KCB is now offering loans to Mpesa Agents to ensure they have sufficient cash float to meet growing customer transaction volumes.
Mpesa agents can now borrow Kshs. 50,000 to Kshs. 5 million to boost cash float. The Repayment period is 12 months.
KCB Bank will also allow MPESA agents to take loans worth up to 6 times their average commissions earned over a 6-month period.
In order for entrepreneurs to access the loan facility, they will be required to visit any KCB branch countrywide in order to access the loan.
Photo Courtesy of Business Daily
Hi, i only have ksh 150,000 to start pls advise
am a new mpesa agent operating for a second month with a float of 15,000ksh.can i be able to access atleast 50,000ksh to boast my float?
Hi i am Evans,i wish to be among the members of the m-pesa agent for building our economic,kindly its highly requesting more guiding .thank you