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Originally published by Nation Businessbusiness
April 20, 2026
14h ago
Shifting credit patterns push farmers back to digital loans
Digital credit regains as farmers shift borrowing patterns amid tightening informal financing options...
✨ Key Highlights
Kenyan farmers are increasingly returning to digital lenders for short-term credit, reversing a recent trend of relying on family and friends, according to a Central Bank of Kenya (CBK) survey.
- 35 per cent of farmers accessed digital loans in March 2026, up from 26 per cent in January 2026.
- Family and friends remain the most dominant source of credit at 37 per cent.
- The shift back to digital credit is attributed to the speed and accessibility of platforms like M-Pesa and digital products from commercial banks.
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