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Kenyans' big appetite for loans could stifle economic growth

Kenyans have borrowed their government’s bad manners; living off borrowed money. As a result, most people, just like their government, are now knee deep in debt and are still busy digging in.

According to a report by Financial Sector Deepening, two out every three Kenyans are struggling to repay debt. Some even choose to go hungry to save money to pay debts.

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