Defaulters risk auction in Lipa na M-Pesa loan

Safaricom

Safaricom is working on the return of a zero-interest credit service for the purchase of goods. FILE PHOTO | NMG

Photo credit: File | Nation Media Group

Safaricom will deploy debt collectors to pursue unpaid loans in its planned zero-interest credit service that will allow millions of its customers to shop for goods worth up to Sh100,000 and pay later.

The involvement of debt collection agencies could set up thousands of borrowers for property seizures.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.