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

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…
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