Centum credit arm lends civil servants Sh200m

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Guests during a Centum investor briefing in Nairobi on May 29, 2023. PHOTO | EVANS HABIL | NMG

Centum Investment’s startup credit business issued over Sh200 million to civil servants in nearly one and a half years, highlighting the fight to lend to borrowers deemed less risky.

The diversified investments firm says in the latest annual report that the sum was issued by Jafari Credit, a non-deposit-taking microfinance company that it set up in mid-2021 but started operations last year.

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