IFC to promote mobile digital loans in East Africa to support SMEs

NAIROBI, Sept. 2 (Xinhua) -- The International Finance Corporation (IFC) said on Thursday it plans to promote the uptake of mobile digital loans in East Africa in order to boost the development of small and medium enterprises (SMEs).

Bartol Letica, senior financial sector specialist of the IFC, told journalists in Nairobi that through supporting the development of a credit information system, small entrepreneurs