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Originally published by The Standard Business
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October 4, 2025
3h ago

Inside MPs' plan to free Kenyans from clutches of rogue lenders

Inside MPs' plan to free Kenyans from clutches of rogue lenders

Parliament is considering a petition to introduce a law imposing a strict cap on debt repayments.   ..

✨ Key Highlights

The Kenyan Parliament has initiated a significant effort to protect millions of borrowers from predatory lending practices. This action follows a public petition advocating for new legislation to control rogue lenders.

  • The Parliament's initiative aims to free millions of Kenyan borrowers from the "debt yoke."
  • The effort was spurred by a public petition calling for new legislation.
  • The proposed legislation seeks to curb predatory lending practices.

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