M-KOPA Kenya Has Paid over $1.6b in Credit Since 2010, Now Served 4.8m Customers

M-KOPA Kenya has paid over $1.6b in credit since 2010, now served 4.8m customers

M-KOPA Kenya, the Kenyan arm of the Pan-African fintech company, announced that it has unlocked over $1.6 billion (KES 207 billion) in credit and served 4.8 million customers traditionally excluded from formal finance since 2010. This is a testament to the company’s contribution to bridging digital and financial inclusion across its five markets. In its first Kenya-focused Impact Report, M-KOPA noted that it has remained dedicated to supporting …

M-KOPA's Loan Book in Kenya Surpasses KES 207 Billion

Fintech firm M-KOPA has revealed the substantial scale of its credit operations in Kenya, with its loan book unlocking over KES 207 billion in credit for traditionally unbanked individuals since 2010. The figure is a key highlight in the company’s first Kenya-specific Impact Report, which details a decade of contribution to financial access, digital inclusion, … The post M-KOPA’s Loan Book in Kenya Surpasses KES 207 Billion appeared first on Tec…

M-KOPA crosses $1.6 billion in loans as PAYGO market expands

M-KOPA Kenya, the Kenyan subsidiary of pay-as-you-go startup M-KOPA Holdings, has crossed $1.6 billion (KES 207 billion) in credit given to its customers in East Africa’s largest economy, a milestone that points to how it has become embedded in the country’s consumer credit market. On Monday, M-KOPA released its first Kenya-focused impact report, tracing how the business has grown from selling solar systems in rural areas to becoming one of Keny…

M-KOPA claims to have unlocked Ksh. 207 billion in credit in Kenya

M-KOPA has today released its first country specific Impact Report which is focusing on the Kenyan market. The company claims to have unlocked over Ksh. 207 billion in credit for 4.8 million customers in Kenya since 2010. Martin Kingori, General Manager, M-KOPA Kenya, commented: “Kenya has always been the beating heart of M-KOPA’s progress journey. […] The post M-KOPA claims to have unlocked Ksh. 207 billion in credit in Kenya appeared first on …