MPESA expands services into loan repayments and savings contributions.
O'brien Kimani
Monday, May 4, 2009 - 14:13
Safaricom subscribers can now use MPESA to make their monthly loan repayments and saving contributions.
Customers of
Small and Micro Enterprise Programme (SMEP), can now use Safaricom's
MPESA service to make their monthly loan repayments and saving
contributions.
The development follows the launch
of the service Monday offering the organization's over 51,000 customers
a reliable and convenient means of repayment.
Speaking
during the launch, Safaricom Chief Executive Officer Michael Joseph
said the company would continue entering into strategic partnerships to
create innovative products and services that meet the requirements of
both the customers and business partners.
"We are
committed to offering business solutions that make it easier for our
partners to serve their customers effectively. As part of this
strategy, we are in constant touch with public utility companies,
financial institutions, supermarkets and fuel stations among others,"
he said.
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