Parental Guidance
MOBILE LOANS
Kenya's
Central Bank (KCB) revealed that, as of November 2022, about 14 million
accounts had been listed for defaulting on digital lending apps. Many borrow
from one app to pay another, leading to a vicious cycle. KCB puts the loss to
loan interests at approximately $1,200 per person each month.
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MOBILE LOANS
The Modern Shylocks in Town
Episode 1
