Debtors Care - A financially independent Africa
Sometimes, the biggest financial problem an employee faces is not how much they earn, but how often they have to borrow to get through the month. It often starts with something small. An employee receives their salary, pays the usual bills and sets aside money for household expenses. Everything appears manageable until an unexpected expense…
Kenya’s national debt hit Kshs 13.01 trillion at the end of June 2026, this is according to the National Treasury data. Treasury has also budgeted to borrow another Kshs 1.15 trillion this financial year to help finance the gap between what the government collects and what it spends. Now look at your M-Pesa. In the…
Both the national and county governments regularly speak about the importance of small and medium-sized enterprises (SMEs) to Kenya’s economy. SMEs are praised as drivers of job creation, innovation, and economic growth. Yet in practice, many of these businesses are treated less like valued partners and more like a convenient source of free financing. Government…
There comes a point in many people’s financial journey when the pressure becomes difficult to ignore. The phone calls start coming more frequently. Loan repayment dates seem to arrive faster than expected. Salary is received and disappears almost immediately. Business income that once seemed sufficient no longer stretches far enough. For some, the challenge began…
Most people pay attention to their physical health. They schedule medical check-ups, monitor symptoms, and seek professional advice when something feels wrong. Yet when it comes to financial health, many borrowers operate without ever taking a proper look at their overall credit position. Loans are taken, repayments are made, facilities are renewed, and new obligations…
Financial stress is one of the most underestimated threats to productivity in today’s workplace. Organizations invest heavily in skills training, performance management systems, and employee engagement initiatives. Yet one powerful factor often goes unaddressed: employees’ personal debt. When employees don’t understand their debt—how much they owe, how interest works, or how repayments are structured—it quietly…
The Silent Spiral James, a 29-year-old boda boda rider in Nairobi, took his first mobile loan to repair his motorcycle. It was quick. Convenient. Lifesaving. A month later, he took another loan—from a different app—to cover school fees. Then another—to repay the first. Within six months, James wasn’t borrowing for growth anymore. He was borrowing…