Science & Technology

    Kenya's Mobile Generation Accesses Loans Through Phonesi
    X
    February 18, 2016 11:45 PM
    Interest rates on business loans in Kenya can go as high as 26 percent. But an American "techpreneur" has developed an app through which Kenyans can get loans at reduced rates via their mobile phones and Facebook. Lenny Ruvaga reports from Nairobi.

    Kenya's Mobile Generation Accesses Loans Through Phones

    Published February 18, 2016

    Interest rates on business loans in Kenya can go as high as 26 percent. But an American "techpreneur" has developed an app through which Kenyans can get loans at reduced rates via their mobile phones and Facebook. Lenny Ruvaga reports from Nairobi.


    You May Like

    Vietnam Mulls Tough Measures for ‘Misbehaving’ Chinese Tourists

    Move comes after footage surfaced online of Chinese travelers harassing a banana hawker in Da Nang

    Pakistan Social Media Star's Honor Killing Fuels Debate

    Qandeel Baloch's murder puts spotlight on deadly tradition and other mistreatment of women