Many people yearn for the chance to get their hands on a loan, for a range of reasons. However, there is one factor that may hold someone back, and that is interest. Interest is highly misunderstood. Some people believe that it is simply the bank trying to take as much money as possible from the…
Month: April 2017
Posted by: admin 
April 25, 2017
Financial Education and Liberation with L-Pesa
There are many people who do not have access to formal finance through banks and financial institutions. This can happen for a range of reasons, beginning with intimidation and a lack of understanding on how formal finance institutions work. When people lack the proper education on financial products, they simply do not use them, and…
Posted by: admin April 20, 2017
How to make repayments through Vodacom M-Pesa in Tanzania
How to make repayments through Vodacom M-Pesa in Tanzania Dial *150*00#, a menu will display, select #4 (Pay Through M-Pesa) and send. On the next menu, select #4 (Enter Company Number), here you will enter L-Pesa number which is 259797 and send; then enter reference number (your loan number is the reference number); thereafter, add…
Posted by: admin April 19, 2017
Financial Education and Liberation with L-Pesa
There are many people who do not have access to formal finance through banks and financial institutions. This can happen for a range of reasons, beginning with intimidation and a lack of understanding on how formal finance institutions work. When people lack the proper education on financial products, they simply do not use them, and…
Posted by: admin April 12, 2017
A Closer Look at the Benefits of Microfinance Loans in Developing Countries
Microfinance, also known as microcredit, is as a way of extending a small loan or any other form of credit, checking, insurance products or savings to people who donÔÇÖt have access to capital. Through microfinance loans, people living in developing countries can become financial independent and improve their standards of living. With a majority of…