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Tuko News on MSNKenyans borrow KSh 500 million daily from mobile loans, digital lendersDigital Financial Services Association of Kenya (DFSAK) has released a report on the increasing digital lending services ...
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AllAfrica on MSNKenya: Jijenge Credit Welcomes Loan Pricing Overhaul CallsDigital lender, Jijenge Credit limited has backed calls for a common base lending rate being spearheaded by commercial banks, ...
“In true Keynesian fashion, Kenya punishes savings and lenders ... Men accounted for the biggest proportion of digital borrowers at 60 per cent compared to women at 40 per cent.
Digital borrowers are also likely to have tried mobile ... especially from mobile money payment services,” CBK said. Kenya forced global firm Uber, which only accepted cash and card payments ...
The tablets distributed to schools are pre-installed with a comprehensive suite of educational applications and digital ...
The CBK announced the licensing of 27 additional digital credit providers in October last year, bringing the total number of licensed DCPs to 85.
The public outcry over predatory lending practices, harassment of borrowers and abuse of personal ... the enactment of the Central Bank of Kenya Digital Credit Providers (DCPs) Regulations ...
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How Banks and Digital Lenders Will Decide Loan Amounts for BorrowersBanks and digital lenders will no ... which allow lenders in Kenya to access advanced credit risk assessment tools. These products allow borrowers to get loans using their reputational collateral ...
Borrowers have reported aggressive debt-collection tactics from lenders A separate, independent watchdog should be given the power to investigate and penalize predatory lenders.
Speaking at the launch of a new report on digital rights, James Wamathai, Partnerships and Advocacy Manager at the Bloggers ...
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