NCBA adds 17 million new Fuliza customers

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A Safaricom's M-Pesa app user. FILE PHOTO | DIANA NGILA | NMG

NCBA Group added 16.8 million customers to its short-term loans service Fuliza in the year ended December, underlining the rapid growth of consumer credit.

The company says in its latest annual report that the customers on the platform, which has daily charges for loans that are repaid within a month, had increased to 33.9 million in the review period.

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