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Government Removes 13M Loan Defaulters from CRB.You can now Access Loans Anywhere and Anytime

The government through Central Bank of Kenya (CBK) has managed to remove 13 million loan defaulters from Credit Reference Bureau (CRB).

CBK governor has said such small sums has been the cause of a curse of youth unemployment leading to economic crisis. He adds that young people with vision and idea straight from college are denied loans to start businesses. However, this will no longer be the case as they can now access loans anywhere and anytime.

Also these skillful youth miss job opportunities as some employers demand clearance certificate from CRB hence locking out many qualified individuals

According to CBK data there are 378Million records held by CRB. This move by CBK came after president Uhuru directives to suspend listing of loan defaulters as government wants to cushion Kenyans from Coronavirus distress.

This new directive has brought relief to millions of Kenyans who are experiencing financial crisis due to job loss and pay cuts

And for the first time CRB clearance certificate will be provided at no charge.

Content created and supplied by: MJcreativez (via Opera News )

CBK Central Bank of Kenya Credit Reference Kenyans Uhuru


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