Mobile loans

Most lenders target people with smartphones who then download the lender’s app. Is the market neglecting people without smartphones? Can these loans be offered via ussd codes? Hapa naona great opportunity to offer loans via ussd to farmers and most rural folks.

KYC is harder on feature phones.

They can’t read your messages to check whether you have loans from other lenders, transaction volume etc.

Anzisha…with they way farmers are shafted by gava watakopa kwako walipie Sacco’s ama chama:D
Good luck though

farmers and boda boda guys

kuna moja but i cant recall the name

is it succesful

24399#

Mshwari?

Target market of people using button phones;are hard to track

mshwari is not enough for people. They need a loan to repay a loan. Cycle continues

Timiza from Barclays uses ussd

And as charge to pay the charges increase. Poor become poorer