Digital lending - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Why Parliament wants tougher borrower protections

Sacco ReviewAugust 20, 2026August 20, 202609 mins

Parliament is pushing for stronger safeguards as Kenyans increasingly rely on credit to meet essential needs Interest rates, hidden charges and aggressive debt collection practices are facing greater scrutiny Proposed reforms seek to balance wider credit access with stronger accountability and borrower protection Parliament has intensified its focus on Kenya’s lending sector amid growing concerns…

CBK urges Kenyans to report unauthorised mobile loan apps in latest crackdown

Sacco ReviewJuly 15, 202604 mins

CBK urges Kenyans to report illegal mobile loan apps. 25 new lenders licensed, raising the total to 252. Licensed lenders issued Ksh 150.56 billion in loans by May 2026. The Central Bank of Kenya (CBK) has urged Kenyans to report illegal mobile lending applications, as part of an intensified crackdown on unlicensed digital lenders accused…

Farmers shift to family and digital lenders as bank, SACCO credit drops despite CBK easing

Sacco ReviewDecember 19, 202504 mins

Kenyan farmers are increasingly ditching banks and SACCOs in favour of borrowing from family, friends and digital lending platforms, even as conventional borrowing costs fall. The latest Agriculture Sector Survey by the Central Bank of Kenya (CBK) shows a clear pivot toward informal and tech‑enabled credit, underscoring changing preferences and risk dynamics in agricultural financing….