Five years after Kenya launched the world’s first digital credit solution, the market for digital credit has expanded rapidly in Kenya and many low-income countries. But exactly how big is the market? Who’s using digital credit? And what impact is it having on low-income customers? FSD-Kenya, in partnership with the Central Bank of Kenya (CBK), Kenya National Bureau of Statistics (KNBS) and CGAP conducted a nationally representative with over 3,000 Kenyans to find out.
This survey was originally published by CGAP on their website here.
Totolo, E. (2018). The digital credit revolution in Kenya: an assessment of market demand, 5 years on. Nairobi, Kenya: FSD Kenya.