Kenyans took to social media to lament after Citizen TV highlighted the plight of those who take mobile loans go through. From the research that was Revealed, it was evident that in 2020 alone, Kenyans borrowed shs. 1.2 billion daily on M-Shwari and Fuliza alone with this purely being blamed on the raving effects of Covid-19 pandemic which destroyed livelihoods of many people.
Further the reaserch reveals that in from January 2021 about 4 million Kenyans are listed on the credit reference Bureau, CRB because they cannot repay the mobile loans.
One of the persons who is greatly affected by loan defaulters in a pastor identified as John Kimani Ngure who claimed that one of his church members took a mobile loan used his details under the guarantors. Unfortunately that person has failed to pay and so the mobile money lenders are on his neck.
Pastor Ngure said that on Saturday he did not use his phone as the kept on calling almost after 2minutes intervals. They are arrogant, use threatening words to the pastor's job and his family and they even call as late as 11pm at the same intervals.
Please leave a comment on your encounter with these mobile money lenders. Thank you.
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