Finance


2 years ago

Features and Benefits of iBank banking service offered by Diamond Trust Bank (DTB)

Banking services in Kenya has been in the rise due to the demand created by the increasing number of Kenyans who have come to realize the benefits of banking services to them and their future. Banking has ensured that the people can be able to access various products beneficial to them offered by banks. For this therefore, banks have ensured that they invent new services that will ensure that their customers are satisfied by these services.

Diamond Trust Bank is one of the banks which have been recently established to offer banking services and from its establishment, it has ensure   Continue reading ...


2 years ago

How to register for M-KESHO Financial services and its Features in Kenya

Banking services in Kenya has been revolutionized by the use of modern technology that all the other sectors of economy are experiencing. Many banks have therefore incorporate the modern technology and used it to improve on their services quality. Many banks have introduced other banking services through technology and may include internet banking where the people can access their bank accounts and make any transaction from anywhere in the world through the internet, mobile banking services where people can access banking services through their mobile phones as well as has increased securit  Continue reading ...


2 years ago

Services Offered In Mwalimu National Sacco Kenya

Mwalimu Sacco Nairobi Branch is located in Co-operative house along Tom Mboya Street. The Sacco was started in the year 1974. It was formed under cooperatives Societies Act as a Sacco society with an objective of mobilizing savings to customers and providing credit services. The Sacco mainly targets TSC secretaries, TSC teachers in Secondary and other tertiary institutions and the staff of the Sacco. The Sacco has the vision of to become a World Class Co- operative financial Institution. The Sacco’s mission is to mobilize funds, Provide Credit and other financial Services to the custo  Continue reading ...


2 years ago

List Of Licensed Microfinance Institutions In Kenya

In Kenya Microfinance Institutions are licensed by the Central Bank of Kenya to mobilise savings from the general public, thus promoting competition, efficiency and access. It is, therefore, expected that the microfinance industry will play a pivotal role in deepening financial markets and enhancing access to financial services and products by majority of the Kenyans. Here is a list of licensed microfinance institutions; 

Faulu Kenya DTM Limited

Postal Address: P. O. Box 60240 – 00200, Nairobi

Telephone: +254-20- 3877290

Email: info@faulukenya.co  Continue reading ...


2 years ago

Front Office Activity Services (FOSA) Available In Hazina Sacco Society Ltd

In Kenya, there are many Saccos which tend to provide the best services in form of financial aid and banking services. They ensure that their members are comfortable with their services and that they are the major beneficiaries of these services. The Saccos therefore provide their members with opportunities that will offer financial assistance in any kind of situation and circumstances that the members could be trapped in. Hazina Sacco Society Ltd thus is one of the Sacco Limited in Kenya that provide the best financial assistance and development aid.

Hazina Sacco Society Ltd has en  Continue reading ...


2 years ago

Departments In the Kenya Revenue Authority

The Body was established in 1955 and is responsible for managing the nation’s income. The nation’s income is managed through the collection of taxes. It is not as simple as that since it involves five departments to make it successful. The body is operating in five regions in the country which include Central, Western, Rift Valley, Southern and Northern regions. It’s headquarter is in Nairobi. The departments are;

Domestic taxes department

It is consists of two divisions the income tax and the value added tax. The VAT replaced the sales taxes in 1990 to i  Continue reading ...


2 years ago

Mobile Banking Services offered by Equity Bank

Eazzy 247 this is a mobile banking service that gives the user the chance to access banking services of Equity through the use of a mobile phone. Eazzy 247 is accessible in the following networks: Airtel and MTN USSD, Safaricom, YU and Orange Airtel Moneymembers registered with Airtel money can access the Bank services through withdrawal and depositing and also checki. ng the account statements. It was launched in September 2011 as a commerce service by the legacy of Zap product.

M-PESA ATM Withdrawal The service is available 24 hours a day, it allows the M-PESA customers to withdra  Continue reading ...


2 years ago

Services And Products Of Hazina Sacco Society Ltd

Hazina Sacco Society Limited is a nationwide Savings and Credit Co-operative society which was early established and registered under the Co-operatives Societies Act with their main objective being to afford its members an opportunity to accumulate their savings, thereby creating a source of loanable funds. This Sacco draw its members from various Governmental ministries, Parastatals, Non-Governmental Organization (NGO) and the private sector where the interested individuals from this institutions register in Hazina Sacco Society Ltd kitty for the access of all the services offered.

