Mobile Lenders

5 Articles
FEATURED ARTICLE

CBK To Regulate Interest Charged by Mobile Lenders in Mooted Changes

The Central Bank of Kenya (CBK) will regulate monthly interest rates charged by the digital mobile lenders and roll-over fees if a proposal...

FEATURED ARTICLE

Digital Lenders Waive Late Repayment Penalties For Borrowers

The Digital Lenders Association of Kenya (DLAK) has agreed to waive the late repayment fees as part of the measures to support customers...

A borrower receives a micro loan from Tala, a dominant digital lender in Kenya. Loan sharking tendencies by some mobile lenders are becoming a deterrent to people who would be interested in taking credit. www.businesstoday.co.ke
SMART MONEY

Kenyans Cry Foul Over Harassment by Mobile Money Lenders

Despite banks continually facing stiff competition from mobile money providers and Saccos, mobile money debtors are feeling the pinch on tactics employed to...

FEATURED ARTICLE

Are Mobile Lenders Selling Your Data?

Kenyan financial institutions have a lot of money, that is why lenders, pension funds, investment banks have no qualms investing in treasury bills...

FEATURED ARTICLE

Pressure piles on CBK to regulate rogue mobile lenders

Central Bank of Kenya (CBK) Governor Dr Patrick Njoroge was on Wednesday put on the spot over failure to regulate mobile lenders who...