Oya Micro Credit Bets on Financial Education to Strengthen SME Growth

NAIROBI,Kenya,May 30-Kenya's expanding credit market is increasingly shifting focus from loan disbursement to financial literacy, as lenders seek to Kenya breaking news | Kenya news today |..

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Oya Micro Credit is prioritizing financial education for SMEs, recognizing that access to credit alone is insufficient for business success.

Oya Micro Credit, celebrating its fourth anniversary, believes financial literacy enhances borrower outcomes and reduces risk.
Chief Executive Officer Wycklife Ochola stated that financial education is a core component of their business model, offering guidance on responsible borrowing and business management.
The company serves 20,000 customers monthly across 110 branches and uses an AI-powered WhatsApp platform for financial inclusion and education.

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