The Facebook page INUA JAMII SOFT LOAN claims to be offering different loan amounts to Kenyans on Facebook. The page uses the name of Inua Jamii, the Kenyan ...

BOA Kenya’s borrowed funds more than doubled to Sh2.9 billion from Sh1 billion, partly on the dollar-denominated loan. The dollar loan from BOA Group added to the seven-year loa ...

The Facebook pages Unicef foundation promotion and UNICEF FOUNDATION PROMOTION are running cash promotions and offering loans to Kenyans on Facebook. The ...

What is Personal Loan Interest Rate? The interest rate on personal loans is the annual borrowing cost on a particular loan scheme that banks/NBFCs charge from their borrowers. The interest rate is ...

Analysis - Shortly after Kenya's 2022 elections, the shilling depreciated rapidly against the US dollar - the country's main currency for international transactions - fuelling a wave of political ...

How Banks and HFCs Calculate Home Loan Interest? Banks and HFCs use monthly reducing balance method to calculate interest rates on home loan. In this method of calculation, the interest is calculated ...

Commercial banks have taken initiatives to address the rising rate of defaults including loan write-offs and restructures. The 10 Kenyan listed banks set aside an extra Sh46.6 billion in the year ...

Farmers in Kenya primarily access credit through banks, Savings and Credit Cooperative Societies (SACCOs), informal lenders like friends and family, ...

Kenya operates a floating exchange rate regime. This means that the value of the shilling is determined by market demand and supply.

If you’re in the market for a new (or new-to-you) vehicle, qualifying for the best auto loan rates can help you maximize your savings. Start your search by comparing multiple lenders to find the ...

Auto loan rates for new and used vehicle purchases jumped in late 2023 to 7.18% and 11.93%, respectively, both 15-year highs, according to Experian. Though persistent inflation in the U.S. economy ...