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Survey: Shopkeepers hardest hit by defaulters, mobile loan app follows

NAIROBI, KENYA: Are you a shopkeeper and planning to offer your goods or services on credit to your friend, neighbor or a family member? You have to think twice.

A new survey by Central Bank and the Kenya National Bureau of Statistics shows that shopkeepers are more likely not to recover money from such transactions followed by the mobile app companies in the credit business.

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