Loans
Credit control mechanisms
Credit control mechanisms are strategies, policies, and procedures that organizations use to ensure that customers who receive goods, services, or...
Loans
How SACCOs award loans
Savings and Credit Cooperative Societies (SACCOs) have become an essential part of Kenya’s financial system, providing millions of members with...
Loans
Components of credit documentation
Credit documentation forms the backbone of any lending process within Savings and Credit Cooperative Societies (SACCOs), banks, and other financial...
Loans
Importance of credit documentation in SACCOs
Credit documentation plays a critical role in the operation of Savings and Credit Cooperative Organizations (SACCOs). It forms the foundation...
Loans
Challenges in credit documentation
Credit documentation forms the backbone of any lending process, providing the legal and operational framework that defines the relationship between...
Loans
How to save while in debt
Many people believe that they should clear all their debts before saving for the future. While reducing debt is important,...
Loans
Government unveils loans for MSMEs through licensed financial institutions
The government has announced a new loan programme targeting Micro, Small, and Medium Enterprises (MSMEs) through partnerships with licensed financial...
Loans
Importance of loan security
Loan security plays a vital role in the lending process between financial institutions and borrowers. It is an asset or...
Loans
Most preferred type of loan security
When applying for a loan, one of the key requirements from financial institutions is providing security or collateral. Loan security...
Loans
Types of loan security: Understanding what borrowers can offer as...
When applying for a loan, one of the most important considerations for lenders is the borrower’s ability to repay. To...