Science & Technology

    Kenya's Mobile Generation Accesses Loans Through Phonesi
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    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.


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