A cultural view of loan defaults in Kenya
Industry Information

A cultural view of loan defaults in Kenya

Executive summary  From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]

Lending as a side hustle: What I need to know
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Lending as a side hustle: What I need to know

So, you want to branch out and earn some extra cash on the side. Becoming a small-scale lender might not have been the first idea on your list. Whatever your story is, the important thing is that you’re here to learn about lending as a side hustle

7 best things the Central Bank has ever done for digital lending in Nigeria
Industry Information

7 best things the Central Bank has ever done for digital lending in Nigeria

The CBN has laid a strong foundation, but its work is far from over.