We may earn money or products from the companies mentioned in this post. please note that some of the links below are affiliate links, and at no additional cost to you, we will earn a commission when you use one of the links. The company pays us for referral link sharing, which helps us run this blog and give our in-depth content to our readers for free.
The overwhelming majority of loans from Equity Group Holdings are processed via mobile in Kenya, where the pan-African bank is now seeking to further push for digital SME lending, says Mary Wangari Wamae, the group executive director.
“Right now [in Kenya], about 95% of all the loan transactions in the bank are happening on the mobile [phone],” she told The Africa Report on the sidelines of the African Financial Industry Summit in Togo in late November.