Continue reading ...


2 years ago

Loan Products Offered By Kenya Women Finance Trust (KWFT)

Women and young girls in Kenya are viewed to be more vulnerable to most situations in a society. This makes them weak and not able to cope with the conditions that may take place in certain areas as compared to men. Women also are known to be well-off individuals who can develop the areas, as the society without women will be hard for survival. This has therefore made different financial institutions to provide the women with financial opportunities to develop their areas and business which will benefit them as well as the society.

Kenya Women Finance Trust (KWFT) is one of the fina  Continue reading ...


2 years ago

Transfer Services Offered by I&M Bank In Kenya

Banking in Kenya has become one of the most emphasized sector in the country for the safety and convenience of the bankers. This has seen the established of different banks which provide a lot of good and safe banking services. The banks have been able to embrace the advancement in technology to ensure that the banking services are fast and smooth in their transactions. Technology has also improved banking services which has seen the introduction of the internet banking services.

Kenya banks have therefore advanced in all level as known they have also used technology to enable them   Continue reading ...


2 years ago

Where And How To Get Personal Loans in Kenya

Personal loans are rife with pitfalls.Used correctly,they can save a significant amount compared to payday loans,overdrafts and pawnshops.Personal loan is a loan where you don’t put up any collateral,such as your house or your car,that the lender can reposses if you default.Because the lender has no guarantee for the loan other than your own reputation,you’ll have a higher interest rate other than you would with a collateralized loan.Since one is not putting up any collateral ,the loan terms will be based on your credit worthiness-your credit history,your income and what other d  Continue reading ...


2 years ago

Unique banking services offered by Ecobank in Kenya

Banking in Kenya is the most advanced mode of society in which the people have embraced and have ensured that their money are safe in the banks. Banks offer their customers the best services they can to ensure that their customers are happy and will view banking of their money beneficial to them than any other form of saving money. Most of the people in the society use banks for their savings and therefore they try to find the best banks that have high interest rate in order to get most out of the money.

Ecobank is therefore one of the banks which ensure that the people can be able   Continue reading ...


2 years ago

How to use MoneyGram Money transfer services and its benefits to Kenyans

Banking has become one of the critical aspects of life as there have been the emergence of theft which is of complicated mode. Most of the banking customers have been afraid to bank as they fear that their accounts would be hacked and lose their money. Those that bank ensure that they choose the most secure banks for the maximum security of their accounts and their money.

Advancement in technology has led to the emergence of other modes of banking such as online banking where you can bank money online and access their accounts anywhere anytime. Other banking institution have been es  Continue reading ...


2 years ago

How to open a Smart Banking transaction account in CfC Stanbic Bank and its Features in Kenya

Technology has made the life of many individuals easy and convenient all through. Many people who have been able to accept the revolution due to the advancement in technology and who have embraced the modes of lives accompanied by this advancement has been able to benefit from it. For instance, in the field of banking, technology has been able to make efforts in the introduction of paperless transaction in which the bank customers can use any services without the need of receipts or paper for approval of the transaction. Through the introduction of online banking, people are able to bank an  Continue reading ...


3 years ago

How to apply and Top-up the BebaPay Card for free in Kenya

In Kenya, many of the early modes of life have been changing drastically due to the advancement in technology. For example, earlier, people would be moving around with huge amounts of cash in their pockets but nowadays, people are carrying very little or no money. Instead they only carry and use ATMs, VISA cards or MasterCards to even do their shopping which are portable and secure.

From this therefore, Kenya have established a new form of paying for bus fare in most buses. They have introduced the BebaPay card which is used to pay for bus fare with ease and safely. It is convenient  Continue reading ...


3 years ago

Loans offered by the Cooperative Bank of Kenya

Many people in Kenya, salaried and non-salaried have different needs in some point in life. These needs could be urgent such as medical bills or school fees while others could not require fast actions. They make these people seek for a way of settling them by looking for money in different places. Most of the salaried individuals with bank accounts tend to take salary advances and loans from banks which they later pay after they get their salaries.

From this therefore, Cooperative Bank of Kenya understand this and have therefore incorporated their services to provide for different f  Continue reading ...


