The amount and rate of borrowing are increasing in the country. This indicates a growing appetite for loans by Kenyans. Some of the factors driving this growth of taking a loan in Kenya is the increase in the number of loan service providers both in terms of the number and convenience. Currently, it is possible…
Loans and Savings
The process of opening a savings account is pretty straightforward. Below are the steps you need to follow when opening a savings account: Step 1: Decide On Account Type The first thing you need to do is to determine the kind of savings account that is most suitable for you. Do you need a regular…
When you want to save up money for something, such as a car, a house, or even a trip to the coast, you have several options. You could keep the money in a current account, or, you could keep the money in a piggy bank or in a safe in your home. . However, if you…
Kenya is a leading country in the global Sacco movement with Saccos being key players in the country’s financial industry. With the Sacco movement expanding, it creates a need to have a Sacco account in Kenya to avoid missing its benefits. Saccos are Savings and Credit Cooperative Societies formed by members with a specific common…