Mwanachi Credit has been ranked as the top most preferred lending company in Kenya, according to a survey by Kenya Track.
The survey, released on Friday, November 22 also ranked Jijenge Credit, Together As One Ltd, Progressive Credit and Platinum Credit Ltd in the top credit-lending companies in the country.
The financial services industry in Kenya has experienced rapid growth in recent years, driven by advancements in technology and the increasing demand for accessible credit solutions.
As a result, various lending companies have emerged, offering a wide range of products designed to cater to the diverse needs of individuals and businesses across the country.
The aforementioned lenders have significantly altered the landscape of personal and business finance.
The Kenya Track study aimed to provide an in-depth analysis of consumer preferences, shedding light on the factors that influence the choice of lending institutions among Kenyan borrowers. These factors may include loan accessibility, interest rates, customer service, reputation, and digital platforms’ user-friendliness.
