Kiva Zip is a pilot program, launched by Kiva.org, to drive innovations in person-to-person lending. It provides 0% interest loans of up to $5,000 for small businesses and entrepreneurs who are financially excluded and under-served. Kiva Zip allows for direct lending at 0% interest to entrepreneurs in Africa and the U.S. by leveraging trust networks & […]
CIS is a mechanism through which various lenders electronically pool and pull borrower information using centralised (credit reference bureau) databases, with the aim of addressing information asymmetry between borrowers and lenders. Left unchecked, information asymmetry often results in adverse selection, unsuitable loan products/terms, and exclusion of certain categories of borrowers from the credit market. Agriculture […]
A fixed deposit feature on M-Shwari platform. The service allows customers to save a minimum of Sh500 for six months at interest rates of up to six per cent per annum. The new feature banks on the strength of recurrent customer feedback which suggested the need for a facility to instill discipline in medium term […]
M-Shwari is a dual-credit/savings product for M-PESA customers that is distinctly savings-led. It allows you to save as little as Ksh.1 and access micro credit product (loan) of a minimum of Ksh.100 any time and receive your loan instantly on your M-PESA account; while earning you interest on money saved. Customers are able to sign […]
It is an independent mobile commerce and payment ecosystem that allows everybody in Kenya to manage and perform a wide range of financial transactions from their mobile phone. Mobikash works on all mobile phones and is linked to banks, MFIs, Saccos and bill issuers.
An exchange and remittance company based in Kenya providing a crypto-currency exchange platform to revolutionize Africa’s remittance market by providing over the counter selling and buying of bitcoins.
Without borders or barriers, 37Coins is a service that allows users to send and receive bitcoin from anywhere in the world from any mobile device with SMS functionality via a ‘gateway’ in the user’s country of origin. No internet or smartphone is required.
NationHela is a simpler, more convenient and cost effective international money transfer service that allows you to send money straight to loved ones back home in Kenya from wherever you are in the world.