ArabFinance: Souhoola, the consumer finance arm of CI Capital Investment Banking, signed with Jumia Egypt to allow customers to pay for their purchases in installments, according to Al Mal news website.
Souhoola recently contracted with entities in different fields such as Ranein, Trade Line and Tycoon, Souhoola CEO Hazem Madani said, noting that Souhoola cut its targeted deals from 2500 to 2000 due to coronavirus pandemic.
On the other hand, the consumer finance company is in talks with 6 universities to pay their academic year fees in installment, Madani reported.
Souhoola is a financial services company offering consumer finance and installment products to diverse customers whether they are banked or non-banked.
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