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BORROWER TESTIMONIAL

Bonnie's Journey: One of Our First Borrowers Shares Her Story with Dan Smith

In this heartfelt testimonial, Bonnie shares how Afrecash microloans have transformed her life since she became one of the program’s first borrowers in 2018. With access to small loans, she has successfully grown her business, providing a stable income that allows her to support her family. Thanks to Afrecash, Bonnie can afford her son’s education and take care of her 90-year-old mother. She highlights how the program empowers women by giving them the financial assistance they need to build better futures for themselves and their families. Bonnie’s story is a testament to the life-changing impact of microfinance.

The FinTech Alliance in Kenya Expected to Change How Digital Lending Institutions Expand to New Local and Global Markets

By: Rendi Nyangua

In January 2025, five major associations in Kenya’s financial sector united to form The FinTech Alliance (TFA), an umbrella organization dedicated to "driving meaningful change" in the FinTech industry.

Fintech—derived from "financial" and "technology"— typically refers to the use of modern technology to offer financial services, such as banking and credit products to consumers. 

Kenya is a hub for FinTech innovation in Africa, and the newly formed TFA aims to reinforce the region's leadership in this sector.

The five associations that make up The FinTech Alliance are:

• Association of Fintechs in Kenya (AFIK)

• Fintech Association of Kenya (FINTAK)

• Blockchain Association of Kenya (BAK)

• Digital Credit Providers Association of Kenya (DCPAK)

• Digital Financial Services Association of Kenya (DFSAK)

Prior to joining forces, these organizations were already advocating for sustainable growth in their respective areas. For example, DCPAK engaged with regulators and policymakers on issues affecting the digital credit ecosystem in Kenya, while FINTAK supported financial institutions in launching new digital products and transformation initiatives.

The FinTech Alliance now enables the five associations to create a unified voice, seizing opportunities to drive innovation and growth in the FinTech sector. A key focus will be collaborating with government agencies and regulators to develop policies and regulations that ensure financial stability while protecting consumers.

Since access to capital is a significant challenge for many startups, TFA plans to foster partnerships within the FinTech sector, connecting its members with lending institutions for funding and capital for scaling up. This initiative can benefit credit providers, including micro-lending companies like Positiviti Lending, by making it easier to identify motivated entrepreneurs and high-impact businesses seeking affordable financing to expand their operations and increase profitability.

Furthermore, the new FinTech Alliance aims to enhance access to global networks for its members. This will provide amazing opportunities not only for its members but also for their partners. For instance, when partnering with Positiviti Lending, which plans to expand to other countries, it becomes easier to identify promising microlending markets and gain access to local industry regulations.

Like any other rapidly growing industry, the FinTech sector may face challenges that can hinder growth or affect customer satisfaction. However, during the TFA launch, Mr. Ali Hussein, the spokesperson for The FinTech Alliance, emphasized that uniting FinTech companies gives them a "better position to address challenges in the industry."

With The FinTech Alliance, members now have a unified voice to push back against unfavorable government regulatory reforms. It also facilitates collaboration with partners, enabling them to combine their diverse skills and knowledge to thrive in the dynamic FinTech landscape.

2025 Central Bank Rates in Kenya Still Higher than Leading Micro-Loans Fees

By: Rendi Nyangua

Photo credits: Capitalfm.co.ke

In February 2025, the Central Bank of Kenya (CBK) lowered its base lending rate from 11.25% in an attempt to stimulate growth in private sector lending, which had been declining.

This decision came just two months after the Monetary Policy Committee (MPC) reviewed and implemented the 11.25% lending rate in December 2024. However, credit growth in the private sector remained low, with the MPC citing reduced demand due to high lending interest rates.

The MPC, the decision-making body within the CBK responsible for ensuring economic stability, had urged banks to reduce their lending rates. Small banks offered the cheapest loans ranging from 11.46% to 14.11%. However, the most affordable Tier 1 lender ended 2024 with a lending rate of 16.80%, although it was 12.39% around July of the same year.

The lending interest rates were even higher in the microlending industry, with many digital loan platforms in the region charging 35 – 70% in total interest and fees. This means Positiviti Lending at a lending rate of 8 – 24%, but with most loans at 18 – 20% fees, has been the most affordable micro lender in Kenya in 2024 and going into 2025.

