Excited to be working with a great team to try and bring more transparency to financial services in Kenya. Follow
@money254HQ and track our progress here: https://t.co/0dJvhMvdIA
We are pleased to announce you can now compare accurate and unbiased insurance offers from leading underwriters in Kenya and apply online with our insurance comparison partner @mTek_Services
https://t.co/HDwL82BdWN
#Money254#mTek#Insurance
If you are curious about learning more about different investment types in Kenya including MMFs, T-bills, and Bonds, @KCBGroup is hosting a Twitter (now X) Spaces session from 6 pm.
Please join via the link below. Your presence will be highly appreciated
https://t.co/grSdGccJFz
With rising cost of living, many may be anxious about their financial future. For those who are not as anxious, chances are they have some form of passive income.
Set a reminder for this @KCBGroup space for a discussion on how to create a financial safety net for yourself.
What should you know before applying for a logbook loan in Kenya? You can read our overview in @BD_Africa today.
In collaboration with #BDAfrica, we'll be sharing tips and delving into common money questions and concerns. Keep it #Money254 for more!
https://t.co/Y5ajdth8JH
While we are so used to spending money digitally, how often do you think about saving through digital means?
Well, this article, in partnership with @AbsaKenya, explores if a digital savings account is what you need to power your 2023 savings goals.
https://t.co/goqwRD9zPY
FOLLOW UP TWEET!
Want to play fund manager and see what terms you’d need to set the Hustler Fund product to, to keep it afloat? Or just check our math on the scenarios?
Link here:>>
https://t.co/eVgKgzTNwg
HUSTLER FUND FOOD FOR THOUGHT:
If all 50bn went to the 14-day loan at 8% p.a, the Fund would need to achieve a 99.7% repayment rate on each 14-day cycle to stay afloat.
If it only achieves 75% repayment rate, 90% of its money would be lost within 4 months.
Let’s dive in 🧵
1/
HUSTLER FUND FOOD FOR THOUGHT:
If all 50bn went to the 14-day loan at 8% p.a, the Fund would need to achieve a 99.7% repayment rate on each 14-day cycle to stay afloat.
If it only achieves 75% repayment rate, 90% of its money would be lost within 4 months.
Let’s dive in 🧵
1/
Happening Now: Hustler Fund Launch at the Green Park Terminus in Nairobi. The fund, a core campaign promise of the Kenya Kwanza administration has a seed capital of Ksh50 billion
#Money254#HustlerFundLaunch
Yesterday, our CEO @Locathain spoke at Kenya’s first debt collection conference on the importance of being transparent in pricing to drive loyalty and on-time collections.
#Money254
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https://t.co/wllba73yQu
What would you do if you were unexpectedly turned down for financial assistance when you needed it the most? Many people sadly encounter difficulties borrowing because they are CRB blacklisted.
Well, what is CRB? Find this and more in the article below...
https://t.co/cz5AMpbOjl
@hispanista@kelly_simonx It was incredible to witness Barshim on …not just Irish soil…..Athlone soil….the innovation of AIT led by the indefatigable @CiaranOCathain and his inspired passionate team gave us dark February and otherwise bleak nights to remember….
Hearty congratulations to our member @money254HQ, a Kenyan startup for being named as the grand prize winner of the @MIT 2022 FinTech Startup Pitch Competition.
Here's how they got here: https://t.co/aO0T2LFlrQ
#Funding#StartupsEcosystem#ConnectCoworkCreate
The Massachusetts Institute of Technology’s (MIT) FinTech Conference has named Kenyan startup, @money254HQ , as the grand prize winner of their 2022 FinTech Startup Pitch Competition.
Read more: https://t.co/z5gB3C0TgB
Money254 has beaten over 100 fintech startups in a global competition.
The Massachusetts Institute of Technology’s (MIT) FinTech Conference has named the startup the 2022 FinTech Startup Pitch Competition winner.
https://t.co/uDzBBNUgCB