HELB loan defaults Stories

According to HELB CEO Geoffrey Monari, accountants top the list of non-payment, with only 11 per cent of the active ones repaying their loans. Out of...

The CBK survey revealed that banks plan to ramp up loan recovery efforts in eight of the 11 economic sectors and maintain the current pace in the rema...

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

Kenya Kwanza had pledged to set aside Sh50 billion annually for the Hustler Fund, but allocated only Sh20 billion to the fund in its first budget.

Audit shows Kenya Railways' revenue from its operations was insufficient to cover the maturing loan obligations, leading to additional penalties.