Female borrowers account for under a third of Sh4.733 trillion loans disbursed by lenders over the past five years to the end of December 2023, despite being better repayers than their male counterparts, pointing to missed opportunities by lenders.
A new study on Kenya’s credit market landscape by the Financial Sector Deepening (FSD) Kenya, shows that women accounted for Sh1.375 trillion or 29 percent of loans issued by lenders during the review period while their male counterparts tapped Sh3.35 trillion.
