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Sokash Loans
Information by Research TrustFinance
Sokash is a fintech company that operates primarily through a mobile application available on Android devices. Its business model focuses on providing quick, unsecured micro-loans to its users, with funds disbursed directly to their M-Pesa mobile money accounts. The service is designed to cater to individuals in need of immediate cash for emergencies or short-term financial gaps, bypassing the lengthy processes of traditional banks. However, the company and similar digital lenders have faced scrutiny over high interest rates and aggressive debt collection practices.
Nigeria
Industry
Financial