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Kenyans have become prisoners of mobile loan Apps, shows study

A woman uses her mobile phone. 800,000 Kenyans are reported taking several loans to repay others. FILE PHOTO | NMG

By  JAMES KARIUKI

The proliferation of digital loan platforms has not improved lives, a new survey shows.

Instead, the survey shows, many Kenyans have become prisoners of these systems, in some instances borrowing to gamble or settle previous debts.

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

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