Co-operative Bank of Kenya’s #ticker:COOP short-term loans issued via mobile phone have grown 2.6 times to Sh91.14 billion on increased demand for salary advances due to Covid-19 economic hardships.
The lender discloses that its mobile platform M-Co-op Cash loan book surged from Sh34.58 billion at the end of June last year to Sh91.14 billion at the end of last June.