3 years ago

Features and Benefits of Online Banking offered by Equity Bank in Kenya

Most people who are employed or even have a source of income in one way or the other ensure that they have bank accounts to save this income for security purposes as well as to make the money attract interest. The bank accounts they have also enable them to access loans from these banks. Banking generally is therefore beneficial in many ways.

In Kenya, many banks have adopted the digital methods of banking which is majorly influenced by the technology available. Many banks have introduced different and new forms of banking such as mobile banking in which account holders can manage t  Continue reading ...


3 years ago

How to Withdraw Funds from PayPal through Equity Bank PayPal Withdrawal Services in Kenya

How to Withdraw Funds from PayPal through Equity Bank PayPal Withdrawal Services in Kenya

PayPal is one of the best e-payment services which enable swift, safe and secure online money transfer and has the lowest transaction fee. It enables people from almost any part of the world to receive and make payments internationally and is majorly used to make payments by the freelance gigs.

However, the major challenge mainly experienced by Kenyans with PayPal accounts is withdrawing their funds to their local bank accounts. This makes them to look for alternative withdrawal service  Continue reading ...


3 years ago

How to apply for the Orange Money Visa Debit Card in Kenya

Orange Kenya is a huge service provider in Kenya which offers communication and networking services to Kenyans affordable rates. This service provider has a lot of good offers which seems to favour people who cannot afford the high cost of communication. For instance, they provide fast and effective internet services which is cheap compared to other Kenyan service providers such as Airtel and Safaricom. Orange Kenya has ensured that their customers access free Facebook which enables many people to transact their businesses through Facebook thereby bringing along good profits.

Recent  Continue reading ...


3 years ago

How To Register As a National Security Social Fund (NSSF) Member and Make Contributions by M-PESA in Kenya

National Security Social Fund is a contribution platform in which people over 18 years and who are either employed by their employers or self-employed can register and start to make savings every month from their salaries for their brighter future life after retirement. This platform ensure that the contribution made by each member also attract interests along the way until it attains maturity when the member attain 55 years according to their registration details. After attaining the withdrawal period, the member can withdraw all their saving accompanied by their interests and use it for t  Continue reading ...


3 years ago

Contacts Of Central Bank Of Kenya

Central Bank of Kenya is located in Central Bank of Kenya Premises on Haile Selassie Avenue in Nairobi.

The Central Bank of Kenya postal address is P.O. Box 60000-00200, Nairobi.

Telephone contact of Central Bank of Kenya is (020)2860000. The email address of Central Bank of Kenya is comms@centralbank.go.ke.

The website of Central Bank of Kenya is at https://www.centralbank.go.ke/.

  Continue reading ...


3 years ago

Changes To Uwezo Fund Approved By MPs And Senators In Kenya

Uwezo Fund in Kenya is a fund given to youths to boost entrepreneurial culture in Kenya. The youths in Kenya are to form groups and start businesses to apply for Uwezo Funds successfully. The aim of the Uwezo Fund is to boost the livilihood of the youths of Kenya and at the same time improve development and growth of Kenyan economy.

Uwezo fund was a proposed pledge by Hon Uhuru Kenyatta during his campaigns to power.

The MPs recently approved changes proposed by Senate Chambers in Kenya on the Uwezo Fund. Some of the changes that are to occur include the management of Uwezo   Continue reading ...


3 years ago

How To Buy Goods On Credit In Kenya: AFB Retails Credit Cards Usage In Kenya

Most supermarkets in Kenya can now enable Kenyans to buy goods on loan in Kenya. Loans in Kenya come in handy when you need emergency funds in Kenya, and that is what AFB credit card in Kenya are meant for. You are given a period of time to repay the amount of loan you take via doing shopping with an AFB card in Kenya.

AFB credit cards in Kenya are a product of African Business Finance Company which invested Ksh 250 million in Kenya in April 2013. African Business Finance (AFB) is a Mauritius-based firm which has enabled Kenyans to get access to buying goods loans in Kenya. African   Continue reading ...


3 years ago

How To Access Uwezo Funding In Kenya As A Group/Chama In Kenya

With the increased taxation especially on value added goods in Kenya, the level of unemployment has unfortunately risen quickly and steadily. It has become an everyday affair to hear of people complaining of the high cost of living in Kenya and all the bills they have to foot such as house rent or school fees in Kenya. Uwezo fund in Kenya, which was launched in 2013 by Hon. Uhuru Muigai Kenyatta is a government of Kenya project initiated to empower women in Kenya and empower youths in Kenya. Uwezo Fund in Kenya is a means of availing capital for business enterprise growth in Kenya. Initiall  Continue reading ...


