defaulters Archives - Rvpg media

Small loan defaulters repay more than large ones

The recovery of loans from small defaulters is higher than those owing large loans, according to the findings of a probe by a parliamentary standing committee. The parliamentary committee on estimates also found that small defaulters put up with more collateral while securing loans compared to larger borrowers. For all latest news, follow The Daily … Read more

Counties with the worst loan defaulters exposed

Economy Counties with the worst loan defaulters exposed Friday November 18 2022 Central Bank of Kenya (CBK) Governor Patrick Njoroge. PHOTO | DIANA NGILA | NMG Drought-hit Marsabit, Garissa, Samburu and Isiolo counties have the highest proportion of borrowers defaulting on credit, including dues owed to shopkeepers and shylocks. The rates of default in the … Read more

How Helb lost potent weapon against defaulters

Economy How Helb lost potent weapon against defaulters Friday August 26 2022 Student loan beneficiaries at Helb offices in Nairobi. FILE PHOTO | NMG The High Court’s decision to stop the Higher Education Loans Board (Helb) from imposing interests and fines exceeding the principal amount has taken away the agency’s biggest weapon against defaulters even … Read more