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Tala gets 95% repayment rate

Tala, which claims it can process and approve loans in one day, is claiming to have 95-percent repayment rate.

The lender also claims to have served that more than 6 million people across Kenya, the Philippines, Mexico, and India, have used Tala products to start and expand small businesses, manage day-to-day needs, and pursue their financial goals with confidence.