Rethinking credit discipline for inclusive development

Kenya is at risk of embedding simultaneous two economy systems in which only a small group of citizens are able to access cheap formal credit.

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Access to credit is a fundamental pillar of modern economic growth.

However, in Kenya, the Credit Reference Bureau (CRB) system has been tightening lending capacity of both households and small enterprises to critical levels; leading to important concerns that it may have been designed out of its purpose to provide a delicate balance between financial discipline and economic inclusion.

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