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Tag: M-Shwari

M-Shwari Sees First-Ever Deposit Decline of 44.1% Amidst Increasing Reliance on Credit Facilities

In a surprising turn of events, deposits in the popular mobile lending platform, M-Shwari, took a significant nosedive of 44.1 percent during the year ending March, plummeting from Sh745 billion in 2022 to a mere Sh416.7 billion.

Safaricom’s M-Shwari savings surpass Sh32b mark

 Mshwari Customers have saved Sh32 billion on NCBA mobile account, and used it to borrow nearly three...

How to Claim Your Deceased Relatives’ M-PESA and M-Shwari Funds

We will all die eventually, and when that time comes, we may need to keep our homes...

Alternative Circle selected among top 20 finalists for the 2017 Global FinTech Awards

Alternative Circle, the firm that runs Shika app, a micro-lending and financial services app has been...

Breaking: Kenya’s M-Shwari Crosses the 10 Million Customer Mark

Safaricom and Commercial Bank of Africa's M-Shwari has today announced it has signed up 10 million customers...