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Mobile Money Loans
2012
#1 Posted : Saturday, April 13, 2019 7:57:11 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,227
Location: Nairobi
This is worse than betting. If you can avoid these loans, please do.

At least a bank loan you can negotiate repayments but mobile money, there's nobody to negotiate with, they just blacklist you in the CRB for defaulting on unspeakable tiny amounts. Sadly it's happening with the youth who have learnt avoid banks. My advice is, get a bank account and build a record, a relationship.

One thing is clear about Kenya, taxes are for enriching thieves.
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