Survey reveals Kenyans’ savings pain

About a third of Kenyans would exhaust their savings within a month of losing regular income. PHOTO | SHUTTERSTOCK

About a third of Kenyans would exhaust their savings within a month of losing regular income with more finding it impossible to save in the difficult economic times.

This is based on a survey by digital lending firm Tala that shows while 33 percent of its digital loan customers indicate they would be unable to stretch their savings beyond a month, those saving regularly are reducing.

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