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Kenyans’ peculiar borrowing

[Courtesy]

We have been accusing the government of using Fuliza at supersonic speed; now it appears the citizens have a higher appetite for cash. Safaricom have revealed that they processed some 300 loans per second, averaging Sh11,000.

For the uninitiated, Fuliza M-Pesa is an overdraft of sorts that one can apply on the go. And the cash trickles in fast.

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