Resolving challenges for digital credit with segment-specific vulnerabilities
In Kenya, the demand for digital credit as a substitute for both informal and formal financial services is strong. Yet the question remains—is the reach of digital credit wide enough to help all Kenyans who need instant credit? This blog discusses the current context and gaps relating to specific customer segments, and the associated behavioral traits and challenges. It also highlights key recommendations made to providers based on the insights and lessons from Kenya.
Launch of the digital credit report in Kenya- First English webinar in our series
Speakers from SPTF, MSC and the Smart Campaign discuss the key insights from the analysis of digital credit in Kenya and the recommendations from the newly launched report ‘ Making Digital Credit Truly Responsible’.
Where are the women in the digital credit bandwagon? Lessons from Kenya
This blog sheds light on how women are placed in the digital credit bandwagon in Kenya . Along with highlighting three key insights, the blog also establishes the business case for focusing on women as an important customer segment.
Is there room for optimism in the Kenyan digital credit sector?
This blog sheds light on the current state of the digital credit sector in Kenya highlighting the growth that has been experienced over the last 3 years. In addition, it also brings to our attention the positive trend that has been observed in the performance of mobile loans.
Making digital credit truly responsible- Insights from analysis of digital credit in Kenya
Based on MSC’s comprehensive study of the state of the digital credit landscape in Kenya (2019), this report highlights some positive signs and some persistent problems, as well as opportunities to improve products and consumer protection.