Tues 9th August 2022, Election Day
Microlenders such as Faulu Microfinance Bank, Maisha and Rafiki Microfinance Bank Limited took the largest loss positions of Sh522 million, Sh178 million and Sh153 million respectively.The industry has faced stiff competition from mobile lenders amid increasing uptake of financial services through mobile, a shift also pushing commercial banks to adopt digital solutions to widen their reach.
Fuliza has to be stopped.QuoteQuoteMicrolenders such as Faulu Microfinance Bank, Maisha and Rafiki Microfinance Bank Limited took the largest loss positions of Sh522 million, Sh178 million and Sh153 million respectively.The industry has faced stiff competition from mobile lenders amid increasing uptake of financial services through mobile, a shift also pushing commercial banks to adopt digital solutions to widen their reach.https://www.businessdailyafrica.com/bd/corporate/companies/microfinance-banks-pre-tax-losses-cut-to-sh877-million-3848652Mauritius inc Branch's acquiring a MFI? Quotehttps://www.kbc.co.ke/branch-acquires-majority-shareholding-in-century-microfinance-bank/
Everyone should be allowed to use M-pesa to launch their Fulizas -with variable interest rate.Mpesa need to be made a platform.Then MFIs should all be linked to it.Fuliza is great because it strongly linked to M-pesa - they can deduct from account directly.The playing field has to be levelled.Quote from: gout on June 16, 2022, 07:55:56 AMFuliza has to be stopped.
Fuliza has to be stopped.
This is clearly your stuff I remember Idd Salim always making noise to have MPesa API opened up for developers. Guy had his Mpesa blocked at some time. Now all his ideas are implemented while he died a frustrated fella. At a great $ cost to all sort of mzungu wannabes.Quote from: RV Pundit on June 16, 2022, 08:00:00 AMEveryone should be allowed to use M-pesa to launch their Fulizas -with variable interest rate.Mpesa need to be made a platform.Then MFIs should all be linked to it.Fuliza is great because it strongly linked to M-pesa - they can deduct from account directly.The playing field has to be levelled.Quote from: gout on June 16, 2022, 07:55:56 AMFuliza has to be stopped.
Notion that West sneezes we all catch colds is inferiority complex. Their inflation surge is result of COVID19 stimulus. They chose to protect people at risk of inflation. We did not. Uhuru ignored my Lifeline Fund proposal because of #FulizaDebtBondage conflict of interest. https://t.co/lsvaH30lsT— David Ndii (@DavidNdii) June 23, 2022
Notion that West sneezes we all catch colds is inferiority complex. Their inflation surge is result of COVID19 stimulus. They chose to protect people at risk of inflation. We did not. Uhuru ignored my Lifeline Fund proposal because of #FulizaDebtBondage conflict of interest. https://t.co/lsvaH30lsT
One thing about Uhuru is that he has taken many insults and never let it get to him. KUDOS!!!
Bado, they will be calling press conferences from Ichaweri by next year together with mama crying ile mbio watapelekwa.
Consumers of spirits like whisky, gin and rum are the hardest hit with duty per litre climbing 20.31 percent to Sh335.30 after the House rejected a recommendation by Finance and Planning Committee to spare alcohol from higher taxes this fiscal year.Duty on beer has also gone up by 9.97 percent to Sh134 per litre, wines by 9.99 percent to Sh229 per litre, while fruit and vegetable juices will increase 9.29 percent to Sh13.30.
They better let hasla start working. These subsidies need to Kenyatta's account. Must have been diverted to campaigns and pandora. Baba might have quite a lot of cash lying around in Oponda too.https://www.the-star.co.ke/business/kenya/2022-08-20-fuel-supply-cut-looms-as-marketers-demand-sh65-billion-debt/
Unga back to 200+ for 2kg packet, looming sugar shortage plus fuel dealers demanding 65 billion....
Quote from: patel on August 21, 2022, 04:25:30 PMUnga back to 200+ for 2kg packet, looming sugar shortage plus fuel dealers demanding 65 billion....I wish he moves faster to spell out policies embracing law and order - no hustling from govt coffers (Corruption), otherwise things will go downhill.
