Mwananchi Credit Limited has introduced a new product line: Rental Income Loans to help house owners cover unpaid rent by tenants whose earnings have been cut short by Covid-19. In a statement, the credit firm said the loan will be secured by the rental income that the property collateral gets on a monthly basis. ''A landlord or lady just needs to present a title deed and a sign Rental Agency Assignment Deed. “At Mwananchi Credit, our key focus is providing emergency financing with the greatest level of convenience to the customer. Their main loan product lines include logbook lending, car asset financing and title deed loans.

Source: The Star May 17, 2021 05:48 UTC