According to Daily Nations’ Friday business section, the Short Term Treasury Bills were oversubscribed by the close of last week.
It simply means that Banks have stopped Lending to you and me.
It means that if you want a loan, your options are limited to Fuliza, Platinum, Tala and Branch.
It means Commercial Banks can simply close 90% of their branches, sack 90% of their staff, and still make super normal profits.
It means that Uhuru and Ruto have taken us 100% to the Nyayo era where Government had to borrow locally to pay salaries.
It means that before long, we will face a huge price increase for basic food and services.
hawa platinum wanapeana secured loan only to landlords, I have tried most of these loan apps and they can be handy only tala disappointed me since their limit was very low and I declined, timiza surprised me the most, they are like the Chinese, very generous - my loan appetite must be comparable to the government’s.
and dont forget the undisclosed/secret terms and conditions of chinese loan ya SGR…the govt was to facilitate 1 million chinese to settle permanently 8n Kenya. #Spear to elaborate on this allegation
I keep getting this text message below. Dear member, do you know you qualify for an Eazzy loan? Check your limit via Equitel/EazzyBanking App and apply. Subject to your CRB rating.
Equity noticed I am very conservative with my money and that doesn’t work very well for them because I don’t give them too many opportunities to hit me with fees, fines or crazy interest rates.