NCBA #ticker:NCBA and Safaricom #ticker:SCOM have raised the minimum loan size on the mobile lending platform M-Shwari four times to Sh2,000 in a move expected to reduce defaults largely by borrowers ...

NCBA Group #ticker:NIC -owned lending platform M-Shwari has disbursed a cumulative Sh430 billion in loans to 31 million customers in seven years since the launch of the mobile-based service. Chief ...

Commercial Bank of Africa (CBA) plans to increase the maximum amount of money customers can borrow through M-Shwari by five times. Currently, an M-Shwari customer can borrow up to Sh20,000 depending ...

Safaricom’s overdraft facility, Fuliza, has taken less than three years to capture the digital lending market. But the telco’s climb to the pinnacle of the market segment has been anything but smooth.

Kenyans have been raising concerns over low or zero M-Shwari limits despite their efforts to save, use M-Pesa and other Safaricom services. An M-Pesa customer took to social media, complaining of a ...

SAFARICOM's mobile bank account M-Shwari customers are depositing an average Sh200 million daily, according to its operators. M-Shwari which is a product operated by the mobile phone service firm in ...

From today, M-Pesa customers in Kenya will have access to interest bearing saving accounts and have the ability to take out small loans through a new service, called M-Shwari. This is the next step in ...

An injunction sought by Faulu Kenya, a Kenyan micro-finance provider, to shut down Safaricom’s M-Shwari mobile banking service – pending the outcome of a court case – has been dismissed by a judge ...

Safaricom and Commercial Bank of Africa launched an adults only product named M-Shwari this week and it immediately caused quite a stir in the market. M-Shwari stormed the market instantly beating the ...

Obverse Image: Woman working in a hair salon. Obverse Text: LAINISHA MAISHA NA / M-SHWARI / WATCH YOUR MONEY GROW / BORROW WHEN YOU NEED MORE / DEC 2012 / MAY 2013 / SPE 2013 / DEC 2013 / Introducting ...

Commercial Bank of Africa says it is likely to revise down the 7.5 per cent facilitation fees for its mobile phone-based monthly loans via the M-Shwari platform by end of the year. CBA managing ...