Updated Tue, June 21st 2016 at 12:45 GMT +3NAIROBI, KENYA: A new savings and credit cooperative society (Sacco) powered by mobile technology has been launched in Kenya. HOME PESA Sacco, a licensed Sacco, enables members to register online at its website www.homepesasacco.com to save and borrow loans. The CEO said members can monitor their savings and loan levels from the comfort of their homes and or offices using mobile phones. Members can make their contributions using M-Pesa and Airtel Money and credit cards from anywhere in the world. The platform enables members to register using debit/credit cards from a variety of financial institutions such cards Visa, Master Card, American Express, Paypal, Airtel Money and M-Pesa.

Source: Standard Digital June 21, 2016 09:45 UTC