×

The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.

Standard Group Plc HQ Office,
The Standard Group Center,Mombasa Road.
P.O Box 30080-00100,Nairobi, Kenya.
Telephone number: 0203222111, 0719012111
Email: [email protected]

NEWS & CURRENT AFFAIRS

Digital News

Loan Apps: How mobile loan platforms have lured Kenyans into debt trap

By Patrick Alushula and Dominic Omondi | 8yrs ago

Digital borrows are almost twice as likely to have tried mobile betting at least once in their lifetime. [File, Standard]

Recent events that have seen the Government borrow to offset maturing loans have raised a storm among Kenyans.

Yet, bombarded with numerous digital credit providers, Kenyans have dug themselves into a refinancing crisis that might be uglier than that of their Government.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.

Continue Reading →

What you get

Unlimited access to all premium content
Ad-free browsing experience
Mobile-optimised reading
Weekly newsletters & digests

Pay via

M - PESA

VISA

Airtel Money

Secure Payments Kenya's most trusted newsroom since 1902

Related Topics

mobile loans pilling debt debt crisis mshwari mobile banking

.

Similar Articles

African hustlers did not create this xenophobia. It's Africa's failures

African hustlers did not create this xenophobia. It's Africa's failures

Stop fighting your fellow African hustler. Africans must hold their leaders accountable for the unemployment that forces migration.

By Victor Chesang

4 mins ago

Show me your scoring engine, I'll show you your loan book

Show me your scoring engine, I'll show you your loan book

A scoring engine is more than a software to deploy; it is the gate that either admits risk into the business or keeps it out before it damages cash flow, provisions, capital, and reputation.

By James Mungai

26 mins ago

The spice sisters of Kisaju: How solar tech-savvy women are securing the global herb market

The spice sisters of Kisaju: How solar tech-savvy women are securing the global herb market

Farming for European markets requires strict compliance and the ability to navigate seasonal market shifts.

By Maryann Muganda

31 mins ago

Global payment platforms turn mobile phones into SME cash registers amid rising fraud risks

Global payment platforms turn mobile phones into SME cash registers amid rising fraud risks

Global fintechs have jumped on the mobile payment bandwagon by introducing products that are designed to expand how smartphones accept and send digital payments.

By Peter Muiruri

1 hr ago

Sub-contracting policy gap hit leather sector as Cabinet steps in with Sh5.8b support plan

Sub-contracting policy gap hit leather sector as Cabinet steps in with Sh5.8b support plan

A Sh5.8 billion leather value chain revamp deal has received the Cabinet's nod as the government moves to revitalise the sector currently riddled with gaps in sub-contracting.

By Graham Kajilwa

1 hr ago

Kenya urged to scale AI beyond pilot projects

Kenya urged to scale AI beyond pilot projects

In agriculture, AI's greatest value lies not only in forecasting weather but also in helping governments make faster and better decisions.

By Noel Nabiswa

5 hrs ago

IM banks on communities in new entrepreneurship drive

IM banks on communities in new entrepreneurship drive

The Predators Den is an initiative to identify and provide business support to entrepreneurs so they can position themselves to earn a decent income from resources within their communities

By Macharia Kamau

6 hrs ago

Kenyan SMEs land Sh181m for clean energy projects

Kenyan SMEs land Sh181m for clean energy projects

High up-front set-up costs and costs associated with running inefficient appliances are the primary barriers to growth for businesses in Africa.

By James Wanzala

12 hrs ago

KETRACO unveils Sh65b new PPP proposal for high-voltage power lines

KETRACO unveils Sh65b new PPP proposal for high-voltage power lines

KETRACO has unveiled a Sh65 billion PPP proposal to develop five high-voltage transmission projects aimed at improving power reliability and expanding electricity access across Kenya.

By Benard Sanga

14 hrs ago

SACCO savings top Sh1 trillion as government pushes reforms

SACCO savings top Sh1 trillion as government pushes reforms

SACCOs now hold more than Sh1 trillion in member savings as the government steps up reforms to strengthen governance, financial resilience and technology across the cooperative movement.

By David Njaaga

19 hrs ago

.

Latest Stories

African hustlers did not create this xenophobia. It's Africa's failures

African hustlers did not create this xenophobia. It's Africa's failures

By Victor Chesang

4 mins ago

Show me your scoring engine, I'll show you your loan book

By James Mungai

26 mins ago

The spice sisters of Kisaju: How solar tech-savvy women are securing the global herb market

By Maryann Muganda

31 mins ago

Sub-contracting policy gap hit leather sector as Cabinet steps in with Sh5.8b support plan

By Graham Kajilwa

1 hr ago

Global payment platforms turn mobile phones into SME cash registers amid rising fraud risks

By Peter Muiruri

1 hr ago

.

The Standard Insider

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel

© 2026. The Standard Group PLC. All rights reserved