Tuesday, August 11, 2020

NCBA Announces Increasing Mshwari Loan Limit

    August 11, 2020   No comments

NCBA Bank

NCBA Bank has announced that effective Monday 10th August 2020 Mshwari minimum loan limit will be increased from ksh 500 to ksh 2000.

That will be an increase of ksh 1500 from the previous ksh 500, which is a commendable measure especially during this COVID-19 pandemic when people are looking for loans to keep life going.

NCBA has added that the more communication will be done by Safaricom to individual customers especially those who qualify for loans.

Here is NCBA announcement concerning the Mshwari loan limit increase;

NCBA Bank

Remember, Mshwari is a financial service provided in collaboration between NCBA Bank and the largest telecommunications company, Safaricom.

Mshwari is a mobile loans and savings service available over the Mpesa menu. The service is available to both smartphones users through the Mysafaricom app and feature phone users through the SIM Toolkit.

NCBA through Mshwari can give up to a maximum of ksh 50,000 instant loan to the most qualified customers.
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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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