All about loans in Kenya
When this year began, we had 2 financial goals: To put as much money as we could towards my debt freedom. To get my monthly passive income to match our monthly expenses. Yaaay! Goal one is officially done and dusted. All the money that we were putting towards debt payment will […]
Getting out of debt isn’t easy. Sometimes it takes all you have to keep up with monthly bills and save for a rainy day, let alone pay the minimum monthly payments on your credit card. Fortunately, there are plenty of ways to get out of debt that won’t make you […]
Unlike traditional money lenders whose loans come with stringent conditions, mobile loan apps are easily accessible to anyone with a mobile phone. They offer convenience, require no paperwork and provide instant results. Many young people are sold on this factor and that is one of the reasons why the appetite […]
Millions of people have used Loans to start and expand businesses, pay for school and cover emergency medical bills. But it’s important to remember that a loan is a financial tool. And like any tool, there are ways to get most out of it. Here are some tips to maximize […]
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 […]