NIC Bank, Toyota Kenya Partner In Asset Financing Deal

NIC Bank, Toyota Kenya Partner In Asset Financing Deal

Mwabaya Katana     February 13, 2019   No comments

NIC Bank today partnered with Toyota Kenya ,the largest motor vehicle manufacturer in the world in a deal that will see the lender's customers acquire trucks on credit basis.

In the deal agreement, NIC Bank will provide the financing while Toyota Kenya will  provide the vehicles ( Hino trucks).

Financing will be up to 80% the value of the truck and repayable within a maximum of 60 months with a 60 day grace period.

To apply a customer must identify the trucks from Toyota showrooms and then visit any NIC Bank to apply for the financing. 

Zenka Loan App

Zenka Loan App

Mwabaya Katana     February 13, 2019   No comments

Zenka Kenya provides fast ,flexible and affordable  mobile loans of up to kes 20000 to Kenyans  with or without  smartphones via Mpesa.

 Getting Started with Zenka

• Download Zenka App by visiting the Google Play Store or by dialling  USSD Code *483*101#
• Fill the application form after downloading the app, choose how much money you need and sign up with Zenka.
• Receive money on your M-Pesa account after your application is evaluated, and approved.

How To Repay Zenka Loan 

Open the app and select 'Repay' or dial *483*101# and select 'Repay'

Repay on time and build a positive credit history
Timely repayment increases your credit limit and allows you to apply for higher amounts in the future.

Zenka Loan Extensions

Loan extensions is  feature that gives you more control over your loan by letting you postpone your due date by 7, 14 or 30 days. To apply for a loan extension, you need to have an active loan that is not 30 days past due.

Additional loan amounts and top ups

Additional amounts is a flexible feature that allows you to top up your existing loan with extra cash, up to your current credit limit. To apply for the additional loan amount,you need to have an active loan and the loan principal must be below your credit limit.

How To Contact Zenka 

Email address;
Support@zenka.co.ke

Within the app ,use the support feature as shown below;

SCB Donates 6Million To Support Young Women

SCB Donates 6Million To Support Young Women

Mwabaya Katana     February 05, 2019   No comments

Standard Chartered Bank (SCB) has donated a total of ksh 6million this year towards supporting bid to empower young women in Nairobi.

The lender through its GOAL program gave the financial support through Vijana Amani Pamoja (VAP) a partner organisation.

The empowerment program targets up to 200 girls and young women who will be taught technical skills,computer literacy, business skills and job preparedness.

The beneficiaries are from informal settlement areas within Nairobi.

Check Vijana Amani Pamoja for more

Coopbank Partner With Isuzu In Asset Financing Deal

Coopbank Partner With Isuzu In Asset Financing Deal

Mwabaya Katana     January 30, 2019   No comments

Cooperative Bank of Kenya (Coopbank) has partnered with Isuzu East Africa a vehicle assembler to give customers trucks and pick-ups on credit terms.

In the agreement Coopbank as a lender will provide the financing up to 95% while Isuzu will provide the vehicles.

This offer is available to individuals, companies and corporations who bank with cooperative bank and even those who bank with other commercial banks as well.

In other benefits, the lender will offer ksh300,000 and an insurance cover worth 4.75% to qualified applicants. Borrowers will also enjoy a 60day grace period.