Equity Bank Kenya Archives

Faraja Loan: Zero-Interest Ksh100k Lipa Na M-Pesa Credit Guide (2025)

June 13, 2025June 22, 2023 by amosgitobu

Ksh100k Interest-Free Lipa Na Mpesa Loan Will Work

Kenya’s digital lending space has a new disruptor—the Faraja Loan, a Ksh100,000 interest-free credit facility approved by the Central Bank of Kenya (CBK) and powered by Safaricom’s Lipa Na M-Pesa platform. Launched in partnership with EDOMx Ltd and Equity Bank, Faraja allows shoppers to buy goods instantly and pay later within 30 days without interest. This guide covers how Faraja works, its benefits, repayment … Read more

0 Shares

Equity Life Assurance Kenya (ELAK) General Insurance Business

November 29, 2024May 15, 2023 by amosgitobu

Equity Bank Group has received approval in principle to set up a general insurance business. The initial approval has been granted by the Insurance Regulatory Authority. “The Board of Equity Group Holdings is happy to announce that it has received in-principle approval from the Insurance Regulatory Authority (IRA) to set up a General Insurance Company,” the bank … Read more

0 Shares

Equity Bank SMS Alert Charges

April 29, 2023 by amosgitobu

According to Equity Bank’s social media posts, these SMS alert charges were implemented two days ago (April 24). Equity did not inform its customers of these SMS alert charges, and many discovered it after making transactions. “We have introduced a standard SMS alert charges of Kshs. 2.26, effective 24th April. The charge applies to mobile and … Read more

0 Shares