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Majority of Kenyans borrowing Ksh 1,000 or less default on loans — CBK report reveals

Sacco ReviewSeptember 22, 202505 mins

A new report by the Central Bank of Kenya (CBK) has revealed that a majority of Kenyans borrowing small digital loans particularly those of Ksh 1,000 or less are defaulting, raising concerns over the sustainability and impact of digital credit in the country. The Kenya Financial Sector Stability Report released on September 2025, shows that…

High loan default rates hit Saccos

Sacco ReviewApril 23, 201905 mins

Defaulters to lose property in stringent loan recovery measures By Jackson Okoth Deposit-Taking Saccos have warned members of stringent loan recovery measures that include use of debt collectors and Credit Reference Bureaus to lock out loan defaulters from accessing Sacco products. The rate of non-performing loans has been on the rise in the Sacco sub-sector….