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Page 7 - Fuliza News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fintech loans leave a trail of pain in western Kenya

In western Kenya, it is no longer plausible to send cash into individuals’ mobile wallets without first confirming their debt status because you run the risk of bungling the transactions through.

Zephania khamasiKisumu kamasPaul opodaDennis oganaKevin mutisoSalome otienoAlfred oduorCentral bankKenya digital financial services association ofBranch internationalKoru girls high schoolKisumu countyJaramogi ogingaKenya digital financial services associationCentral bank of kenyaKoru girls high school

Households borrow Sh58bn in nine months on tough economy

Kenyans are relying on mobile loan facilities such as Fuliza, M-Shwari, and KCB-M Pesa for their daily spending needs.

Households borrowingCommercial banksMicrofinance banksCentral bank of kenyaCentral bank rateMonetary policy committeeM shwariKcb mpesaDigital lenders

Let s improve information sharing for a more vibrant credit market

The regulator should allow a reduction of the period over which bureaus hold negative data from five to two years.

Credit information sharingCredit marketBlacklist borrowersCredit information sharing association of kenyaCredit reference bureau

Key things DP Gachagua said in his powerful Citizen TV interview

Deputy president Rigathi Gachagua spoke to Citizen TV's Nipashe and Sunday Live touching on the State of the Nation among other important things.

Rigathi gachaguaWilliam rutoIvy chelimoSunday liveState captureDp rigathiDp gachaguaCitizen tvState of the nationRiggy gHttpst mes mpashokenyaMpasho telegramKenya policeAdio africaPasho tv

Good news for Fuliza borrowers as Safaricom slashes costs

Safaricom has retained the one percent access fee on all borrowings.

Peter ndegwaM shwari

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