Dive into our Finance section for savvy tips, insightful articles, and the latest trends in money management. Whether you’re budgeting, investing, or seeking financial freedom, we’ve got the tools and advice you need to thrive in Nairobi’s dynamic economy. Empower your financial journey with us!
A money market funds are a type of unit trust fund or a mutual fund that invests in low-risk and short-term debt securities. It is an investment that is ideal for low-risk investors who desire stability and security for the capital invested. Money market funds in Kenya are regulated by the Capital Markets Authority (CMA). In no … Read more
You might have seen Mwananchi Credit adverts on TV with Jalan’go as their brand ambassador. Or their animated character “Sospeterson” who uses humor to portray the affordability and accessibility of the company’s services. To most, the company seems to be a new one but it has been in existence for the past 11 years offering secured loans … Read more
Opening an account with a Cooperative bank account is normally a straightforward process that may require different documentation depending on your preferred account type. For example, while a savings account may require applicants to only submit their national identity card/passport (both original & copy) and a copy of their KRA pin, other accounts like salary accounts require additional documents … Read more
With the PesaPap loan app, customers can carry out transactions from their bank accounts from the comfort of their smartphones. The app, which is available in all versions, Android, Windows, iOS, and Blackberry, allows one to pay bills such as Water and Power bills directly from their account. However, having the app does not require … Read more
MOGO Kenya is part of the Eleving Group, an international FinTech company operating in 15 countries on three continents. MOGO loan provides financing options for used cars, logbook loans, Boda Boda, and Tuk Tuk loans at affordable rates. Types of Loans offered by Mogo Mugo offers secure loans to finance your car, Boda Boda or Tuktuk … Read more
The branch loan app is a short-term mobile loan lender offered by Branch International to users in the following countries; Kenya, Nigeria, India, and Tanzania. The loan app was introduced to the Kenyan market in 2015 and heavily relied on Safaricom M-Pesa to deliver its loans to thousands of its users. Today, Branch has grown … Read more
TiFi Slice loan app is provided by TiFi Slice. The TiFi Slice loan app can be downloaded from the Play Store, is accessible to all Kenyans, and has over 10K+ downloads with a 4.5/5 star rating with 200+ reviews. The App Offers loans Starting from a Minimum of Kshs. 3,000 up to a maximum of Kshs. … Read more
KopaKash Loan App: Mobile loans have become more popular for customers seeking quick loans. Unlike over-the-counter loans, mobile loans offer convenience and flexibility. Take for example if one had an emergency; that requires financial attention, over the weekend and on public holidays when most banking halls are closed! Such an individual will suffer a great … Read more
JumboPesa Plus loan App: Mobile loans have become more popular for customers seeking quick loans. Unlike over-the-counter loans, mobile loans offer convenience and flexibility. Take for example if one had an emergency; that requires financial attention, over the weekend and on public holidays when most banking halls are closed! Such an individual will suffer a … Read more
Hustler Fund Data Privacy: The Hustler Fund is Ruto’s $410 million loan project meant to lift millions of Kenyans out of poverty through his bottom-up economic model. In a country where only 9% of the workforce has a stable income—39% of Kenyan youth are without jobs—such an offer carries huge potential. However, citizens and data privacy experts alike are now worried about … Read more
Repay Hustler Fund Loan: In the first phase, the Hustler Fund will provide loans ranging from a minimum of Sh500 to as high as Sh50,000 at an 8 percent pro-rated basis or a daily rate of 0.002 percent. The loan should be repaid within 14 days. Kenyans can access the funds using the USSD code … Read more
Haraka Loan App is a product of South African giant online lender Getsbuck. Haraka is not just in Kenya but also in South Africa, Swaziland, Uganda, and Zimbabwe. This mobile app doesn’t directly lend you money. No! It doesn’t! It, however, offers access to reputable lenders who can lend to you. So, Haraka is a loan … Read more
Since Safaricom introduced Fuliza Loan, it has helped many Kenyans to complete their transactions without having enough money in their account. You can not withdraw this money but you can send them to someone or use it to pay bills. This is an overdraft you are given and you are required to pay it as … Read more
Hustler Fund Loan Defaulters: The long-awaited Hustler Fund, which the Kenya Kwanza administration has touted as a relief to millions of Kenyans who could not access credit after having been blacklisted by various credit rating agencies, is finally here. The fund will offer Kenyans loans from a minimum of Ksh.500 to as high as Ksh.50,000 at … Read more
The fund is a digital financial inclusion initiative designed to improve financial access to responsible finance for personal, micro, small, and medium-sized enterprises (MSMEs) in Kenya. According to the Ministry of Cooperatives and MSME Development, borrowers will be able to apply for the Hustler Fund loan through USSD code *254# and on the mobile apps of Safaricom, Telkom, and … Read more
Hustler Fund Kenya is set to deliver affordable loans to micro, small and medium enterprises (MSMEs) as promised by His Excellence President Dr. William Samoei Ruto during his campaign time. The fund will be allocated a total sum of KES 50 billion (US$ 419 million) which all go to the hustlers across the nation in … Read more