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Digital lending in Kenya

2 articles
Digital lending in Kenya · LEAD

Digital Lending in Kenya: Willingness vs. Capacity to Repay

In April 2021, a bill that proposed licensing digital lenders was passed by the Kenyan parliament and is now pending approval from the national assembly. Among other things, this bill would require all digital lenders to submit product pricing to the Central Bank of Kenya for approval before launching, a move that seeks to lower […]

Business
Opinion

Urgent Need To Cushion Kenyans From Rogue Digital Lenders

The concept of money lending has been in existence for millennia. Since the commencement of trade, human beings have, on occasion, found themselves on economically unequal situations where one cannot always afford to pay for what they need. It is for this reason that in early civilisations, farmers would borrow seeds and repay with grain […]

Opinion

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