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Blacklist Stima Loan defaulters

Kenya Power should be persuaded to blacklist Stima Loan borrowers who have defaulted on their repayments to clear the backlog of debts and encourage electricity consumers to make prompt payments of utility bills.

All too often, consumers who have been advanced loans to meet the steep cost of connecting their households to the national electricity grid do not make regular payments. The growing debt has had adverse consequences as it means that others who may want similar loans could be locked out owing to diminished liquidity.

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