Kenyans turn to digital loans to get by
Digital loans are providing a lifeline to Kenyans as they navigate tough economic times and try to meet pressing basic needs.
Digital lenders provide millions of Kenyans with a financial bridge from month to month by offering quick, collateral-free credit. Data from the Digital Financial Services Association of Kenya reveals that digital lenders in Kenya serve around 8 million customers, disbursing short-term loans totalling between KSh 10 and KSh 15 billion monthly.
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