Big Boost for Kenya’s Mobile Lenders

At a budget reading on Wednesday 8th June, Kenya’s Treasury Chief proposed adding more proxies in measuring the credit worthiness of individuals in Kenya. The Credit Reference Bureau, Kenya’s Central credit information sharing database, intends to incorporate rental payments records from landlords, utility payments – water and electricity – , mobile operator data, and Pay TV services.

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Overbanked in Nairobi

Here in Nairobi, I am have wide choice  of financial services and payments options. At any one moment in time, I have:

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