Safaricom has issued a clarification explaining why M-Shwari is legally allowed to recover defaulted loans using funds held in a customer’s M-Shwari savings account. The clarification follows widespread complaints from Kenyans who reported that their M-Shwari savings were locked or unexpectedly deducted, raising public concern and debate on social media. According to Safaricom and its … Read more
In today’s fast-paced digital economy, mobile loan apps have become lifesavers for many Kenyans looking for quick, short-term credit. Whether you’re handling an emergency, a small business need, or a personal bill, these apps provide fast access to funds without the hassle of traditional bank loans. Here’s a comprehensive list of the top 10 best … Read more
A Payday Loan is a short-term, high-interest loan designed to help borrowers cover urgent expenses before their next salary or income payment. In Kenya, payday loans have become increasingly common, especially among salaried workers, small traders, and digital gig workers facing delayed payments, rising taxes, and a high cost of living. As political debates intensify around tax hikes, … Read more