Kenyan commercial banks are at times known to shun lending to small and medium-sized enterprises (SMEs) due to perceived risk in favor of salaried individuals in terms of personal loans, salary advances or ussd loans and larger institutions. Consequently, SMEs… Read More ›
What Is USSD And How Does It Work? USSD stands for unstructured supplementary service data technology that promotes quick and direct communication between user and service provider. By dialing the asterix symbol * followed by a series of digits finalized… Read More ›
The licensing and oversight of digital credit providers was as a result of public complaints regarding predatory practices of unregulated digital lenders in regards to personal data breaches, abnormal loan costs and unethical debt collection methods. Consequently, the Central Bank… Read More ›
How Salary Advance Works A salary advance refers to a short tenure loan targeted towards formally employed individuals earning consistent salaries. This advance is geared towards emergency purposes and its repayment duration is usually until the receipt of the… Read More ›
ICEA Lion (DigiTrust) Money Market Fund Fact Sheet [/su_table] ICEA Lion (DigiTrust) Money Market Registration KYC Requirements Individual/Joint 1. Copy of ID/Passport 2. Copy of bank statement 3. Proof of payment 4. PIN Certificate 5. Utility Bill/ Tenancy Agreement/ Physical… Read More ›
GenCap Hela Imara Money Market Fund Fact Sheet [/su_table] GenCap Hela Imara Money Market Registration KYC Requirements Individual/Joint 1. Two color passport- sized photos 2. National ID /passport copy 3. PIN certificate copy 4. Birth certificate of minor (if applicable)… Read More ›
Britam Money Market Fund Fact Sheet [/su_table] Britam Money Market Registration KYC Requirements Individual/Joint 1. Official Identification Document or current passport 2. Personal Identification Number certificate 3. Utility Bill (Electricity,water, proof of address letter not less than 3 months) 4…. Read More ›
NCBA Money Market Fund Fact Sheet [/su_table] NCBA Money Market Registration KYC Requirements Individual/Joint 1. Original ID or Passport and PIN Certificate (Individuals & Corporate Signatories) 2. Certified Copies of Registration/Incorporation Certificate (Body Corporates) 3. Confirmation of Residential/Physical Address (Utility… Read More ›
Kuza Money Market Fund Fact Sheet [/su_table] Kuza Money Market Registration KYC Requirements Individual/Joint 1. Copy of Official Identification Document or Current Passport 2. Copy of PIN or Tax Exemption Certificate (where applicable). 3. Proof of Banking details: Original canceled… Read More ›
Old Mutual Money Market Fund Fact Sheet [/su_table] Old Mutual Money Market Registration KYC Requirements Individual/Joint 1. Certified copy of ID/Passport are attached for all the applicants and nominees 2. Cheque, bank transfer confirmation, direct deposit slip or any other… Read More ›
