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. […]

Top 5 loan apps for 5000 Ksh in Kenya 2026
Borrower information

Top 5 loan apps for 5000 Ksh in Kenya 2026

Thing is, accessing 5000 Ksh quickly can be tough. Banks might not lend such small amounts without long approval processes, and asking friends or family can be awkward. That’s where loan apps step in

All you need to know about the new student loan law
Industry Information

All you need to know about the new student loan law

For many Nigerian students today, their dreams are stifled by financial barriers. Learn how the new student loan helps to change that.