DIGITAL LOAN RECOVERY VS. BORROWER RIGHTS: WHERE IS THE LEGAL LINE?
The Growth of Digital Lending in Kenya In the past decade, the advent of digital lending platforms has spawned an uptake in digital mobile loans. Mobile applications now allow individuals to borrow money within minutes without needing to visit a bank. As of September 2025, it is estimated that the Central Bank of Kenya has […]
PERSONAL AND CORPORATE GUARANTEES
(Part 3 On the series on lending) What is a guarantee? A guarantee is a contractual obligation by a guarantor to ensure that a third party (a borrower) will fulfil their payment obligation and an undertaking to pay any amounts owed by the borrower should they fail to pay. It acts as a secondary obligation […]
SECURED LOANS IN KENYA: A PRACTICAL GUIDE FOR BORROWERS AND LENDERS
Introduction and Overview of Secured Lending Secured transactions in Kenya involve the use of collateral to secure a loan or other financial obligations. The collateral provides the lender with a form of security or guarantee that if the borrower defaults on the loan, the lender has the right to take possession of the collateral and […]