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Digital lenders set measures to curb economic effects of COVID-19 pandemic

3/20/2020

The Star
Friday 03/20/2020

The loan institutions will be guided by the special circumstances and ethical principles of responsible lending. Majority of Kenyans access digital credit for business purposes such as investing and paying salaries, and to meet everyday household needs

Digital lenders unveil measures to guide sector during coronavirus crisis

3/20/2020

Nairobi News
Friday 03/20/2020

The Digital Lenders Association of Kenya (DLAK) has unveiled a raft of measures to address the impending adverse economic effects of the Covid-19 pandemic to millions of customers with digital loans.

Digital Lenders unveil emergency measures to shield borrowers

3/20/2020

Kbc.co.ke
Friday 03/20/2020

The Digital Lenders Association of Kenya (DLAK) is advising their members to update their scoring models and the method of calculating creditworthiness to include the economic and social impact of COVID-19 pandemic.

Mobile lenders now change tack in collection of debt

3/19/2020

Business Daily
Thursday 03/19/2020

Developing countries have seized on mobile technology to fill gaps in financing and achieve financial deepening. Fintech companies make the process easier by implementing swift and reliable ways to disburse loans instantly aided by extensive algorithms that easily scan the financial status for borrowers.

Media

Digital lenders set measures to curb economic effects of COVID-19 pandemic

Digital lenders unveil measures to guide sector during coronavirus crisis

Digital Lenders unveil emergency measures to shield borrowers

Mobile lenders now change tack in collection of debt

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