Mobile lender Tala shuts down operations in Tanzania

Mobile lending company Tala on September 17, 2019 announced that it is closing its operations in Tanzania. PHOTO | NATION MEDIA GROUP

What you need to know:

  • The company urged customers with outstanding balances to repay the loans.

Mobile-based online lending firm Tala has announced that it is shutting down its operations in Tanzania, without giving an explanation.

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