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SAFARICOM FOUNDATION MICRO LOAN FUND
The Empowerment Fund Application Process Applicants must undergo business training with either Hand in Hand International or Junior Achievement and …Continue Reading
SAFARICOM FOUNDATION
MICRO LOAN FUND It is a micro lending Fund for Kenyans disbursed through Safaricom Foundation’s partners – Junior Achievement Kenya …Continue Reading
ZAWADI KENYA LIMITED
Zawadi Kenya is the premier online provider of same-day cash advances in Kenya. Zawadi Kenya is helping hard-working Kenyans across …Continue Reading
OKOLEA
The Kenyan lending app with a twist. Once again, another lending app has been launched in Kenya. With the likes …Continue Reading
Hottest Mobile Loan In Kenya This Month
Tala is a California-based finance application in Kenyan market that provides credit through your mobile phone. All with low charges and an easy repayment schedule. Tala disburses loans via M-pesa of up to Kshs.50, 000. It was formerly known as Mkopo Rahisi before it was upgraded and rebranded to Tala. With the latest version you can see new features such as checking your credit limit and also seeing customers’ success stories. Once you download Tala you are asked to scan your M-pesa SMS and other information for verification of your identity and creditworthiness. This ensures that you are given a fast loan.Eligibility for the loanThe Android app collects data from the applicant’s mobile phone such as call patterns and mobile money history to build a credit score. The average loan is Kshs.10, 000 but first time applicants are given Kshs.2, 000 and have to build their profiles over time.
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What you Should Know Before Taking a Loan
People take loans for various reasons, like purchasing costly items or refinancing a debt. Borrowing money will surely affect your finances in the future and hence before you sign on taking a loan you should ensure that you are aware of the following…
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Many people say that they would love to pay off their loans quickly but they are not sure of the best way to do it and where they should start. Hence here are various tips to get you started on paying off your loans…
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The unsecured personal loan with bank of Africa ranges from Kshs.50, 000 up to Kshs.2, 000,000. For the people who are salaried with a minimum amount of Kshs.25, 000. The repayment duration ranges from 12 months to 48 months. The response is given to you within 48 hours.
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