3 years ago

The Kenya Revenue Authority Offices In Nairobi

The Kenya Revenue Authority is an agency mandated by the government of Kenya to collect custom duty in Kenya as well as domestic taxes within Kenya. KRA in Kenya uses an integrated tax management system to provide effective and efficient services to Kenya taxpayers. The integrated tax management system used by Kenya Revenue Authority usually gives a single view of all tax payers’ details as well as the tax payment they are obligated to. The integrated tax management system was introduced in Kenya after the introduction of the domestic   Continue reading ...


3 years ago

Location Of Equity Bank Branches In Nyeri Town, Kenya

Equity bank in Kenya is one of the leading financial service providers in Kenya. Equity bank in Kenya offers banking services to the Kenyans in most major towns in Kenya. Equity bank has stretched beyond the borders of Kenya to offer financial bank services in the larger East Africa region including Rwanda and South Sudan. As of June 2010, Equity bank in Kenya had an estimated asset base value of over 1.5 billion U.S dollars which has exponentially increased over the years. Equity Bank in Kenya began as Equity Building Society close to   Continue reading ...


3 years ago

Getting Funeral Expenses Covered In Kenya By Obtaining Pan African Life Insurance Cover

Pan African life insurance in Kenya has in the recent years introduced a new cover policy to Kenyans that ensures all your funeral expenses will be covered with the least complexity in the unexpected event of death. Pan African life insurance in Kenya ensures complete coverage of funeral expenses in Kenya hence lightening the load considerably for a bereaved family in Kenya which reduces the stress that comes with funerals and funeral arrangement. Change in life is inevitable, however the things that are not inevitable in Kenya are taxes, unemployment and death. Fortunately we can do someth  Continue reading ...


3 years ago

How To Register For Mobile Banking Services With Equity Bank Eazzy 247 Service In Kenya

The migration to a digital world is here with us in Kenya. This means no more queuing in bank halls in any part of Kenya, no more standing in sluggish stretched curled queues somehow wishing the bank clerk stops playing with the keyboard pretending to be working or better yet in extreme cases hoping that at least a few people in front of you give up the wait and literally leave the bank. Having a transaction at the bank in Kenya meant skipping lunches and cancellation of appointments cause of the necessity of being physically there in banks in Kenya to do your banking ac  Continue reading ...


3 years ago

How To Unblock Your M-pesa Account In Kenya

MPesa service in Kenya is the revolution that changed how Kenyans send and receive money. The advantageous thing about MPesa services in Kenya, is that Mpesa outlests in Kenya are found in numerous locations and eliminate the need of travelling far to access funds in Kenya. The extensive use of Mpesa services by Kenyans to send and receive cash, access bank services on the phone in Kenya, paying bills with M-pesa in Kenya and top up the phone or someone’s phone, makes Mpesa in Kenya to stand out from its competitors within Kenya. This is why it can be such a frustration when your Mpes  Continue reading ...


3 years ago

How To Get Bima Mkononi Life Insurance For As Little As Ksh15 Weekly Premium On Mobile Phone In Kenya

Not so long ago, life insurance was a foreign concept in Kenya. Kenyans simply did not get the gist of life insurance. In addition to this, Kenyans who understood what the hype was all about simply could not afford life insurance in Kenya. Life insurance cover in Kenya ensures that you lessen the financial burden on a loved one when the time comes that life is no longer an option. The high charges placed on premiums in Kenya have long been a discouragement for many Kenyans who wanted to get a life cover in Kenya. However, Pan Africa Life Assurance Limited in Kenya has now teamed up with Air  Continue reading ...


3 years ago

How To Invest Using I-Invest By Old Mutual On Your Mobile Phone In Kenya

Most people in Kenya want to be able to be financially secure for the most part of their lives if not all. In order to achieve this desire, one of the best ways is by investing your savings in Kenya in order to ensure your goals and dreams are realized.

Some people may find it difficult to get a financial adviser in Kenya who can advise them on the right instruments in which they can invest their money in Kenya, and thus decide to give up on investment of their savings. However with the advent of mobile banking in Kenya and other mobile financial services in Kenya, one can now also   Continue reading ...


