Category: Sh250000
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Digital lender to pay man Sh250,000 for wrong listing as loan guarantor
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Digital lender, Azura Credit Limited, has been ordered to pay Sh250,000 to a man who harassed him over a loan he allegedly guaranteed on behalf of a borrower. A loan guarantor is a third party that agrees to repay the loan if the borrower defaults. In a new ruling, the…
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Should I take a Sh250,000 loan to open a new business for my wife?
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a question: I am married with two children aged five and nine. I work in Nairobi but my family lives in the countryside. This is my third month of work and I am earning a net salary of Sh43,500. My budget is as follows: rent in Nairobi Sh9,000, rent in…