Access to Finance News
The solution offers digital financial services to small scale farmers.
The migration is to reduce illicit financial transaction on electronic payment platforms
A Euro 250 million (Sh27 billion) credit facility has been approved by EIB to companies through local banks
Interest rate was retained to ensure price stability in the economy
This will help borrowers access loans at affordable rates
The lingering cash shortage has led to increase in bank service charges.
The initiative will enable agric/SMEs access credit at single digit interest.
These solutions will strengthen the digital payment ecosystem offered by Wari
The reduction in benchmark interest rate will motivate lending
This will enhance SMEs international trade