Revealed: Inside the borrowing trends in Kenya

The report, based on direct feedback from Tala customers, highlights how digital credit is reaching previously underserved populations...
✨ Key Highlights
A new report details the borrowing habits of Kenyans, indicating that digital credit significantly improves the quality of life, business growth, and reduces financial stress, especially among women.
- 9 out of 10 Kenyans reported an improvement in their quality of life after taking a digital loan.
- The report was compiled by global impact measurement company 60 Decibels, commissioned by digital lender Tala.
- 53% of borrowers used their loans for business, with 90% of those entrepreneurs reporting an improved business outlook.
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Read the complete article from The Standard Business