Wednesday, April 18, 2018
With loans of just $10, this startup has built a financial services powerhouse in emerging markets – TechCrunch
Peris Kimeli and Betsy Cheruyot were students at Kenyatta University thinking about launching a business when they applied for their first loans from the mobile lending company, Tala. Hoping to get a clothing business off the ground and make some money to live on while going to school, the two young Kenyans downloaded the Tala mobile app, and within minutes received loans totaling about $15. “
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