Blacklisted Kenyan digital borrowers to get 50% discount

  • | Citizen TV
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    Digital borrowers in the country will enjoy a 50% waiver on loans owed provided they pay the remaining 50% of the loan within the next 6 months. Under the credit repair arrangement, the Central Bank of Kenya seeks to clear about 4.2 million Kenyans, listed on credit reference bureaus with a cumulative 30 Billion shillings non-performing loans owed to mobile digital lenders. Faizal Ahmed has more on this story