PostBank, MTN launch digital micro lending solution

Richard Yego, CEO of MTN MoMo, noted that by making micro-loans easily accessible, they are able to provide financial relief and open doors to opportunities that improve livelihoods and support businesses.

PREMIUM Business

Richard Yego, CEO of MTN MoMo (3rd right) and Julius Kakeeto, managing director at PostBank (2nd left) during the official launch of the product.

NewVision Reporter

@NewVision

#Business #PostBank #MTN #Digital micro lending solution #MTN MoMo

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KAMPALA - PostBank and MTN Mobile Money (MTN MoMo) have unveiled Xtracash, a digital micro-lending platform designed to provide short-term loans to MTN mobile money subscribers.

The

PostBank, MTN launch digital micro lending solution

Richard Yego, CEO of MTN MoMo, noted that by making micro-loans easily accessible, they are able to provide financial relief and open doors to opportunities that improve livelihoods and support businesses.

Richard Yego, CEO of MTN MoMo (3rd right) and Julius Kakeeto, managing director at PostBank (2nd left) during the official launch of the product.

NewVision Reporter

@NewVision

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