Teachers’ salaries in the crosshairs as digital loan boom reshapes borrowing
Kenya’s digital-credit boom has reshaped borrowing options for teachers, making loans faster but riskier. SACCOs, banks and digital lenders have offered competing rates that vary widely in cost and repayment terms. The expansion of digital loans has raised concerns about affordability and erosion of teachers’ disposable income. Kenya’s digital-credit explosion is reshaping the financial landscape for teachers,…

