Following a deal between the Family Bank and DigiFarm, 1,000 smallholder maize farmers in Embu County would have access to digital credits for farm inputs and...
By the end of June, six out of ten micro and small businesses (MSEs) had defaulted on their loans, illustrating the challenging business climate caused by...
A new model of supporting higher education stipulates that students who are vulnerable and in dire need will not be required to pay tuition starting this...
Kenya Power will receive a Sh40.8 billion ($300 million) interest-free loan from the World Bank to help it pay off debts, upgrade its dated transmission network,...
Members of savings and cooperative organizations (Saccos) are selling off their bank loans because they are alarmed by the rate increases brought on by lenders transitioning...
Bank bad loans grew for the first time in four months in October last year underlining the effects of the economic slowdown on businesses. Fresh data...
A surge in finance app installation and downloads for mobile loans rose by five per cent between January and September 2022, a new report shows, highlighting...
Kenya still in negotiations with the World Bank Group for a fresh (Sh92.1 billion) $750 million concessional loan to be secured before the end of June...
A third of Kenyan loan accounts are listed as defaulted with the country’s credit reference bureaus (CRBs) in an economy where Covid-induced job cuts, business closures...
Families borrowed Sh213.5 million daily from commercial banks, microfinance banks, and Sacco’s in the nine months to September as a harsh cost of living pushes more...