KCB increases Mpesa loans’ interest rates by almost double figures
Mobile loan subscribers were caught unawares after the Kenya Commercial Bank, KCB, increased interest charged on its mobile loan facility by almost double figures. The bank adjusted the interest rate upwards to 7.05% per month. “Effective 02 – 08 – 2018, KCB MPesa loan interest rate has been reviewed to 7.05% per month from 4.08 […]
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