Author Topic: M-Shwari- 134 b deposits 24 billion loans 9 million customers ..amazing stuff  (Read 2149 times)

Offline gout

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amazing stuff 97 % repayment rate......  in 6 months I can now borrow 7K - for Kenyan that is good safety system and even working capital for our small businesses  ..easy to build a MShwari profile

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seems Safaricom has also learnt from success on MKopa solar with this MKopa simu thing

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Safaricom said that it has sold 6,500 mobile phones in the last one month under the Smart Loan product which allows subscribers to purchase smart devises through monthly instalments.

Under the scheme, customers pay 30 per cent of the cost of the device upfront and settle the balance in instalments of up to six months.


http://www.businessdailyafrica.com/M-Shwari-lending-more-than-triples/-/539552/2594860/-/frnmgkz/-/index.html
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline RV Pundit

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Indeed.