A new survey finds that a majority of Kenyans are increasingly turning to loans to meet basic needs, fund education, and invest in businesses amid tough economic conditions. The latest Financial Wellness Monitor Report, released on Wednesday, March 25, 2026, by Old Mutual, found that 74% of working Kenyans took out a loan in the
A report released on Friday, January 30, 2026, by the Atlantic Council reveals a $10 trillion growth opportunity in the global “Inclusive Finance” sector, identifying a “three billion person challenge” that remains the final frontier for the global economy. The report, titled “A Three Billion Person Challenge,” points out that although there has been considerable
![KCB Announces New Leadership Changes After AGM [Full Details]](https://hivileo.co.ke/wp-content/uploads/2026/01/Photo-of-KCB-Bank-branch-in-KENCOM-Nairobi-288x180.png)
KCB Bank has announced changes to how interest on existing loans will be calculated, following the implementation of a revised Risk-Based Credit Pricing Model (RBCPM) in line with directives from the Central Bank of Kenya (CBK). In a notice dated Wednesday, January 28, 2026, the lender said the new pricing framework, which has been in
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