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. […]

A deep overview of consumer credit in Rwanda
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A deep overview of consumer credit in Rwanda

This report provides an in-depth analysis of Rwanda's consumer lending landscape, covering formal and informal markets, regulatory frameworks, types of credit, key players, and future prospects.

BVN is great, but here are 5 ways CBN can make it better
Industry Information

BVN is great, but here are 5 ways CBN can make it better

Creating BVN was a commendable first step, but if it doesn’t evolve with technology, it risks becoming  more bureaucratic than valuable.