The Credit Reference Bureaus (CRBs) have proposed a vetting tool for digital lenders before their return to share data on customer loans.
The bureaus said their lobby, the Credit Information Sharing (CIS) and Financial Sector Deepening (FSD), an independent trust focused on attaining an inclusive financial system, had presented to the Central Bank of Kenya (CBK) a criterion of screening the digital lenders before re-admitting them to sharing information on loan payments and defaults.
