Interest/Riba is rent of money or the time value of money. It is the additional amount charged by a creditor in lieu of the time that he gives to the borrower for repayment or delay in payment.
Mpawa Insurance Agency is fully owned by Stima DT Sacco Society Limited. The Agency was licensed under the Insurance Act on 20th May 2019 and offers all classes
of insurance, both life and non-life including medical products.