Category Archives: Uncategorized

Mobile lenders drive microfinance entities to early grave

Janet Akinyi, a mama mboga (greengrocer) in one of Nairobi’s low-income suburbs, is neck-deep in debts which she incurred from the myriad mobile lending platforms that seem to mushroom with every crack of dawn. Yet, unlike some few years ago, she is not worried. In 2010, she had a similar experience. Only then, instead of […]

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