Microfinance licensed to take deposits
14 May 2013, 09:33
Nairobi - Daily Nation reports a microfinance institution has been issued with a licence to collect deposits from the public.
U&I Microfinance becomes the ninth such institution to be approved as a deposit-taking institution.
The firm will now mobilise funds from the public for onward lending to its clients. It will operate within the Nairobi central business district.
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