Secrets of surviving in the loan services industryMid-level lenders offering credit facilities currently face stiff competition from various quarters. He talked to Financial Standard about the challenges he faced venturing into credit services and what the future holds for the industry. Because while with unsecured loans the profit margins are high, the risks involved are high too. Of course, we have to compete and attract clients and that means giving loan facilities that won’t be burdensome to our clients. As for mobile money loans, regulations have capped the amount that can be disbursed to Sh70,000.

Source: Standard Digital April 29, 2019 22:52 UTC