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5 Great Tips For Achieving Financial Security

5 Great Tips For Achieving Financial Security

Although the actual definition of ‘going broke’ may be fluid at best, it is a well documented fact that even multimillionaires sometimes stumble into rough financial times, just like normal folks. It gets especially bad when that happens during old age when opportunities to redeem oneself are hard to come by.With globalization and the cyclic nature of the economy nowadays, financial security has been elusive for the majority. You can have a well paying job today and lose it tomorrow just because your employer decides outsourcing overseas is cool. It is therefore important to take steps early enough to cushion...

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Mpesa Fuliza Makes Grand Entrance

Mpesa Fuliza Makes Grand Entrance

A couple of weeks ago, telco Safaricom released an overdraft facility referred to as Fuliza. Owing to the carrier’s vast reach and robust marketing power, the product has been adopted by many (we do not have the number yet, but it is likely current users are in terms of millions as it attracted 1 million people on its first week), and has in the process allowed M-PESA users access services (PayBill, Send Money and Buy Goods) in cases where they run short of e-money. To date, the product, which Safaricom insists is not a loan facility (well, users cannot overdraw the funds...

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M-Ushindi, The Universal Mobile Loan Service

M-Ushindi, The Universal Mobile Loan Service

Every one of us has at some point found themselves in need of a quick loan to sort out some urgent matters. You could be in a situation where you are unable to access banking services for one reason or the other. There is also the arduous task of providing some form of security – which happens to be one of the key requirements that most financial institutions demand before allowing you access to loan facilities.Ushindi Bora has come up with a mobile based solution, M-Ushindi, tailored to offer instant loans to its members whenever they are in need. You...

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A time for Reflection

A time for Reflection

Every end of the year, Ushindi Bora entire fraternity congregates in one of the numerous resorts around the country to take time to reflect upon the past year’s performance. During this much needed R&R, we look into the challenges we experienced and the opportunities we might have missed as a way of working out how to tackle similar problems come the next financial year. Most importantly, we take time to celebrate our achievements – most notably our thriving M-Ushindi product – and appreciate each member of the team who contributed towards getting Ushindi Bora where it is now. This is usually a...

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