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Unlicenced lenders cannot recover loans after Kenya court ruling
A Nairobi magistrate has ruled that digital lenders operating without a CBK licence cannot enforce unpaid loans through the courts.
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businessdailyafrica.com
Unlicensed digital lenders denied right to pursue unpaid loans
Users of mobile phone-based micro-lenders have surged to over two million, from 200,000 in 2016.
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techcabal.com
Unlicenced lenders cannot recover loans after Kenya court ruling
A Nairobi magistrate has ruled that digital lenders operating without a CBK licence cannot enforce unpaid loans through the courts.