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Safaricom Board Chairman Michael Joseph. He regrets the borrowing spree witnessed on M-Pesa linked lending products. [David Njaaga, Standard]
For all the good things M-Pesa has brought, Michael Joseph, the man who gave life to the transformational idea that won global praises has some regrets too; the borrowing frenzy.
Mr Joseph regards himself as the “mother of M-Pesa” and has since 2007, then serving as Safaricom CEO, watched the idea grow into becoming one of the most admired innovations in Kenya and the world.
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