3 years ago

The Benefits Of Using Your Bank VISA Card In Kenya

There is no doubt that the number of banks which are setting up base in Kenya today has been rising exponentially over the recent years. This has even seen the entry of various international banks into the Kenyan market. Sharia compliant banks in Kenya are also increasing in number pretty much. Basically, the banking industry in Kenya is growing at a fast pace, and that is definitely something that Kenyans ought to be proud of.

With this in mind, accessing banking services in Kenya has become quite simple in the modern day Kenya. You can register and open an account in Kenya in whic  Continue reading ...


3 years ago

Equity Bank Kenya Launches PayPal Payment Services

PayPal in Kenya is a payment service that enables you to accept payments, pay for goods and send or receive money without revealing your financial information anywhere in the work.

How do I run a PayPal withdrawal service through Equity Bank Ltd Kenya?

On the PayPal withdrawal Service Landing page select \'Withdraw from PayPal\' menu option. On the customer type selection page you will need to choose either Individual or Business Enter your Equity Bank account number and select the Submit button  Continue reading ...


3 years ago

How You Can Use A Chamaa In Kenya To Achieve Greater Financial Success

Every week a major newspaper in Kenya writes about a Chamaa that is doing very well. A Chamaa in Kenya is that group of people who pool resources together usually once a month and use the resources to uplift one of the members. This cycle is repeated until all the members benefit from the pooled resources in that Chamaa. In Kenya, a lot of Chamaas start small. How is a Chamaa made in Kenya? A group in Kenya could be of friends who have come together and decided to contribute a certain amount of money each month. This money is usually used to purchase certain items or pay bills. Women in Ken  Continue reading ...


3 years ago

How To Open And Operate M-Shwari Account In Kenya

M-Shwari is the revolutionary new banking product in Kenya for M-PESA customers that allows one to save and borrow money through the phone while earning you interest on money saved. But the interest is earned in accordance with the balance saved at your account. M-Shwari is a paperless banking service in Kenya offered through M-PESA which enables one to;

·         Open and operate an M-Shwari bank account in Kenya through mobile phone, via M-PESA, without having to visit banks or fill out any forms.

·   &nb  Continue reading ...


3 years ago

How To Open And Operate An M-Benki Account With KCB

Kenya Commercial Bank has taken a step further to bring their banking services in Kenya to your doorstep with their new mobile banking service dubbed M – Benki. M-Benki is the new service, launched on Tuesday, which will enable you to open a bank account from your mobile phone in Kenya. You just have to be at least 18 years and an active Safaricom subscriber.

To subscribe to this service, enter 522522 as the Paybill Number under Payment Services on Mpesa, then enter your ID number as the Account Number. You then deposit any amount followed by your Mpesa PIN. You will then  Continue reading ...


3 years ago

Who Is The Richest Kenyan? You Would Never Guess.

It’s always hard to determine the wealth of many rich Kenyans because most of their wealth is ill-gotten and so not accounted for. Richness in Kenya is what everyone seek for through engaging in daily efforts in this world. Some Kenyans even go to the extent of engaging in ill ways to acquire wealth in Kenya.  But money is money, right?

Many people have highlighted the Kenyatta family as the richest but here we are not talking about family. We want to know that one individual who brags to be the boss of all. Exempting to count cash stashed in foreign accounts, w  Continue reading ...


3 years ago

How To Receive Money Through Money-Gram In Kenya

Money-gram is a service that is now available in Kenya. In the global world, we call it technology which has made what was seen to be almost impossible very possible. We can now share our fortune such as money from any corner of the world through money-gram. In Kenya, money-gram can be easily used to receive and send money. Money-gram makes it possible for a Kenyan to receive money from any section of the world. It especially promotes online businesses, where people in Kenya can trade with people far wide apart or just within Kenya, all they need is a  Continue reading ...


3 years ago

How To Manage Finance As A Student In Kenya

Management of finance is the primary challenge that students face in Kenya universities. Majority of them end up misusing the money, and some of them accumulate debts given by other students. Somehow, it depends on the family background of students in Kenya since those who come from a rich families do not have a problem with over-spending money since they are supplied with it when they are ‘broke,’ unlike those who come from poor families that try to survive. My advice to the students in the universities in Kenya is that, they should   Continue reading ...