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Micro-lender Branch eyes SMEs with loans in deal with Jumia

Jumia Kenya MD Sam Chappatte (left), vendor relationship manager Ben Kimutai  (centre) and Director of Africa for Branch Daniel Szlapak. PHOTO | COURTESY

By  DOREEN WAINAINAH

Mobile phone-based lender Branch has partnered with e-retail platform Jumia to offer start-up loans for small-scale traders.

The sellers on Jumia will access loans of up to Sh30,000, repayable within six months, to finance their businesses.

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