Tag "Loans"

Latest 0 Comments

Fusion Capital report ranks 2017 as one of the worst years for Kenya’s credit sector

2017 will be regarded as one of the worst years for both lenders and borrowers in Kenya, a new report from Fusion Capital, a private equity firm focused on real

Business 0 Comments

Branch raises Ksh200 million in groundbreaking local commercial paper issue

Branch has has raised Ksh200 million through a commercial paper arranged by Nabo Capital. The mobile financial services company used its loan book as collateral for the facility in one

Business 0 Comments

Business highlights – September 21 2017

Thieving Kenyans responsible for Ksh621 million insurance sector loss Medical Insurance made an underwriting loss of Ksh621.64 million in 2016, an increase of 427% from 2015, the Insurance Regulatory Authority’s Annual Report

Latest 0 Comments

Fusion Capital sees mortgage backed securities as enhancers to housing loan access in Kenya

Mortgage-backed security can be used to help potential home-owners secure housing loans, real eastate developer and investment services group, Fusion Capital has affirmed. The announcement follows the August 2017 release

Business 0 Comments

Business highlights – August 22 2017 – NSSF members to use savings as collateral for loans

Farmers turn to coffee hawking, blame co-ops for delayed payments: Coffee farmers from Central Kenya have resorted to hawking their produce claiming that their societies have been delaying their payments

Business 0 Comments

Leading mobile lender Branch announces 1.5 million loans and 350,000 customers

Branch, a Leading mobile lender Branch announced today that it has disbursed 1.5 million loans in Kenya through its innovative Android application. Founded in 2015, the company has now reached

Business 0 Comments

Business highlights – Treasury boss raises concerns over banks refusing to give loans to SMEs and low income borrowers

Ksh31 billion Kenya South Sudan road upgrade set to begin The planned upgrade of a key link road between Kenya and South Sudan is set to begin The Ksh31.2 billion