informal loans Stories

Kenyans drop fridges, sofas and cars as loan collateral, turn to livestock
Kenyans drop fridges, sofas and cars as loan collateral, turn to livestock
Lucy Mumbi  |  Sep 22, 2025

Data from the Business Registration Services reveals that the total number of items pledged fell to 132,374 in the year ended June 30, with most Kenya...

Kenya leads in mobile money borrowing as Sub-Saharan Africa leans on informal loans - World Bank Report
Kenya leads in mobile money borrowing as Sub-Saharan Africa leans on informal loans - World Bank Report
Rachael Mutabasi  |  Jul 23, 2025

In 2024, 32 per cent of Kenyan adults borrowed from mobile money providers, the highest share in the region.

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