Let’s protest against financial indiscipline

Let’s protest against financial indiscipline

It’s hard to believe it’s already been five months since we launched Kolo. But we’re grateful you’re alive to read our email. Your continued support has been our driving force, and we’re thrilled to share some exciting updates and important financial insights with you. What’s popping in the finance space? šŸ“° šŸ’° Interest Rate Hike  […]

Lending as a side hustle: What I need to know
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Lending as a side hustle: What I need to know

So, you want to branch out and earn some extra cash on the side. Becoming a small-scale lender might not have been the first idea on your list. Whatever your story is, the important thing is that you’re here to learn about lending as a side hustle

What Chamas and SACCOs can teach lenders about group lending
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What Chamas and SACCOs can teach lenders about group lending

Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]