Prime Bank enters mobile loans business



Business Daily | by Elizabeth Kivuva


Prime Bank has entered the mobile lending business with short-term loans, seeking to grow its customer base in the mass market.

Borrowers will access loans from Sh5,000 to Sh150,000 with repayment periods between 30 days to three months. The lender launched the services on Monday dubbed PrimeKopa and mobile app PrimeMobi…

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