Business
Hustler Fund defaulters to miss out on bank and sacco loans
Since its launch in November 2022, the Hustler Fund has disbursed about Sh70 billion to 26 million Kenyans.
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Business
Microfinance banks sell loans to commercial lenders as defaults mount
A new report by the Central Bank of Kenya (CBK) shows that the 14 microfinance banks (MFBs) under its supervision have been unable to expand lending, forcing them to sell loans to commercial banks while slowing...