Why Your Loan App May Soon Cost You More
Millions of Kenyans, especially small traders, boda riders, and low-income households depend on digital loan apps like Tala, Zenka, and Branch for fast, unsecured credit. But the Finance Bill 2025 proposes a change that could make borrowing from these platforms more expensive. A new tax targeting non-bank digital lenders is set to raise the cost […]
SACCOs vs Bank Loans: Which is Better for Business Financing?
When it comes to business financing in Kenya, entrepreneurs often face a tough choice: Should they seek funding from SACCOs or opt for bank loans? Both financing options come with their own sets of advantages and limitations, and the right choice depends on your business model, stage of growth, and financial readiness. Here’s a closer […]
Loan Apps in Kenya with Over 1 Million Downloads on Google Play Store
Kenya’s digital lending market has seen significant growth, with mobile loan apps becoming a popular financial solution for many. Several loan apps have surpassed the 1 million download mark on Google Play Store, providing quick and convenient credit access to users. The loan apps in Kenya with over 1 million downloads on Google Play Store […]