Fuliza is a common term used in mobile money related financial transactions in Kenya. Being the brainchild of Safaricom, Fuliza allows its users access to overdraft facilities via the M-PESA platform. Convenience being its major selling point, Fuliza enables the… Read More ›
See Also: Try This Fuliza Hack To Instantly Increase Your Limit! Fuliza is an overdraft facility from Safaricom that provides a convenient way of accessing short-term credit that facilitates the completion of transactions upon instances of insufficient funds in the… Read More ›
Credit bureaus are institutions that gather information on a borrower’s credit profile from multiple sources and aggregate them for consumption upon request to lenders or authorized users. Responsibilities Of Credit Bureaus In Nigeria 1. Implementation of strict quality measures aimed… Read More ›
A credit bureau is basically like a data hub that gathers, evaluates, and manages credit information about people and businesses The overall functions of credit bureaus in Nigeria include; a) Data collection: Credit bureaus obtain data concerning credit profiles of… Read More ›
A borrower’s creditworthiness to a financial lending institution is portrayed numerically via a 3-digit score range of between 300-850. Benefits Of Credit Scores In Nigeria Credit scores in Nigeria hold beneficial values in the financial sector by enabling both borrowers… Read More ›
A credit score is a quantitative estimate of your creditworthiness based on your payback history, which influences your credit history. Credit scores in Nigeria generally range from between 300-850 whereby the highest credit score denotes lower default risk. Importance Of… Read More ›
Zenka is a licensed digital lender in Kenya approved by the Central Bank Of Kenya (CBK) to undertake its lending operations under a supervised authority. As such, Zenka joins a list of other notable digital lenders such as Tala, Branch,… Read More ›
Launched in 2007, M-PESA has managed to gain massive popularity across the Kenyan market which has since expanded to several other African countries like Tanzania, Uganda, Ethiopia etc Furthermore through the M-PESA global service, its outreach has further widened to… Read More ›
Zenka loans are a product of Zenka finance who are among the licensed digital lenders approved by the Central Bank Of Kenya (CBK). As such, Zenka conforms to the CBK digital lender regulations and does not engage in debt shaming… Read More ›
Zenka loan app is considered as one of the best loan apps in Kenya owing to it being among the licensed digital lenders in Kenya. In addition, it also offers substantial loan amounts of up-to Ksh 50,000 at flexible repayment… Read More ›
