Kenyan currency

How lenders are milking small businesses dry

What you need to know:

  • A quarter of micro, small and medium-sized enterprises (MSMEs) failed to honour their loan obligations last year.
  • A loan is classified as non-performing when the borrower fails to make payments at least 90 days after the stipulated time.

Small businesses are choking under huge debts as the tough business environment has resulted in non-performing loans over the past four years.


You're all set to enjoy unlimited Prime content.