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Kenyan bank KCB Group has set aside Ksh. 30 bn to be advanced as loans to individuals and small and medium enterprises affected negatively by the Coronavirus pandemic. Facilities of between Ksh. 50 -Ksh. 1 million will be available to persons according to their credit scores. The loans will be availed in partnership with mobile network operator Safaricom through their mobile money service M-pesa. The lender has also extended loan repayment periods for current mobile app loans by 90 days.
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Add 1: Room 605 6/F FA YUEN Commercial Building, 75-77 FA YUEN Street, Mongkok KL, HongKong Add 2: Room 405, Building E, MeiDu Building, Gong Shu District, Hangzhou City, Zhejiang Province, China
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