[kictanet] In the last three years,,2.7 million people out of a population of around 45 million have been negatively listed on Kenya’s Credit Reference Bureaux

[Jude Kikuyu]

Anyone with link of the said draft bill?

On Tue, May 29, 2018 at 11:30 AM, Mwanah Cephas Okoth via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> Well, listig on CRB is unavoidable for such a number of people -- loans
> financing is tricky affair with our economy and business environment in the
> last years
>
> On Mon, May 28, 2018 at 5:14 PM, WANGARI KABIRU via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>>
>>
>> Kenya moves to regulate fintech-fuelled lending craze
>> <https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans>
>>
>> Kenya moves to regulate fintech-fuelled lending craze
>>
>> Reuters
>>
>> Kenya built a reputation as a pioneer of financial inclusion through
>> mobile money system that enables people to ...
>>
>> <https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans>
>>
>>
>> "This week, the finance ministry published a draft bill on financial
>> regulation which covers digital lenders for the first time. A key aim is to
>> ensure that providers treat retail customers fairly, it said. “We have a
>> lot of predatory lending out here, which we want to regulate,” Geoffrey
>> Mwau, director general of budget, fiscal and economic affairs at the
>> treasury, told reporters on Thursday. As it was for mobile cash, Kenya is
>> something of a test case for the new lending platforms. Several of the
>> companies involved, including U.S. fintech startups, have plans to expand
>> in other frontier markets, meaning Kenya’s regulation will be closely
>> watched....
>> In the last three years, 2.7 million people out of a population of around
>> 45 million have been negatively listed on Kenya’s Credit Reference Bureaux,
>> according to a study by Microsave, a consultancy which advises lenders on
>> sustainable financial services....."
>>
>>
>> Read more at: https://www.standardmedia.co.ke/business/article/2001282
>> 008/government-wants-to-regulate-digital-loans
>>
>> Kenya moves to regulate mobile money fuelled lending craze
>> <https://www.businessdailyafrica.com/markets/marketnews/Kenya-moves-to-regulate-fintech-fuelled-lending-craze/3815534-4579730-iebc2sz/index.html>
>>
>> Kenya moves to regulate mobile money fuelled lending craze
>>
>> Key aim is to ensure that providers treat retail customers fairly
>>
>> <https://www.businessdailyafrica.com/markets/marketnews/Kenya-moves-to-regulate-fintech-fuelled-lending-craze/3815534-4579730-iebc2sz/index.html>
>>
>>
>>
>>
>>
>> Be blessed.
>>
>> Regards/Wangari
>>
>> ---
>> Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored
>> Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on
>> Earth".
>>
>>
>>
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>> Twitter: http://twitter.com/kictanet
>> Facebook: https://www.facebook.com/KICTANet/
>> Domain Registration sponsored by www.eacdirectory.co.ke
>>
>> Unsubscribe or change your options at https://lists.kictanet.or.ke/m
>> ailman/options/kictanet/omwanaj%40gmail.com
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>> for people and institutions interested and involved in ICT policy and
>> regulation. The network aims to act as a catalyst for reform in the ICT
>> sector in support of the national aim of ICT enabled growth and development.
>>
>> KICTANetiquette : Adhere to the same standards of acceptable behaviors
>> online that you follow in real life: respect people's times and bandwidth,
>> share knowledge, don't flame or abuse or personalize, respect privacy, do
>> not spam, do not market your wares or qualifications.
>>
>>
>
>
> --
>
>
>
> Okoth C. J
> Team Leader.
>
>
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
> Twitter: http://twitter.com/kictanet
> Facebook: https://www.facebook.com/KICTANet/
> Domain Registration sponsored by www.eacdirectory.co.ke
>
> Unsubscribe or change your options at https://lists.kictanet.or.ke/
> mailman/options/kictanet/jkikuyu%40gmail.com
>
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20180529/7d9c94b6/attachment.htm>