7h
Tuko News on MSNKenyans borrow KSh 500 million daily from mobile loans, digital lendersKenyans borrow KSh 500 million daily in digital loans, totalling KSh 15 billion per month, with over 8 million active ...
The CBK announced the licensing of 27 additional digital credit providers in October last year, bringing the total number of ...
1h
AllAfrica on MSNExperts Urge Stronger Collaboration to Boost Smallholder Farmer FinancingAnnouncement - Agricultural policy experts have called for deeper collaboration between commercial banks and farmers, along ...
12h
The Kenya Times on MSNMan in Trouble After Borrowing Over Ksh1 Million from 52 Loan AppsA Kenyan man earning a monthly salary of Ksh55,000 accumulated a debt of Ksh1,071,000 across 52 active loan apps. The ...
11d
Tuko News on MSNWhy Most Kenyans Ditch Banks, SACCOs for Digital Lenders and Mobile LoansMoneyMarch Report 2025 released by Tala, a mobile loan lender, showed that more than a third of Kenyans increased borrowing, ...
A 2024 Ipsos Kenya research estimates this funding gap at $20 billion. Several factors contribute to this challenge, ...
In response to these economic pres- sures, the CBK has taken steps to ease the burden on borrowers by implementing ... (MSMEs), according to the Kenya National Bureau of Statistics. This highlights a ...
1d
AllAfrica on MSNAfrican Development Bank Mulls $500 Million Facility to Mobilize Financing for Smallholder FarmersAnnouncement - African Development Bank Group President Dr. Akinwumi Adesina has announced plans to launch a $500 million ...
In the ever-evolving landscape of South Africa’s technology, media and telecommunications sector, alongside its bond markets, ...
Akinwumi Adesina, president, AfDB has announced plans to launch a $500 million facility designed to unlock $10 billion in ...
Breaking the deadlock: How behavioural economics and cashflow-based lending can revitalise Sri Lanka
Introduction: Breaking the embedded deadlock in Sri Lanka’s lending practices This article intends to outline how behavioural economics and cashflow-based lending can help revive the banking sector in ...
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