There is some consensus among Kenyans that the government's borrowing habits have in recent times been bad.
But when you launch an overdraft facility and debt-loathing Kenyans compare the country's borrowing frenzy to it, then the product is as popular as it is infamous.
The image of Fuliza, an overdraft facility that allows Safaricom's M-Pesa users to complete mobile money transactions even when they do not have enough cash in their mobile wallets, has been badly battered.
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print
operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a
leading multi-media house in Kenya with a key influence in matters of national
and international interest.