This year, Google Play Store adopted a new policy requiring loan apps in Kenya to be approved by the regulator, the Central Bank. This was meant to curb Kenyans from fraudulent loan apps. Earlier last year, the Central Bank had also required that these apps provide information on their sources of funds, to prevent bad players from illegal business … Read more
Loan Apps Without CRB Check: All lenders must know their customers and part of the process is checking whether a customer is a promising loanee. That is where the CRB comes in. CRB stands for Credit Reference Bureau, an entity mandated to collect information about your credit history and provide this to lenders. Last year, … Read more
There are several loan apps in Kenya that offer short-term mobile loans instantly. However, not all are convenient as some charge high interest and request registration fees. Well, this article will help you save time by highlighting the best loan apps in Kenya that don’t request registration fees. 1. Zenka Zenka is one of the best … Read more
Mobile Loan Apps; Since most people are unable to keep up with the interest that comes with bank loans, they have opted for mobile loan apps. There are no tedious processes to using mobile loan apps as compared to banks in receiving credit after applying for it. This article will show you the best money-lending … Read more
The digital Loan apps are getting fuller by the day with mobile lenders cropping up every other day. Startups are great yes, but. In Africa, especially Kenya, the desired ground zero for all things new business. How do we pick the wheat from the chaff? CBK has had to impose regulations on digital lenders by … Read more