Tala Loan App ; Download, Paybill, Contacts

Tala Loan App ; Download, Paybill, Contacts

Mwabaya Katana     April 08, 2020   5 comments

Tala Loan App 

Tala Mobile is an international credit services company highly interested in financially unlocking the unbanked communities out of poverty by availing quick low interest mobile loans.

Formerly Inventure, currently Tala trades in Kenya,Tanzania and the Philippines but has intentions of spreading to many more countries with near targets being Mexico and India.

If you're in Philippines check Tala Philippines here

Tala Kenya, the  loan app serves as the platform where consumers of the credit products get served.All you need to have is an android smart phone compatible with the app.

Read: More mobile loan apps in Kenya

How to use Tala

Before you can apply for loans from Tala,you must download that Tala loan app and register as a customer.You'll need a safaricom Mpesa number to proceed to become a customer.

Let me invite you to Tala because am also using it.Download Tala loan app here and use or write the Referral Code XYGFGX .By applying the referral code you make us get a commission.

After registration,the app will collect some data in your mobile device which among other information will be used to calculate your creditworthiness and come up with a loan limit and interest rate for you.

Most people don't qualify on day one.If this happens,don't uninstall the app! Leave it there and continue using your phone as normal.Keep on checking the app,preferably after every week to confirm if you now qualify for a loan.

How to borrow from Tala App

• Open the app
• Login with your Tala PIN
• Select Apply 
• Fill in the few details required 
• You'll get a loan limit
• Select the amount you wish to borrow 
• Select the duration of the loan before repayment 
• Accept terms and Submit
• Money will be sent immediately  to your Mpesa number which you registered with on Tala App.

How to Repay Tala loan

I have a detailed post on how to make a repayment to a loan borrowed from Tala.Whether it's a 30 days or 21 days loan that you need to repay, kindly check the link below for the steps. Always remember the account number is your phone number and Tala paybill number is 851900

How to Contact Tala Kenya 

Although there are  no numbers to call but there are other different ways to reach out to the Tala help team.Check the link below for how to chat with Tala.

Tala Loan Features

• Loan is disbursed within minutes to your Mpesa account
• Maximum loan amount one can qualify for is kes50000
• Interest rate is flexible and depends on customer credit score
• Repayment duration depends on the amount borrowed.It can be due within a week or a month.

Recommended Articles about Tala

1. How to repay Tala loan
2. How to contact Tala customer care
3. How to unblock Tala account

Safaricom, Vodacom Complete M-PESA Acquisition

Safaricom, Vodacom Complete M-PESA Acquisition

Mwabaya Katana     April 07, 2020   No comments

Safaricom and Vodacom announce that they have completed the acquisition of the M-PESA brand, product development and support services from Vodafone through a newly-created joint venture.

The transaction, which was first announced in 2019, will accelerate M-PESA’s growth in Africa by giving both Vodacom and Safaricom full control of the M-PESA brand, product development and support services as well as the opportunity to expand M-PESA into new African markets.

Shameel Joosub, Vodacom Group CEO, says “This is a significant milestone for Vodacom as it will accelerate our financial services aspirations in Africa. Our joint venture will allow Vodacom and Safaricom to drive the next generation of the M-PESA platform – an intelligent, cloud-based platform for the smartphone age. It will also help us to promote greater financial inclusion and help bridge the digital divide within the communities in which we operate.”

Michael Joseph, outgoing Safaricom CEO says: “For Safaricom, we’re excited that the management, support and development of the M-PESA platform has now been relocated to Kenya, where the journey to transform the world of mobile payments began 13 years ago. This new partnership with Vodacom will allow us to consolidate our platform development, synchronise more closely our product roadmaps, and improve our operational capabilities into a single, fully converged Centre of Excellence.”

Nick Read, Vodafone Group’s CEO, said: “M-PESA is hugely successful and enables millions of unbanked people in Africa to transfer money, pay bills and trade. It benefits communities and helps create a multitude of small and micro-business ventures. However, with the rapid increase in smartphone penetration, the evolution into financial services and the potential for geographical expansion, we believe the next step in M-PESA’s African growth will be more effectively overseen by Vodacom and Safaricom.”

M-PESA is the largest payments platform on the African continent, it has 40 million users and processes over a billion transactions every month. M-PESA is operational in Kenya, Tanzania, Lesotho, Democratic Republic of Congo, Ghana, Mozambique and Egypt. Currently around 25% of all M-PESA customers have access to a smartphone – a figure that is growing by 10% every year.

The disposal of the M-PESA brand, support and product development services to Vodacom and Safaricom is broadly financially neutral for Vodafone Group.

Source; Safaricom 

Cooperative Bank Donates ksh100million in Fighting Corona

Cooperative Bank Donates ksh100million in Fighting Corona

Mwabaya Katana     April 06, 2020   No comments

Cooperative Bank of Kenya (Co-opbank) has donated ksh100million to help the the government and the health agencies in fighting Coronavirus.

The bank becomes the first corporate institution to join in fighting the virus by providing funding that will go along way in helping the purchase of ventilators.

The number of Coronavirus cases in kenya is increasing by day which is not pleasing at all. Although few but there are some recoveries reported too which is encouraging.

The bank expect the funds will help in acquiring other critical life saving medical supplies apart from the ventilators.

NHIF Extends The Time For Members To Change Facilities

NHIF Extends The Time For Members To Change Facilities

Mwabaya Katana     April 04, 2020   No comments

NHIF has extended the deadline for members to choose their health facilities from 31st March 2020 to 30th April 2020.

The insurer through a notice to the public has urged each member to update the information about their facility of choice afresh even if you'll choose the same facility again. 

The exercise which began in January 2020 will now end in April 2020, an extension as a result of  the ongoing Coronavirus pandemic and the government curfew. 

Beneficiaries will continue to be served from their previously chosen health facilities till the ongoing exercise is completed. 

Branch visits are highly discouraged, but all members are encouraged to use the digital platforms include USSD code *155# ,NHIF  mobile App and NHIF Website. 

Claim process is still on, and all approved health facilities should continue doing so without hesitation.