Debt is loved and hated in equal measure. Biblically, you become a slave of the debtor.
But that has not stopped us from taking more debt. It is easy to get into debt; it feels like free money till you start paying back. A popular joke on the streets targeting car owners from matatu touts is: anajivuna na gari ni ya loan (you are showing off, yet you got the car on loan) shows our secret admiration for debt.