Four in 10 Kenyans borrow to meet daily expenses, report
The survey also shows that 54 percent of respondents are carrying the same or higher debt levels compared to last year, while 46 percent admit to regularly overspending their budgets. Kenya breaking news | Kenya news today |..
✨ Key Highlights
A new report reveals that approximately 40 percent of Kenyans are resorting to borrowing to cover their daily living expenses, highlighting significant financial strain on households.
- 40% of Kenyans are borrowing for daily expenses.
- The Old Mutual Financial Wellness Monitor conducted the survey.
- Despite financial pressure, Kenyans are creating additional income streams, with 5.9 out of 10 financial satisfaction score in 2025, up from 5.2 in 2024.
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Four in 10 Kenyans Borrow to Meet Daily Expenses - March 2026
A new report reveals that approximately 40 percent of Kenyans are resorting to borrowing to cover their daily living expenses, highlighting significant financial strain on households. Meanwhile, Kakuzi Plc has doubled its dividend payout to Sh16 per share after achieving a significant profit rebound of Sh387.5 million for the 2025 financial year. Additionally, demand for liquefied petroleum gas (LPG) in Kenya experienced a significant surge, increasing by 14.6 percent to 251,425 metric tonnes in the latter half of 2025, attributed to the government's intensified promotion of clean energy and a consumer shift towards more affordable household fuel options.
