Housing Savings and Credit Cooperatives (SACCOS) play a significant role in Kenya’s real estate sector, providing affordable financing options for individuals seeking to own homes. These cooperatives allow members to save money collectively and access loans at favorable interest rates. The country has numerous housing SACCOS, but here we present the top 10 best housing … Read more
SACCOs provide a platform for individuals and businesses to pool their savings and access affordable credit facilities, fostering a culture of savings and financial inclusion. Over the years, several best SACCOs have distinguished themselves by demonstrating strong financial performance, excellent customer service, and innovative product offerings. These SACCOs, include Stima SACCO, Hazina Sacco, Imarika SACCO, … Read more
In today’s competitive job market, individuals strive to secure careers that not only fulfill their passions but also offer lucrative financial rewards. For many, the pursuit of a high paying jobs in Kenya is a paramount goal, providing financial stability and the ability to enjoy a comfortable lifestyle. In Kenya, a vibrant and dynamic country … Read more
On average, the annual interest rate for the Kenyan top 10 most expensive bank loans is within a range of 13.8% – 14.5% for the various categories of loans offered. This is approximately 7.0% points higher than South Africa’s average annual rate which stands at 7.5% and 11.2% higher than USA’s 3.3%. However, Kenya’s average … Read more
Garbage Collection stopped being a thing of the government once the service was devolved in Kenya. Since then, private entities have come in to offer the service to towns and estates alike. With those changes, many Kenyans have stepped forward to take up the opportunity and exploit the market gap. Do you know what all … Read more
Starting a business with limited capital can be challenging, but it’s not impossible. In Kenya, there are numerous opportunities to launch a profitable venture with as little as KES 20,000. Whether you’re looking to supplement your income or build a full-time career, this article explores the top 11 businesses to start with KES 20000 in … Read more
Mpesa is a mobile money service that allows users to send, receive, and store money on their mobile devices. Mpesa transaction charges vary depending on the amount of money being sent, the type of transaction, and the destination of the transaction. The service was launched in 2007 by Safaricom, a leading telecommunications provider in Kenya. Since … Read more
Online fundraising platforms have become increasingly popular in Kenya over the past few years. They offer an easy way for individuals and organizations to raise money for various causes, including medical expenses, education, disaster relief, and more. In this article, we will explore some of the most popular online fundraising platforms in Kenya. 1. M-Changa … Read more
A Check-Off loan is a type of loan that is repaid by deducting installments from the borrower’s salary or income before it is paid out to them. This type of loan is popular in many countries, including Kenya, where Faulu Microfinance Bank Kenya offers corporate Check-Off loans to eligible borrowers. Faulu Bank Kenya is a … Read more
The Kenya Revenue Authority (KRA) eTIMS (Electronic Tax Invoice Management System) is a digital platform designed to streamline tax compliance for businesses and individuals. eTIMS replaces the traditional manual invoicing system, ensuring real-time tax invoice processing, enhanced transparency, and compliance with Kenya’s tax regulations. In this guide, we’ll walk you through how to access the … Read more
The Digital Lenders Association of Kenya (DLAK) is a non-profit organization that represents the interests of digital lending platforms in Kenya. The association was established in 2019 to promote responsible lending practices, protect the rights of borrowers, and advocate for a conducive regulatory environment for digital lending in Kenya. In this essay, we will discuss … Read more
Starting a business in Kenya requires some basic steps to be taken, which include: MUST READ: Top 5 Best Rehabilitation Centers in Nairobi Contact & Cost Starting a business in Kenya can be a challenging process, but following these steps will help you navigate the process successfully. Process to Register Business In Kenya To register … Read more
Sidian Bank is one of the leading banks in Kenya, offering a wide range of financial services to individuals and businesses. One of the most convenient services offered by the bank is the ability to make payments through Sidian Bank Paybill number. Sidian Bank Pay bill number is 111999. This is the number that you … Read more
EQUITY Bank FRAUD!! Maxwell Lawrence Muyonjo is the latest confessor about the suspected Equity Bank fraud at Equity bank Uganda. He lost Shs 30.6 million. And to top it off, they even applied for an shs500,000 instant loan and also took it. He feels the bank’s insiders know one or two about how it was … Read more
NCBA Group launched a KES 2 billion financing for electric vehicles as some customers began to shift towards battery-powered cars due to advocacy for addressing climate change and the rise of global oil prices. A statement from the lender revealed that the financing, intended for both personal and public transportation vehicles, was part of their … Read more
JUMO, a technology company building next-generation financial services for emerging market entrepreneurs, has hired former Kenyan ICT Minister Joe Mucheru as President. In this new role, Mr. Mucheru will support the company to deliver its growth goals, navigate the regulatory landscape, and build the firm’s presence across the African continent. “JUMO is revolutionizing the lending … Read more