Nearly two decades after transforming how Kenyans pay, save, and transfer money, Safaricom is turning its attention to a credit market where banks are reluctant to lend beyond established borrowers, pushing millions of small businesses and households to expensive digital loans and shylocks.
ai-technology1 min readAI
M-PESA’s next act begins where banks still fall short: lending
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TechCabal
Afrika2063
July 1, 2026
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Nearly two decades after transforming how Kenyans pay, save, and transfer money, Safaricom is turning its attention to a credit market where banks are reluctant to lend beyond established borrowers, pushing millions of small businesses and households to expens
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Agenda 2063 Relevance
Auto-inferred · Africa's Long-Term Development Framework
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relevance
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Science & InnovationHuman DevelopmentEconomic GrowthCultural HeritageCreative Economy
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