This morning, I had the pleasure of attending the launch of Standard Chartered’s new mobile lending app, SC Juza, at the JW Marriott in Nairobi. SC Juza is a short-term lending mobile app designed to meet the growing demand for short-term unsecured loans that are easily disbursed through mobile wallets. 

In today’s edition of the Business Daily, its been reported that the Kenya Womens Finance Trust (KWFT) is currently testing micro loan repayments from its loanees using Safaricom’s hugely popular M-Pesa service on mobile phones. The pilot, if viable, will be extended to most of KWFT’s branches in coming month’s.