<html xmlns="http://www.w3.org/1999/xhtml" xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office"><head><!--[if gte mso 9]><xml><o:OfficeDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:OfficeDocumentSettings></xml><![endif]--></head><body><div style="font-family:garamond, new york, times, serif;font-size:16px;"><div style="font-family:garamond, new york, times, serif;font-size:16px;"><div id="ydpe68ea52cyiv1652734677"><!--[if gte mso 9]><xml><o:OfficeDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:OfficeDocumentSettings></xml><![endif]--><div><div style="font-family:garamond, new york, times, serif;font-size:16px;"><div><br></div><div><br></div><div><a href="https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans" class="ydpe68ea52cyiv1652734677enhancr_card_7539716228" rel="nofollow" target="_blank">Kenya moves to regulate fintech-fuelled lending craze</a><br></div><div><br></div><div id="ydpe68ea52cyiv1652734677ydpe4fc7064enhancr_card_7539716228" class="ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-link-enhancr-card ydpe68ea52cyiv1652734677ydpe4fc7064ymail-preserve-class ydpe68ea52cyiv1652734677ydpe4fc7064ymail-preserve-style" style="max-width:400px;font-family:Helvetica, Arial, sans-serif;" data-url="https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans" data-type="YENHANCER" data-size="MEDIUM" contenteditable="false"><a href="https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans" style="text-decoration:none;color:#000;" class="ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-enhancr-cardlink" rel="nofollow" target="_blank"><table border="0" class="ydpe68ea52cyiv1652734677ydpe4fc7064card-wrapper ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-ignore-table" cellpadding="0" cellspacing="0" style="max-width:400px;"><tbody><tr><td width="400"><table border="0" class="ydpe68ea52cyiv1652734677ydpe4fc7064card ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-ignore-table" cellpadding="0" cellspacing="0" width="100%" style="max-width:400px;border-width:1px;border-style:solid;border-color:rgb(224, 228, 233);border-radius:2px;"><tbody><tr><td class="ydpe68ea52cyiv1652734677ydpe4fc7064card-primary-image-cell" background="https://s.yimg.com/lo/api/res/1.2/zekjDsgTfb3paEyio2nSaQ--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/http://www.standardmedia.co.ke/images/monday/government_wants_to_5b0b9a3fb4930.jpg.cf.jpg" bgcolor="#000000" valign="top" height="175" style="background-color:rgb(0, 0, 0);background-size:cover;position:relative;border-radius:2px 2px 0px 0px;min-height:175px;"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:0;left:0;"><v:fill type="frame" color="#000000" src="https://s.yimg.com/lo/api/res/1.2/zekjDsgTfb3paEyio2nSaQ--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/http://www.standardmedia.co.ke/images/monday/government_wants_to_5b0b9a3fb4930.jpg.cf.jpg"/></v:rect><![endif]--><table border="0" class="ydpe68ea52cyiv1652734677ydpe4fc7064card-overlay-container-table ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-ignore-table" cellpadding="0" cellspacing="0" style="width:100%;"><tbody><tr><td class="ydpe68ea52cyiv1652734677ydpe4fc7064card-overlay-cell" background="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png" bgcolor="transparent" valign="top" style="background-color:transparent;border-radius:2px 2px 0px 0px;min-height:175px;"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:-18px;left:0;"><v:fill type="pattern" color="#000000" src="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"/><v:textbox inset="0,0,20px,0"><![endif]--><table border="0" class="ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-ignore-table" height="175" style="width:100%;min-height:175px;"><tbody><tr><td class="ydpe68ea52cyiv1652734677ydpe4fc7064card-richInfo2" style="text-align:left;padding:15px 0 0 15px;vertical-align:top;"></td><td class="ydpe68ea52cyiv1652734677ydpe4fc7064card-actions" style="text-align:right;padding:15px 15px 0 0;vertical-align:top;"><div class="ydpe68ea52cyiv1652734677ydpe4fc7064card-share-container"></div></td></tr></tbody></table><!