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4 Million Kenyans To Be Removed From CRB By November 1st

Due to rough economic times, kenyans have opted for taking loans of all kind to survive. In his wisdom the president of the republic of kenya has said that the four million kenyans should be removed from CRB listing.

"Instead of blacklisting we can have a graduated listing of borrowers based on how they have borrowed and how they have paid back," he said. According to him this is a positive development for millions of kenyans who are unable to borrow today. Further it is an opportunity by the government to enable credit access to medium and small enterprises.

The statement by the president comes the same day Safaricom, KCB and NCBA announced that fuliza charges will be slashed by forty percent, as well as giving customers a grace period of three days before interest charges.

This is good news to youths who are always struck in this situation of borrowing small amount that they find it had to repay and deny them opportunity to access loans when need arise.

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

KCB Kenyans NCBA Safaricom


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