Home Business Dimkes Sacco unveils M-chipuka, app based e-loan platform for...

Dimkes Sacco unveils M-chipuka, app based e-loan platform for members to access remotely

M-chipuka an e-loan facility has been unveiled by the Dimkes Sacco seeking to enhance members access to loans wherever they are. The facility is both accessible from an iOS app, Android App as well as via USSD code. M-chipuka touts itself to be available from anywhere whether members are in public transport, at their homes, offices or businesses.

How to access M-Chipuka;

  • Via an android app available on the google play
  • Or through the app store for those with iPhones
  • And through USSD code if you don’t have a smart device by dialing *850# then selecting option 7.

While commending on the development during the launch event, Dimke’s CEO Benson Macharia acknowledged that digital loan apps had disrupted the market thus challenging traditional players such as banks and Saccos to rethink their strategy. He also added that their entrance into the digital lending space was to protect their interest and prevent members from relying on other sources for short term loans.

He also pointed out that businesses today are dynamic and uncertain due to globalization, and that the ever changing customer needs and the accelerating pace of technology among other market forces compel them to keep changing and evaluating their strategies. Concequently, the CEO was quick to note that M-chipuka will therefore seek to provide credit to its members as required by the Kenyan Laws and to acquire leverage technologies to be able to survive and achieve superior performance.

LEAVE A COMMENT

Please enter your comment!
Please enter your name here

Huawei Y5p available at Safaricom shops with a Jisort na Bonga offer (Ksh.8,999 + 4,000 points)

Huawei’s budget focused Y5p is now available at Safaricom shops with a “Jisort na Bonga” offer where customers have the option of...

New law seeks to punish misleading online advertising and inaccurate mileages on vehicles

A new law that is up for debate in parliament, if passed, will seek to punish online retailers that provide inaccurate information...

OPPO officially introduces the OPPO Reno4 in Kenya, to retail at Ksh. 39,999

OPPO has launched the Reno4 in Kenya in an online event that was officiated by OPPO Kenya's Product Manager Mr. Ernest Teigut....

Realme C15 comes to Kenya with a 6000mAh battery, Quad-camera setup for Ksh. 17,000

Since Realme opened shop here in Kenya, we’ve seen some of the best combinations of value and money thus far, it has...

Itel unveils S16 series with a 6.6-inch display and 4000mAh battery during brand launch

Itel on a mission to boost its brand in Kenya and the continental Africa, has unveiled a range of devices in the...

TikTok, WeChat will be unavailable in the US app stores starting this Sunday 20th 2020

Looks like Trump is making good on his promise after all, after the US department of Commerce announced its intentions to restrict...

Expect PS5 in Kenya from November 2020, here is what you need to know before buying

Sony has finally put a price tag on its next gen gaming hardware – the Play Station 5, and we also know...

OPPO set to unveil OPPO Reno4 and OPPO Watch in Kenya, here is what you need to know

OPPO is planning to officially unveil the much anticipated Reno4 in Kenya on the 21st of September 2020. The launch event is...