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Added: 6 months 1 week ago
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Airtel launches cash credit facility for subscribers
Airtel's mobile phone based financial solutions are riding on a cumulative growth that has seen its Airtel money generate a monthly turnover of Shs1.5 trillion

Airtel's mobile phone based financial solutions are riding on a cumulative growth that has seen its Airtel money generate a monthly turnover of Shs1.5 trillion. The telecom firm has now launched a cash credit facility to its customers.

Launched in partnership with Jumo, a licensed information technology driven money transfer company, Airtel’s "Wewole" service is now extending loans of between 8,000 to 500,000 to its customers and agents; at a service charge of 8% and 6.7% respectively.

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