Loans
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BUSINESS
Unregulated digital lenders in Kenya directed to cease operations
Kenya is home to more than 200 digital lenders that are providing people with easy access to loans of various…
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News
CBK releases list of companies licensed to offer digital loans in Kenya
The Central Bank of Kenya (CBK) has released a list of companies licensed to operate as Digital Credit Providers (DCPs)…
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News
Google has pulled down more than 2,000 loan apps from Play Store in India
Google says that it pulled more than 2,000 personal loan apps from Play Store in India for what the company…
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News
Telkom Kenya Joins the Mobile Lending Frenzy With T-Kash Loan
Mobile service operator Telkom Kenya is gearing to launch a mobile loan service to take a slice of the fast-growing…
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News
HELB to borrow 22 Billion for student laptops
The Higher Education Loans Board (HELB) has announced plans to borrow Sh.22 billion that will be used to facilitate university…
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BUSINESS
Equity adds some new features to its USSD service
Equity Bank has made some new updates to its USSD service (*247#). The bank says the newly updated USSD will…
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Opinions & Guest Posts
TEJPAL BEDI: Regulating digital lenders in Kenya: The benefits for consumers and industries
In 2021, President Kenyatta approved an amendment that gives the Central Bank of Kenya powers to license and oversee previously…
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News
Sidian Bank and FMO sign a Ksh.1.7 billion facility for MSMEs financing in Kenya
Dutch entrepreneurial development bank FMO and Sidian Bank have signed a Ksh.1.7 billion NASIRA loan portfolio guarantee to provide financing…
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News
TUNDE OLADELE: How banks can leverage technology to rebuild and maintain a healthy credit portfolio
The defining issue in the success of a bank is the quality of its loans. Yet Covid has torn through…
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News
Safaricom and HELB partner to launch M-Pesa student loans payment solution
Safaricom has today partnered with the Higher Education Loans Board (HELB) to roll out a smart mobile payment solution for…
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News
Phone Model, Mobile Internet and Missed Calls Might Determine Whether You Get Credit
Ever more personal data will in the future determine whether people can get a loan or buy goods on instalment.…
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BUSINESS
The business challenges of SMEs during this COVID-19 pandemic
The COVID-19 pandemic has not only taken a toll on the health sector; it has now become an economic crisis…
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BUSINESS
Equity Bank Receives $50 Million Loan from IFC to support Kenyan SMEs affected by COVID-19
IFC has announced a $50 million loan to Equity Bank Kenya to support local SMEs especially those facing COVID-19 related…
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BUSINESS
Ngao Credit: How SMEs can benefit from Our Jijenge loan product
The coronavirus pandemic is hitting the global economy hard. While it is hard to exactly tell the extent the damage…
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Opinions & Guest Posts
[Column] Mobile Lending – Non-traditional data in credit decision making
Retail lending in Kenya has taken a unique path. It has skipped some stages typical for developed markets and climbed…
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BUSINESS
#Business: Here’s how you can take advantage of Ngao Credit’s 20 months loan repayment product
If you have ever been in need of cash to take care of your business or an item you’re importing,…
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BUSINESS
Everything you need to know about Ngao Credit’s Jijenge Loan Product
In some cases, getting a personal loan in Kenya is desirable. You may want to start a small business, borrow…
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Startups
Branch raises Ksh 500M arranged by Centum-owned advisory firm, Barium Capital
All commercial paper issuances have been arranged by the Centum-owned advisory firm, Barium Capital. This latest investment will be used…
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BUSINESS
Visa partners with Branch to provide micro credit facilities to Visa merchants across Kenya.
Visa has announced a new partnership with international mobile financial services firm Branch to offer custom financing to Visa merchants…
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BUSINESS
Branch raises Ksh.350 Million to expand its loan product offerings in Kenya
Mobile loans company Branch International has raised Sh350m to expand its loan product offerings in Kenya. The commercial paper issuance…
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News
TransUnion Kenya’s Mobile Score Card to Clean up Mobile Loan Industry
As the mobile lending industry in Kenya continues to flourish, TransUnion recently introduced the TransUnion Mobile Score Card, which provides…
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