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The street Shylock and other shady money
lenders are on a roll. Word in the street is that there is a bee line to their
offices by desperate Kenyans in search of quick loans. Things are so thick that
some are dumping their assets to the unconventional money lenders the moment
they are given some exorbitant loans to fix their financial obligations.
To demonstrate how desperate things have
turned out, Grapevine was told of a landlady from a gated community who
collected money from her neighbors but never remitted it to the watchmen who
guard their gated estate. When she was reported to the assistant chief, the
landlady simply said that the money was grabbed by her bank the moment she
deposited it because she has fallen back in loan repayment.
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