That said, the Monetary Policy Committee, during the recent meeting on February 5, 2025, agreed to lower the central bank rate (CBR) to 10.75%, down from the previous 11.25%. According to Dr. Kamau Thugge, CBS Chairman of the Monetary Policy Committee, this reduction aims for banks to also "lower their lending rates further and stimulate growth in the private sector."

But despite the revised CBK lending rates, micro-lending institutions are still the preferred option for many borrowers in Kenya in 2025. For example, Positiviti Lending, through its digital loan app Afrecash, continues to offer fees as low as 8%, which is yet lower than the CBK's latest base lending rate for commercial banks.

Secondly, many Kenyans remain unbanked or underbanked, limiting their access to traditional bank loans. As a result, they turn to microlending companies like Positiviti Lending, where they can secure business, school, or emergency loans without significant collateral.

Notably, the CBK's lending rate has dropped steadily since June 2024, when it stood at 13%. During the 2021–2022 period, the CBR was even as low as 7%.

Therefore, microfinance institutions must be alert to these changes in private-sector lending and adapt accordingly. The CBK appears motivated to stimulate growth in the sector and has encouraged banks to adopt a risk-based credit pricing model (RBCPM) to improve lending practices.

Did you miss it... World Workforce International Annual Meeting held January 31st?

It's okay! Replay Access of annual meeting in English and Closed Caption Spanish Now Available! Hear from our CEO at Positiviti, Micah Asay and many others with most current updates and outlook for 2025.

Have You Heard About Our New Family & Friends Plan?

The Family and Friends Plan offered by Positiviti Lending is a special lending opportunity available on their micro lending platform. Positiviti Lending is a company that raises capital in North America and operates micro loan services in Kenya.

See New Lending Opportunity

CLIENT TESTIMONIALS

Lender to Microloan representative

I became a lender first and I was very happy with the returns and service from Positiviti. Everything they promised they made good on. The owners and Vice President are people of great character and want success and a Win / Win / Win for everyone involved. ~ John

36% Annual returns while helping others is a Win-Win!

I am more than pleased with the returns I have received in the last 18 months. Every month, I get 3% reported in my Positiviti Account, and each month, I know that my participation is helping thousands of Small and Micro businesses in Kenya get access to capital to build up their businesses. Earning 36% annual returns while helping others is a true win-win investment. What is better is we did a friends and family account so even my kids earn 36% annual returns as part of our account. If you are not earning 36% annually consider participating in Positiviti Lending. You will be as happy as I am. ~ Dan

Amazing microlending platform with high returns

Amazing microlending platform with high returns. The staff is incredibly helpful. I have seen positive returns of 3% month consistently on my money since enrolling in the Family and Friends plan. Positiviti is the real deal. I continue to recommend them to everyone I know. Very happy with the service. ~ John

I went from -4% to 12% by moving it to Positiviti

I was able to take my money out of my 401K from the company I am currently working for, because I was only making -4%. I then put it into Positiviti through Oasis Retirement trust and now I am making 12%. That's a net gain of 16%. Wow, soon I will be making 36% and I can speed up my retirement date. ~ Jan

GREAT program

GREAT program, best interest returns and the best of all it to support people in needs all over the world. ~ Livier

Positiviti is a solid company

Positiviti is a solid company in its development and growth which gives me confidence and peace of mind.

I am proud and grateful knowing with reassurance that the company is:

1- Helping families in Africa.

2-helping families here in the US.
3-The risk is minimized because my money is distributed in small amongs into thousands of people who are contributing to positiviti.

Positiviti has been a very serious company, responsible with my money and my profits. I feel very calm seeing that the world economy is quite unstable and I found this stability with Positiviti, and I am very grateful for all your work. May God continue to guiding this leaders. ~ Elssy

DISCLAIMER: Positiviti Lending is an International Peer-to-Peer Micro Lending Program. Participation in Positiviti Lending is subject to our terms and conditions. Lender Members are advised to read and understand before engaging with our program. Positiviti is a sponsored program within World Workforce International Inc., a 501(c)(5) nonprofit organization's framework. Positiviti Lending is not a bank, is not FDIC insured, and does not guarantee returns. While the program aims to facilitate profitable lending, potential principal loss can occur due to inherent risks. Positiviti Lending is not an insurance program and shall not be liable for any claims, damages, or losses arising from misconceptions regarding the nature of the program. Participation in Positiviti Lending signifies acceptance of these terms and conditions.

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