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65% of Kenyans Do Not Have a Bank Account, 87% Struggle with Access to Credit, Says Latest Research
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65% of Kenyans Do Not Have a Bank Account, 87% Struggle with Access to Credit, Says Latest Research
Digital lending in Kenya is fast becoming a key lifeline. 65% of Kenyans do not have a bank account while 45% of borrowers on digital platforms lack a formal credit rating. 99.3% of Bank Accounts in Kenya have Less than Kshs. 1M, Says CBK Governor, Patrick Njoroge: https://t.co/UnizWm7VEP @CBKKenya @NjorogeP — BitKE (@BitcoinKE) February 27, 2019 In addition, 87% of Kenyans struggle with access to credit having never had approved loans for ~$2…
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