Kenyan Digital Borrowers Show Strong Confidence in Loan Repayment

Nairobi — Seven in 10 Kenyan (70 percent) digital credit borrowers will be able to repay their loans in time despite tough economic challenges, a new report shows.

The latest customer barometer survey by Tala, however, reveals that borrowing habits remained unchanged in the last half of 2023, with only 20 percent reporting to have borrowed more in the first half of this year, with the average amount being between Sh10,000 and Sh20,000.

Nonetheless, customers still continue to feel the pinch of…