Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Monday, May 25, 2020
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
Banque de Kigali [468]
KCB buy buy buy [1154]
Kenya Economy Watch [2517]
Standard Group FY18 [5]
Online NSE stock trading [106]
Portfolio Balancing: Avoid Over Exposure To Financ... [326]
KenyaRe FY19 - FY23 (Both Inclusive) [462]
First World Markets Shenanigans [205]
NMG FY 2018 and Beyond [87]
Treasury Bills and Bonds [1399]
Brokarage fees. [13]
Safaricom 2019/2020 [325]
Profit Warnings [147]
Kenya Airways...why ignore.. [14767]
Oaklands Plots Ruiru [5]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

How do you start a digital lending business?
NewMoney
#1 Posted : Friday, October 18, 2019 7:28:47 PM
Rank: Member


Joined: 3/1/2019
Posts: 141
Location: Nairobi
Anybody familiar with this lucrative sector? Am especially curious about the capital requirements and the regulatory process if any.

Any other tips and advice is also welcome.
Mike Ock
#2 Posted : Saturday, October 19, 2019 10:31:55 AM
Rank: Member


Joined: 1/22/2015
Posts: 658
At this point the tech can be done by any reputable app development team that serves African clients. The problem is having the cash to cover the loan book, and dealing with professional mobile loan fraudsters. At the moment this business is super lucrative on the top line. On the bottom line it depends on you.
NewMoney
#3 Posted : Saturday, October 19, 2019 10:47:44 PM
Rank: Member


Joined: 3/1/2019
Posts: 141
Location: Nairobi
Mike Ock wrote:
At this point the tech can be done by any reputable app development team that serves African clients. The problem is having the cash to cover the loan book, and dealing with professional mobile loan fraudsters. At the moment this business is super lucrative on the top line. On the bottom line it depends on you.



Agree with you, am looking for some specifics if anyone has them.
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2020 Wazua.co.ke. All Rights Reserved.