KCB-M-Pesa, a mobile based account offered solely to registered and active Safaricom M-PESA customers has unveiled an offer for its customers during this difficult month of the year.
The mobile based account will provide access to loans with a low interest rate of 1.08 percent per month and a negotiation fee of 2.5 percent with 4.08 percent cost for the one-month loan which will be repaid using M-Pesa with excise duty applicable on negotiation fees.