--[if gte mso 9]></v:textbox></v:rect><![endif]--></td></tr></tbody></table></td></tr><tr><td><table border="0" align="center" class="ydpe68ea52cyiv1652734677ydpe4fc7064card-info ydpe68ea52cyiv1652734677ydpe4fc7064yahoo-ignore-table" cellpadding="0" cellspacing="0" style="background:#fff;position:relative;z-index:2;width:100%;max-width:400px;border-radius:0 0 2px 2px;border-top:1px solid rgb(224, 228, 233);"><tbody><tr><td style="background-color:#ffffff;padding:16px 0 16px 12px;vertical-align:top;border-radius:0 0 0 2px;"></td><td style="vertical-align:middle;padding:12px 24px 16px 12px;width:99%;font-family:Helvetica, Arial, sans-serif;border-radius:0 0 2px 0;"><h2 class="ydpe68ea52cyiv1652734677ydpe4fc7064card-title" style="font-size:14px;line-height:19px;margin:0px 0px 6px;font-family:Helvetica, Arial, sans-serif;color:rgb(38, 40, 42);">Kenya moves to regulate fintech-fuelled lending craze</h2><p class="ydpe68ea52cyiv1652734677ydpe4fc7064card-richinfo-primary" style="font-size:12px;line-height:16px;margin:0 0 4px 0;color:#979ba7;">Reuters</p><p class="ydpe68ea52cyiv1652734677ydpe4fc7064card-description" style="font-size:12px;line-height:16px;margin:0px;color:rgb(151, 155, 167);">Kenya built a reputation as a pioneer of financial inclusion through mobile money system that enables people to ...</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a></div><div><br></div><div><br></div><div><span>"<span style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;">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.... </span></span></div><div><span><span style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;"><span><span style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;">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....."</span></span></span></span></div><div><span><span style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;"><span><br></span></span></span></div><div><span><span style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;"><span><br style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;"><span style="color:rgb(51, 51, 51);font-family:Raleway, sans-serif;font-size:14px;">Read more at: </span><a href="https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans" style="color:rgb(51, 122, 183);font-family:Raleway, sans-serif;font-size:14px;" rel="nofollow" target="_blank">https://www.standardmedia.co.ke/business/article/2001282008/government-wants-to-regulate-digital-loans</a></span></span></span></div><div><br></div><div><a href="https://www.businessdailyafrica.com/markets/marketnews/Kenya-moves-to-regulate-fintech-fuelled-lending-craze/3815534-4579730-iebc2sz/index.html" class="ydpe68ea52cyiv1652734677enhancr_card_7740524153" rel="nofollow" target="_blank">Kenya moves to regulate mobile money fuelled lending craze</a><span><br></span></div><div><br></div><div id="ydpe68ea52cyiv1652734677ydpcb88be91enhancr_card_7740524153" class="ydpe68ea52cyiv1652734677ydpcb88be91yahoo-link-enhancr-card ydpe68ea52cyiv1652734677ydpcb88be91ymail-preserve-class ydpe68ea52cyiv1652734677ydpcb88be91ymail-preserve-style" style="max-width:400px;font-family:Helvetica, Arial, sans-serif;" data-url="https://www.businessdailyafrica.com/markets/marketnews/Kenya-moves-to-regulate-fintech-fuelled-lending-craze/3815534-4579730-iebc2sz/index.html" data-type="YENHANCER" data-size="MEDIUM" contenteditable="false"><a