On matters microfinance

I am doing a research on the acceptability of micro finance institutions by the working population. Like platinum and momentum credit co.How willing would you be to seek a financial solution from them and the perception towards them and the general experience if any.

Hapa itabidi ufanye quantitative survey with a sample then follow up with qualitative Focus Group Discussions with the target group of respondents

They are emergency loaners, their interest is high. if you find yourself trapped in try and offset it as early as possible before the agreed period.

I visited Platinum and was shocked at their terms. For a loan of Sh200,000 you end paying something like Sh40K in two months. That’s 25%. I was out of there like a bat from hell…

Kumbe wewe ni peasant hivi
200k issa pocket change not loan

That’s the interest rate they charge…?

Their interest rate is 36% p.a

Pure BS. Hidden charges?

Huyo mzee anakaa mashida shida hivi. Someone refered to him as yule jamaa omba omba:D. And what’s his obsession with people’s IQ and small brains.

Platinum sio microfinance, hao ni shylock. Kama Antonio wa Merchant of Venice. Gerrit??? Revise hiyo thesis, kubaff!

Muzee kumbe wewe ni peasant kabisa. N the way i had respected u

200K Is money blown over one or two weekends

Kijana si una maringo. Typical male diva

Yes. A thorough quantitative + a qualitative approach (recursive analysis for the latter may be preferable) is the way to go.

Kwani how much do you make? Kuna watu hutengeneza 120k per day banae

U are a fool if u expect me to answer that here

Atleast peana range