Tag Archives: mfi

Why is the Kenyan mobile loan industry facing just a digital version of India’s MFI problems?

When you make fast, easy, short term loans available on the phone to anyone with a need for quick money, why is it a surprise when high levels of consumer debt are the result? A recent survey by financial inclusion giants like FSD and CGAP discovers that low income Kenyans have not been helped by […]

Posted in Africa, African Consumer Market, Banking, Base of the Pyramid, Business Models, Kenya, Loans, Mobile platform, Prepaid Economy & Informal Sector, Strategy, Technology | Also tagged , , , | 1 Response