Our reporter @KerenWeitzberg dug deeper into privacy issues, debt, and how the President profits.
codastory.com/authoritarian-…
Radio, SMS and online adverts sing the praises of digital loans: “Watch your money grow,” they promise. “It’s tempting. They sweet talk you,” says one of our sources.
privacyinternational.org/long-read/3109…
standardmedia.co.ke/business/artic…
Research suggests two thirds of Kenyans are skipping meals to service loans, while many are concerned the apps are fueling an online gambling craze among Kenya’s youth.
The company was texting their friends and relatives asking them to “kindly inform” debtors of their loan obligations.
2.7 million Kenyans have been blacklisted by Credit Bureaus in recent years – 400,000 of them for defaulting on loans of less than $2
codastory.com/authoritarian-…