Debt can be overwhelming and often feels like a never-ending cycle of payments and interest. I know this feeling all too well, as I used to be buried under a mountain of fuliza debt and personal loans. But, with determination and the right strategies, it is possible to take control of your debt and get […]
Defaulting on a loan payment can have significant consequences for both the borrower and the lender. It can lead to financial problems for the borrower, damage their credit score, and potentially result in legal action being taken against them. In this report, we will explore the risks and consequences of defaulting on a loan payment
In Kenya, check-off loans are a type of loan provided by an employer to an employee, with the loan payments being deducted directly from the employee’s salary. The employer acts as a facilitator of the loan, as they are responsible for deducting the loan payments from the employee’s salary and forwarding the payments to the
Skills You Need talks of personal finance as involving being aware of your position financially and then undertaking steps to ensure that you have meaningful outcomes that you can be proud of in the end.
What is a check-off loan? A check off loan is a type of loan provided by an employer to an employee, with the loan payments being deducted directly from the employee’s salary. The employer acts as a facilitator of the loan, as they are responsible for deducting the loan payments from the employee’s salary and
Applying for a personal loan in Kenya can be a useful way to borrow money for a specific purpose, such as consolidating debt, paying for a major purchase, or financing a home improvement project. Here is a comprehensive guide on how to apply for a personal loan and the documents you will need to provide
The basis of the principle is simply that 80% of results come from 20% of input.
To avoid being in a constant financial crisis mode. When you don’t have your financials in order, any small emergency will turn into a crisis.
Saving fuel has never been this easy, but many people never bother. As a distinguished member of the Amateur Mechanics Association of Kenya, I bring you a special message from the automotive gods. Change or clean your filter regularly and you will save a lot of fuel.
Let’s admit it. We’ve all been there. Every year, full of promise and steam, jazzed up on Rich Dad, Poor Dad, and Other Stories, we craft lofty New Year’s resolutions. We solemnly swear to keep promises that fizzle out and die way before the New Year starts to sit. In Resolution Land, we give prime
I have good news. And bad news. Then some more good news. The good news is that it won’t last a long time. Typically 2-10 months maximum. The bad news is that it is coming, but we’re not too sure about that because there’s divided opinion. Most experts believe it will land in the Year
Personal loans are short-term loans taken by a borrower and are usually repaid on a monthly basis. They are usually unsecured and don’t need collateral for them to be issued. Personal loans are normally for amounts from about 1,000 up to 100,000 with repayment terms from one to twenty-four months depending on the monthly charges
The great-souled, Mr. Mohandas Karamchand, once said that the customer is THE most important visitor that a business can ever have. That the whole universe, and by extension, the existence and sustenance of any business, wholly depends on the customer. Without the customer, nothing in a business works, and nothing ever will. Thus it’s our
The Kenyan economy is currently going through a downturn that is touching on all aspects of Kenyan life. Inflation is touching double digits and is expected to worsen before the year ends. When faced with uncertainty in the coming months one should prepare their finances to take advantage of every shilling that passes through their
There is a man whose picture is in money. He has half-hippie hair and a ghost smile that makes you think he learned to knit using a walking stick. One day, this man wrote. And said, that the only two things certain in life are death and taxes. He should have added M-Pesa. That old
A loan app is simply an application that enables the borrower to access cheap credit without having to visit a physical branch.
A salary advance loan or simply a salary loan is a short-term loan extended to salaried professionals working in the private or government sector.
On the philosophy of a more accessible, reliable, and dignified way when it comes to the availability of credit.
