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Digital lender MyCredit gets Sh1.4bn funding
A MyCredit Limited staff (left) engages with a client at their exhibition stand during the 3rd Private Schools Expo and Conference at Sarit Expo Centre in Nairobi on November 29, 2024.
Digital credit provider MyCredit has received Sh1.4 billion in new funding from financiers Oikocredit and BlueOchard for lending to private schools.
The Central Bank of Kenya (CBK) licensed lender says the funding is expected to meet the diverse needs of private schools including investments in technology and the upgrading of school infrastructure and facilities.
