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Borrower scores improve in a year
KWFT and the African Guarantee Fund have signed a Sh725 million risk-sharing partnership agreement to expand lending to women-led or women-owned small and medium enterprises in Kenya.
Individual credit scores have strengthened despite concerns of elevated credit risks from rising interest rates in the past year.
According to data from Metropol Credit Reference Bureau, scores for individual borrowers standing above good or 500 to 900 points have climbed to 71 percent or 16.3 million profiles at the end of February 2024 from 63 percent at similar time last year.
