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Mobile loan appetite stirs digital money market

The loan limit amount has been increased from Sh 30,000 to Sh 50,000

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by MELINDA KIRWA

Coast23 January 2023 - 12:06
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Tala app, an online financial micro lending platform is seen on a mobile phone in this photo illustration taken May 23, 2018.

Heightened competition in the mobile loans market coupled with a huge borrowing appetite is pushing lenders into cutthroat business to remain relevant and competitive.

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