A Look at Digital Credit in Kenya and Why Access Alone Is not Enough
Devex | Fri, Nov 2, 2018
by Catherine Cheney
In addition to working at a hospital in Nairobi, Kenya, Grace is a clothing entrepreneur. She uses a mobile app to take out loans that help her keep the business running.
“My customers usually don’t pay for the clothes immediately, so I usually borrow to ensure I can go to the market and buy goods for sale as I wait for payment,” Grace said, who used a loan from Tala to start her clothing business which provides her with additional income outside her work at the hospital.