Posts

Showing posts with the label Debt Management.

Why Kenya Farms So Much but Still Worries About Food: The Fix Starts in the Field.

Image
  Why Kenya Farms So Much but Still Worries About Food: The Fix Starts in the Field. Food security is not simply about how much food a country produces; it is about whether every person can consistently access sufficient, safe and nutritious food to live a healthy life. It rests on four interconnected dimensions: availability, access, utilization and stability. Availability asks whether enough food is produced, imported or stored to meet demand. Access considers whether households can afford that food and whether transport and distribution systems can deliver it where it is needed. Utilization concerns the nutritional quality, safety and proper preparation of food, while stability examines whether people can depend on these conditions throughout the year, including during droughts, floods, economic shocks and seasonal shortages. These dimensions explain why agricultural production alone cannot guarantee food security in Kenya. A strong maize harvest, for example, does not autom...

Understanding the Snowball vs. Avalanche Methods of Debt Repayment: A Guide to Gaining Financial Freedom.

Image
  Debt is a burden that many individuals carry, often silently. Yet, its weight can impact all aspects of life—financial stability, emotional well-being, and future opportunities. While taking on debt can be necessary for education, homeownership, or emergencies, it often becomes overwhelming. The feeling of not knowing how to tackle a mountain of debt can paralyze someone. Not knowing where to begin can also prevent them from taking the right steps forward. The Snowball method and the Avalanche method are the two most popular debt repayment strategies. They offer different but effective approaches to managing and eliminating debt. Each method has its merits, and the key lies in understanding how each works. It's important to know why debt repayment matters and the significant benefits that come with financial freedom. Why Debt Repayment Matters: Understanding the Impact. Debt repayment is more than just a financial obligation; it’s a way of reclaiming control over your life. Wh...

Steps on How to Fuliza: A Quick Guide to Accessing M-Pesa Overdraft. 

Image
  Make Sure You Have an M-Pesa Account : First, make sure you're registered with M-Pesa. You can visit a Safaricom agent to sign up if you're not already a user. Activate Fuliza on Your M-Pesa : Dial *234# on your phone. Select the Fuliza M-Pesa option from the menu. Follow the prompts to agree to the terms and activate the service. You will receive a message confirming that Fuliza is activated and stating your overdraft limit. Check Your M-Pesa Balance : Before making a transaction, it's always helpful to know your balance. Fuliza will only come into play when you don’t have enough money in your M-Pesa wallet to complete a transaction. Start a Transaction : When you're ready to send money, pay a bill, or buy something using M-Pesa, initiate the transaction as usual. If your balance is insufficient, M-Pesa will notify you. It will provide an option to "Fuliza" to complete the transaction using the overdraft. Confirm the Use of Fuliza : You wi...