Business Daily | by Otiato Guguyu
Unregulated digital mobile lenders have limited lending to a select customer to curb loses after the Central Bank of Kenya banned them from forwarding the names of loan defaulters to credit reference bureaus (CRBs).
Digital Lenders Association of Kenya (DLAK) chairman Kevin Mutiso said the lenders initially stopped offering any loans in March and April but later resumed, targeting only the borrowers who had a good repayment history…
