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Michael Kimani @pesa_africa
, 3 tweets, 1 min read Read on Twitter
Im only retweeting this for the comment appearing at the end of article

Only thing worth reading. Article is usual banker virtue signaling

Same people who peddled predatory lending under guise of Microfinance now turn to critize digital lending?
"You and your colleagues make a handful of laudable arguments in favour of more regulation in the fin-tech age, but yet again there is a complete refusal to admit that the commercialized-now-digitalized private microcredit model ...
"It is fair to say that in Kenya, as in many other African countries, the development of digital credit was sponsored by international development agencies. This was done with good intentions, if little foresight of the unintended consequences."
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