All about loans in Kenya
Mshwari is one of the most widely used mobile loan services in Kenya. It is not just a lending platform but a paperless banking service that allows users to save in addition to borrowing. Saving money through Mshwari earns you a 6.65% interest per annum. You access loans of a […]
This account allows you to lock a specific amount of cash for a period of up to 12 months. How does it work? Access M-PESA menu Select Loans and Savings Select KCB M-PESA Select Fixed Savings Account Select Fixed deposit Open Account Select the source of funds; M-PESA or KCB […]
KCB MPESA is another mobile money lender affiliated with Safaricom although it is owned by the Kenya Commercial Bank. KCB M-Pesa also enables you to save, thus enabling you to borrow. KCB M-Pesa can be accessed through the M-Pesa menu on your phone, so you must have a Safaricom sim […]
M-Pesa is a mobile based banking service that allows users to store and transfer money through their mobile phone. M-Pesa was launched by Safaricom and Vodacom in 2007. M-Pesa is a combination of two entities in which M means mobile and Pesa means payment in the Swahili language. The procedure […]