M-paya, a payments solutions company kenya is now offering lending services to merchants using their payment services.
This company provides businesses with till numbers and or Paybill numbers to help customers buying from such businesses to easily make payments through their mobile phones via Mpesa.
Now ,registered till or paybill number holders with m-paya can ask for a working capital loan of up to kes 100000 .
M-paya will just look at your business use of the till or paybill number and come up with a decision on whether to approve or disapprove your loan application.
Approved loans are disbursed directly to your business till or paybill number ready for use.
To increase your loan limit, make more transactions through your business till or paybill number.
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