M-Shwari Sees First-Ever Deposit Decline of 44.1% Amidst Increasing Reliance on Credit Facilities

In a surprising turn of events, deposits in the popular mobile lending platform, M-Shwari, took a significant nosedive of 44.1 percent during the year ending March, plummeting from Sh745 billion in 2022 to a mere Sh416.7 billion.
The post M-Shwari Sees First-Ever Deposit Decline of 44.1% Amidst Increasing Reliance on Credit Facilities appeared first on TechMoran…
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechMoran.com – https://techmoran.com/2023/10/09/m-shwari-sees-first-ever-deposit-decline-of-44-1-amidst-increasing-reliance-on-credit-facilities/