The Timiza loan app is an Absa Bank product that offers mobile loans to Kenyans. Timiza’s goal is “to provide a simple and convenient means of accessing credit for the masses.” The Timiza loan app offers various benefits, such as instant approvals, low-interest rates, quick repayments, convenience through mobile phone apps, and manageable repayment methods. … Read more
Microfinance Institutions offer small (micro) loans to customers who can not access conventional financial aid from banks. The nature and functioning of these institutions vary depending on the purpose and targeted groups. Some institutions are based on gender and strictly offer microfinancing services. Although they are an alternative to banks, some operate as extensions of … Read more
Logbook loans have become one of the most popular forms of quick financing in Kenya. With a car logbook used as collateral, borrowers can access up to 80% of their vehicle’s value within as little as 24 hours. Unlike traditional bank loans, logbook loans are fast, flexible, and ideal for individuals who need urgent cash … Read more