Sidian Bank says it has so far advanced 138 loans to Uber drivers under a credit model that is dependent on driver ratings on the ride-hailing app.
The Centum-#ticker:ICDC backed tier III bank, formerly known as K-Rep, began issuing asset-financing Uber loans in June last year, offering up to Sh1.5 million at concessional rates to drivers with high performance and customer satisfaction ratings.
