lenders 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.

Appetite for loans rises as Kenyans grapple with squeezed disposable income
Alfred Onyango  |  Oct 25, 2024

The latest report by Kenya's most funded fintech, M-Kopa, for instance, indicates that the demand for loans has surged.

CBK approves 27 more digital lenders to offer credit services in Kenya
Alfred Onyango  |  Oct 01, 2024

The move brings to 85 the total number of licensed digital credit providers in the country.

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