May 9, 2026
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Tag: digital lenders

Digital loan/Photo Courtesy

Digital lenders overtake microfinance banks with ksh 76.8bn in June 2025

Sacco Review05 mins

The number of licensed Digital Credit Providers (DCPs) in Kenya rose to 126 as of July 2025, reflecting rapid growth in the digital lending sector following the implementation of stricter regulatory requirements by the Central Bank of Kenya (CBK). According to according to the Central Bank of Kenya’s Financial Sector Stability Report DCPs advanced KSh…

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Departmental Committee on Finance and National Planning .

Business stakeholders call for stringent measures to curb predatory digital lenders

Sacco Review05 mins

Business stakeholders led by former legislator Lewis Nguyai have called on parliament to come up with stringent measures to cushion Kenyans who access loans from predatory digital lenders. Speaking when he appeared before the Departmental Committee on Finance and National Planning to make his submissions on the Business Laws (Amendment) Bill, 2024 the former MP…

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