Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Safaricom launches M-Shwari

27 November 2012, 16:32

Nairobi - Safaricom’s foray into the financial services market is expected to deepen with the launch of a mobile banking service that allows users of its revolutionary M-Pesa platform to save and borrow money using their phones.

According to Business Daily, the service requires users to open a mobile bank account, M-Shwari , into which they can deposit as low as KES 1 in savings and borrow up to KES 100 000 payable with a one-off interest rate of 7.5 per cent.

All loans are payable within a month of disbursement.

- For more visit Business Daily

NEXT ON NEWS24 KENYAX

Read News24’s Comments Policy

Comment on this story
0 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Victor Tinto
Kenyans unlikely to know number o...

It is highly unlikely that Kenyans will ever know the exact number of soldiers who died in the Al Adde attack in Somalia. Read more...

Submitted by
Victor Tinto
Slain KDF soldier knew he would l...

A Kenya Defence Forces soldier who died in Somalia knew he was in danger of dying in the harsh conditions in Somalia. Read more...

Submitted by
William Korir
CORD Governor embarrassed by Uhur...

Kisumu Governor Jack Ranguma is unhappy with the move by some Kisumu residents to heckle President Uhuru Kenyatta during his visit to the County. Read more...

Submitted by
William Korir
Waiguru being protected by govern...

A Jubilee Coalition MP says that former Devolution CS Anne Waiguru is being protected by the government. Read more...

Submitted by
William Korir
MPs return to work after 2 month ...

MPs will turn their agenda to the IEBC as they return to work from a two month recess. Read more...

Submitted by
Shakila Alivitsa
Should your friends speak to your...

‘Marriage has never been likened to a bed of roses and if someone does say so, they are liars. Marriage is a whole rosebush though; very thick with thorns and leaves and stems then a rose here and there.  Read more...