New Law Bans Harassment of Borrowers by Microfinance Lenders
[Nairobi Wire - Kenya] - 7/01/2025
The Business Laws (Amendment) Bill, 2024, which amended the Microfinance Act, officially took effect on January 1, 2025, bringing significant changes to the microfinance sector. This new legislation aims to curb abusive debt recovery practices by prohibiting microfinance companies from harassing (…)
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