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MPESA Vendors, An easy Target for Thugs.

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2012		#11 Posted : Monday, December 17, 2012 2:03:26 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		hisah wrote: 2012 wrote: hisah wrote: Is it just mpesa or all mobile money agencies? If just mpesa some more investigation is required. Mpesa is almost guaranteed. I don't even know one person with airtel money or the other operators. Or were you referring to agent banking? I think mpesa is easy prey and they not only need to invest in insurance but more importantly security. I meant the mobile money agency chain. How come mpesa features prominently? What makes the banking agency model hard to target? The law of probability. Probability of an mpesa customer coming to your shop are higher than a customer who's come for other products or services. While there are many equal like banks reducing the probability of someone coming for agent banking deposit. BBI will solve it :)
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digitek1		#12 Posted : Monday, December 17, 2012 2:30:33 PM
Rank: Veteran Joined: 2/3/2010 Posts: 1,797 Location: Kenya		FUNKY wrote: They must be covered by Insurance. what kind of insuarance is available and how does it work out I may be wrong..but then I could be right
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kangi		#13 Posted : Tuesday, December 18, 2012 10:21:04 AM
Rank: Member Joined: 7/23/2009 Posts: 526		digitek1 wrote: FUNKY wrote: They must be covered by Insurance. what kind of insuarance is available and how does it work out Check with CIC Insurance they have products that cover SME's and the rates are good.The product is called Biashara Salama and covers losses up to Kshs. 5M the risks include fire, lightning and burglary at the rate of 1.1% of sum insured with a minimum of Kshs. 1,547 p.a. Accept no one's definition of your life; define your life.
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