href="https://www.businessdailyafrica.com/markets/marketnews/Kenya-moves-to-regulate-fintech-fuelled-lending-craze/3815534-4579730-iebc2sz/index.html" style="text-decoration:none;color:#000;" class="ydpe68ea52cyiv1652734677ydpcb88be91yahoo-enhancr-cardlink" rel="nofollow" target="_blank"><table border="0" class="ydpe68ea52cyiv1652734677ydpcb88be91card-wrapper ydpe68ea52cyiv1652734677ydpcb88be91yahoo-ignore-table" cellpadding="0" cellspacing="0" style="max-width:400px;"><tbody><tr><td width="400"><table border="0" class="ydpe68ea52cyiv1652734677ydpcb88be91card ydpe68ea52cyiv1652734677ydpcb88be91yahoo-ignore-table" cellpadding="0" cellspacing="0" width="100%" style="max-width:400px;border-width:1px;border-style:solid;border-color:rgb(224, 228, 233);border-radius:2px;"><tbody><tr><td class="ydpe68ea52cyiv1652734677ydpcb88be91card-primary-image-cell" background="https://s.yimg.com/lo/api/res/1.2/MBBB6lFT99jXn3LLlv.nAQ--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://www.businessdailyafrica.com/image/view/-/4579746/medRes/1635142/-/7qi0spz/-/treasury.jpg.cf.jpg" bgcolor="#000000" valign="top" height="175" style="background-color:rgb(0, 0, 0);background-size:cover;position:relative;border-radius:2px 2px 0px 0px;min-height:175px;"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:0;left:0;"><v:fill type="frame" color="#000000" 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inset="0,0,20px,0"><![endif]--><table border="0" class="ydpe68ea52cyiv1652734677ydpcb88be91yahoo-ignore-table" height="175" style="width:100%;min-height:175px;"><tbody><tr><td class="ydpe68ea52cyiv1652734677ydpcb88be91card-richInfo2" style="text-align:left;padding:15px 0 0 15px;vertical-align:top;"></td><td class="ydpe68ea52cyiv1652734677ydpcb88be91card-actions" style="text-align:right;padding:15px 15px 0 0;vertical-align:top;"><div class="ydpe68ea52cyiv1652734677ydpcb88be91card-share-container"></div></td></tr></tbody></table><!--[if gte mso 9]></v:textbox></v:rect><![endif]--></td></tr></tbody></table></td></tr><tr><td><table border="0" align="center" class="ydpe68ea52cyiv1652734677ydpcb88be91card-info ydpe68ea52cyiv1652734677ydpcb88be91yahoo-ignore-table" cellpadding="0" cellspacing="0" style="background:#fff;position:relative;z-index:2;width:100%;max-width:400px;border-radius:0 0 2px 2px;border-top:1px solid rgb(224, 228, 233);"><tbody><tr><td style="background-color:#ffffff;padding:16px 0 16px 12px;vertical-align:top;border-radius:0 0 0 2px;"></td><td style="vertical-align:middle;padding:12px 24px 16px 12px;width:99%;font-family:Helvetica, Arial, sans-serif;border-radius:0 0 2px 0;"><h2 class="ydpe68ea52cyiv1652734677ydpcb88be91card-title" style="font-size:14px;line-height:19px;margin:0px 0px 6px;font-family:Helvetica, Arial, sans-serif;color:rgb(38, 40, 42);">Kenya moves to regulate mobile money fuelled lending craze</h2><p class="ydpe68ea52cyiv1652734677ydpcb88be91card-description" style="font-size:12px;line-height:16px;margin:0px;color:rgb(151, 155, 167);">Key aim is to ensure that providers treat retail customers fairly</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a></div><div><br></div><div><br></div><div><br></div><div><br></div><div><br></div><div>Be blessed.</div><div><br></div><div>Regards/Wangari</div><div><br></div><div class="ydpe68ea52cyiv1652734677ydp8d57eb4signature">---<br><font style="font-weight:bold;font-family:verdana, helvetica, sans-serif;" size="2"><span style="color:rgb(127, 0, 63);">Pray God Bless. 2013Wangari circa - </span><span style="color:rgb(127, 0, 63);">"Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".</span></font><br></div><div class="ydpe68ea52cyiv1652734677ydp8d57eb4signature"><font style="font-weight:bold;font-family:verdana, helvetica, sans-serif;" size="2"><span style="color:rgb(127, 0, 63);"><br></span></font></div> <div><br></div></div></div></div></div></div></body></html>