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Kenyan startup Watu Holdings, known for its buy-now-pay-later (BNPL) services, has seen its profits decline by 85% due to a rise in loan defaults in 2024. The company’s earnings dropped by 85%, falling to just $1.2 million from $7.6 million…
Safaricom has made it easier for small businesses in Kenya to get loans through M-PESA. They have introduced new credit products that are designed to help micro, small, and medium-sized enterprises (MSMEs) grow by giving them easier access to money…
According to statistics, over 80% of Kenya’s adult population embraces the convenience of “mobile money” services. This figure highlights the widespread reliance on digital financial solutions in the country. The Berry Loan app is one of the most convenient platform…
There are times when waiting for payday isn’t an option. It’s not about impatience; rather, it’s the urgency of bills that can’t wait. In such moments, when our financial reserves run dry, Kaelo Money loan steps in. So, what exactly…
Second-hand motorbike loans, also known as used motorbike financing, are financial products designed to assist individuals in purchasing pre-owned motorcycles. These loans are offered by various financial institutions, including banks, credit unions, and microfinance institutions. The primary objective of these…
Here’s a guide on how to apply for a temporary loan at Standard Bank. But before we go into the nitty-gritty, let’s examine some brief information about Standard Bank. Standard Bank was established in 1862 as The Standard Bank of…
You can borrow money and repay it using the Shika Loan app, an online lending platform, directly from your smartphone. For this reason, you can download an application to your phone, log in, and apply for a loan using it.…
Sun King, the world’s biggest off-grid solar energy company, has just gotten an $80 million loan to help bring electricity to 4 million homes in Nigeria. This is a big deal because Nigeria has one of the largest numbers of…
When it comes to quickly addressing urgent bills, resolving pending issues, and bridging the gap until payday, we turn to 9Credit. What is 9Credit? It’s a loan app that offers credit up to ₦100,000 within 5 minutes on your mobile…
The Mcoop Cash loan limit represents a crucial aspect of the borrowing experience for users of the popular mobile lending platform. As individuals seek financial solutions to meet their immediate needs and pursue long-term goals, understanding the intricacies of this…
