Nairobi — CUSTOMERS using the innovative mobile-phone based, miro credit and savings product, KCB M-PESA, have transacted over Sh7,8 billion (US$76,8 million) in loans a year since launch, thus significantly deepening financial inclusion in Kenya.
The joint initiative between Safaricom and KCB Group has recruited over 5,2 million customers in the period, with an average Sh660 million loans disbursed through the service on a monthly basis.
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