Home business kenya WHY YOUR MSHWARI LOAN LIMIT IS ZERO

WHY YOUR MSHWARI LOAN LIMIT IS ZERO

M-shwari is a short loan service offered to Safaricom customers. A customer has to be an active line user for at least six months to acquire a loans from M-shwari.

The question that is frequently asked by M-shwari customers is why the loan limit is 0. Well, here are the reasons:You have two Safaricom lines. When using Mpesa

1 Mshwari you can only use one active Mpesa account. If you have two then this might contribute to the reason why you loan limit is 0. Try using one Safaricom line for you Mpesa activities

2 You did not repay your on time. Staying with a loan on M-shwari for more than 6 months will prevent you from acquiring another loan even if you pay later.

3You are blacklisted by CRB. Checking your CRB status is very important before applying for a loan. If you are blacklisted their are minimal chances of getting a loan from M-shwari.

4 You are not using M-shwari frequently. To increase your loan limit from zero, a person is required to engage in several money transaction activities in Mpesa. Frequent deposit and withdrawal from your M-shwari account will increase the limit.

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