With the Advent of mobile phones in Kenya, many people have access to mobile phones with an estimation of around 29.8 million subscribers in the country. Of these subscribers in Kenya, majority of them have Safaricom lines due to the array of services such as the popular M-Pesa and M- Shwari in Kenya and also the wide network coverage within Kenya. For many customers in Kenya, an attempt to get details and information about their Safaricom line transactions or services of the network may be cumbersome, due to the ever busy helpline 100. This congestion on Safaricom help lines in Kenya can b Continue reading ...
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 ...
Loan sharks, mama mbogas, banks and telecommunication companies in Kenya are reaping huge rewards from the disconcerting habits of borrowing in Kenya. A nation deep in debt – that is one phrase that can be used to characterize these habits. You don’t have credit – just tap in some numbers and some credit will be transferred to you. You don’t have money for buying vegetables – don’t worry the mama mboga would be happy to let you pay at the end of the month. You can’t pay your rent – that’s what loan sharks are there for. It is so easy to Continue reading ...
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