MoMo Rwanda launches Shuga, offering quick digital loans of up to Rwf1 million

Source: IGIHE English · 2026-10-21T10:12:51.000Z · Technology

Mobile Money Rwanda Ltd (MoMo Rwanda), in partnership with Bank of Kigali PLC (BK) and Yabx Technologies (Yabx), has launched Shuga, a new digital loan service that allows eligible customers to borrow between Rwf500 and Rwf1,000,000 directly from their mobile phones.

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