Does the new law apply to M-shwari? 7.5% p.m. is daylight robbery hata shylock hawes lipisha hivyo.
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Retarded font.
Shylock inakuanga around 30%
My former classmate Shylock is an influential member at their institution Sacco. He charges between 25%-30% depending on urgency ata kama unamlipa back within a week na yeye huchukua hio pesa kwa Sacco at 1% p.m. Afadhali m-shwari coz naeza chukua loan ya 15k at 3am in the morning and nobody will look at me funny coz due date inakaribia.
A loan is a liability not your friend.
Choose with care
Huwezi songa kimaisha bila kuchukua loan
@Okiya @shocks @Tiriitiondo nangojea majibu tafadhali
Sitakupinga.
Lakini sijawai chukua loan na sidhani niko nyuma kimaisha.
Ata savings me huweka direct kwa trading account yangu. Mindset zetu ziko tofauti sana kaka.
Sijui.
Another wild view … assuming terms on loan approval are less stringent it would mean there will be more money supply in the long run inflation goes a notch higher and consequently costs of living …
well unless the capped interest rates are too minimal to realise any effect on the economy…
Mshwari it not being a bank as such, it might take time to effect such policies
Myth.
I know guys who have accumulated lots of assets through savings and investing.
Sijui pia. But I think it applies, they take in deposits and give out loans, that’s the definition of a bank
Out of 100 people labda 2 only! and most ni dirty money ama big time deals that they will tell you nothing about wewe unafikiri tu someone made it through hard work and disciplined investments.Its so hard kuendelea bila loans and thats the damn truth!! The country itself needs loan and facilities to improve its infrastructure sasa wewe ni nani eti you dont need a loan.Without a loan hatungekua na Thika Supperhighway,SGR,the new wing at JKIA,Bypasses,further develoments at Ol karia geothermal and many other projects in Kenya.The US itself borrows from China and vice versa.
Yes, it applies. Mshwari is a bank product remember!!.But don’t celebrate yet,the banks are looking for alternatives to milk you to bridge the gap.I foresee mushrooming of shylocks with crazy rates as demand for loans outstrips supply.Watch keenly.
Per month? :eek::eek::eek::eek: naanza iyo biz
Inheritance?
Kwani wewe ni last born kwenu,hauna majukumuu.