Microfinance to cash in on festive season with holiday loans

The festive season is always a time to be extravagant. Many households and individuals overshoot their budgets by miles, meaning that a rough time awaits them in January when schools open and children need fees, books and uniforms.

It’s this financial difficulty that micro-lending institution, Jijenge Credit Limited is seeking to cash in on, offering credit to offset school fees and holiday splurge at a discounted rate of 5.9 percent.