of any future emergency. Education is an investment, and it is often worth it to borrow money to finance your studies. If you cannot pay for college through scholarships and work-study programs, you may be required […]
How do you get a penalty waiver for HELB? One of my plans was to wait for HELB to announce a waiver, in which case I would liquidate one of my short-term investments and use the money to clear my loan. One of the things I noticed about the new HELB students’ portal and […]
You have finally decided to venture into business, or maybe decided to buy land and are now looking for a bank loan. What factors do you consider before taking that loan? Do you look at the interest rates? Do you look at the repayment period? Taking a loan in Kenya […]
Personal loans are a great way to raise money for various needs, such as starting a business, purchasing an asset, consolidating debt, or dealing with an emergency. However, this doesn’t mean you should walk into the first financial institution you come across and apply for a personal loan. Taking a […]
For those who don’t have enough money to start a business, Mwananchi Credit is a microfinance institution that provides loans and other financial products. They can help you with an overdraft facility if your bank account has fallen below the limit you set. It’s relatively easy to apply for an […]
It is said that investing in land is a sure way of securing one’s future. For first-time land buyers, investing in land can be a daunting process. It, however, does not have to be. Now, anybody can buy land thanks to mortgage financing in Kenya. Therefore, what is mortgage financing […]
A loan is a sum of money that is borrowed by one party from another and is to be paid back with interest. Whether you’re looking at purchasing a car, starting a business, or consolidating your debts, it’s important to know about all of your options. In Kenya, the formal financial […]