Each Sacco has a loan collective borrowing pool, meaning you can borrow a multiple of your savings. For example, if your Sacco borrowing multiple is three times, you only need to save a third of ...

Small and Medium Enterprises Development Authority (SMEDA), State Bank of Pakistan and Pakistan Banks Association have jointly developed a simplified SME Loan Application form on directive of the ...

According to Mr Odera, the then KHF manager, Mr Mlolwa deposited Sh8 million by Qwetu Sacco on July 26, 2021, to be allocated to clear his TPS loan with the balance to go to his savings.

Jasmine Laws is a Live News Reporter at Newsweek based in London, U.K. Her focus is reporting on health insurance, including Medicare and Medicaid, but she also writes about U.S. politics, crime ...

In some months, I am forced to top up repayments from my payslip. The loan balance is Sh4.3 million. I am now faced with the options of defaulting – which might trigger a recovery – selling ...

That's due in part to the rise of fintech and peer-to-peer lending companies, which make accessing these loans cheaper and easier than ever before. A form of installment credit, personal loans ...

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire ...

With a home equity loan, you can borrow against the value of your property to fund renovations, start a business, consolidate debt or cover other major expenses. Home equity loans have lower ...