Borrowyeng: mpesa loan apps and the plight of borrowing youth in Kenya

Fuliza loans has just hit one billion shillings daily. It got me thinking about the rate of borrowing in the country. My focus is not on the whole country though. My focus is on the youth, my peers, my schoolmates, anyone between the age eighteen and twenty five. Basically, everyone I know has an outstanding…

Timiza offers to pay ksh 2500 for every 250th person who repays their loan

Repay your timiza loan within the next 3 days and the 250th person stands a chance to get ksh 2500. Timiza app, a mobile banking service offered by ABSA has an offer this Easter period that will benefit their users.The app, which also offers short-term mpesa loans through timiza, offered to pay ksh 2500 to…