Author: admin

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Posted by: admin  May 16, 2017

How to Become an Entrepreneur in Kenya

In Kenya, there are many opportunities for entrepreneurs to create jobs and make money from businesses. However, in the search for the best opportunities, Kenyan entrepreneurs can make mistakes. Cephas Gakii, 26, the cofounder of Youngprenuers Hub has been rubbing should with Kenya’s leading entrepreneurs like Bidco Africa’s Chief Executive Vimal Shah among others. Here…

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Posted by: admin  May 5, 2017

How L-Pesa Microfinance Works

Microfinance provides low-interest loans to people who don’t have access to credit in order to promote entrepreneurship and economic growth. L-Pesa, a leading microfinance institution, operates in slums, neighborhoods and villages that lack typical financial resources and offer people a convenient and reliable way to borrow money. The microfinance has been very successful in a…

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Posted by: admin  April 25, 2017

Everything You Need to Know About Interest

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…

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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…

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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…

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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…

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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 don’t 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…

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Posted by: admin  March 30, 2017

The Revolution of Mobile Money and how it’s Transforming Lives 

More than 2 billion people in the world remain unbanked, without any access to affordable, safe and secure financing services. They don’t have access to the financial services they need to protect their assets and invest in their livelihoods. The conventional bricks-and-mortar system of banking is too expensive for the poor, especially in rural areas.…

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Posted by: admin  January 10, 2017

L-Pesa Partnership for a Profitable Future

Progressive and innovative finance is now in the market, thanks to L-Pesa Progressive microloan services. Mobile banking has been revolutionized by service providers such as Vodafone and their M-Pesa services. L-Pesa is taking these services one step further, by making it possible to borrow money, when you need it using your mobile phone. This service…

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Posted by: admin  December 28, 2016

L-Pesa Upgrades Mobile Access

L-Pesa services are revolutionary, transforming mobile banking for anyone with access to a mobile device. With L-Pesa, one can carry apply for micro-loans, which have very favorable terms for repayment. This makes it easier for more people to attain financial inclusion. L-Pesa registration has been carried out using their advanced website, through an easy one…