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What is Mobile Lending Apps and Consumer Debt in Kenya about?

The document outlines the influence of mobile lending apps on consumer debt levels in Kenya, highlighting the growth of digital credit, its importance for low-income groups, and emerging concerns such as over-indebtedness and high interest rates. It discusses regulatory responses aimed at consumer protection and the socio-economic drivers contributing to debt dependency. Additionally, it provides a global perspective on digital lending growth, benefits, risks, and regional challenges within Africa, emphasiz

Author

felixangeso

Language

EN