Kenya – Karma https://karmaimpact.com Advancing people, planet and profit. Thu, 02 Apr 2020 13:00:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Kenya’s Micro-Borrowers Find Social Distancing a Challenge, Lender 4G Capital Says /kenyas-micro-borrowers-find-social-distancing-a-challenge-lender-4g-capital-says/ /kenyas-micro-borrowers-find-social-distancing-a-challenge-lender-4g-capital-says/#respond Wed, 01 Apr 2020 05:43:13 +0000 /?p=15413 Kenyan borrowers from microlenders can’t stay home to avoid coronavirus, African lender 4G Capital says. Africa’s fintech sector — a favorite of investors — poised to accelerate, 4G’s CEO says. While Africa has fewer coronavirus cases than elsewhere, the lack of social infrastructure means the continent’s population would find it harder to cope with the […]

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]]> /kenyas-micro-borrowers-find-social-distancing-a-challenge-lender-4g-capital-says/feed/ 0 Dark Side of Microloans: Poor Kenyans Defaulting Under Sky-High Rates, Report Says /dark-side-of-microloans-poor-kenyans-defaulting-under-sky-high-rates-report-says/ /dark-side-of-microloans-poor-kenyans-defaulting-under-sky-high-rates-report-says/#respond Thu, 13 Feb 2020 23:12:16 +0000 /?p=14894 The dark side of making microloans to the poor is on display in Kenya, where small borrowers are defaulting on loans from Tala, a U.S. fintech firm that claims to lift customers with a dream out of poverty, Bloomberg Businessweek reported. Tala makes loans of $10 to $500 using a smartphone app that instantly offers […]

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