High mobile loans appetite bares Kenyans’ cash strain

Six of the top 10 downloaded free software on Google Play Store in Kenya are now mobile loan apps. FILE PHOTO | NMG

Six of the top 10 downloaded free software on Google Play Store in Kenya are now mobile loan apps, reflecting the dire financial strain of the population.

Some of the top downloads are Mkopo Haraka, TruePesa, Kopesha, AsapKash, Zenka and Zash Loan. In the list of the top 20 downloaded apps by Friday last week, 11 were loan apps, denoting 55 percent of the top 20 downloads.

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Note: The results are not exact but very close to the actual.