loan defaults Stories

New law prohibits lenders from using threats on borowers during loan recovery
Lucy Mumbi  |  Jan 06, 2025

The new provisions aim to curb exploitative practices in the microfinance sector, offering enhanced safeguards for borrowers and guarantors.

Kenya Power eyes debt collectors to collect Sh35.69B defaulted bills
Ibrahim Omar  |  Feb 10, 2024

Government ministries, departments, and agencies (MDAs) and county governments are the main defaulters on power bills.

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